The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
f£B
Price
60
1944
16
MONDAY
ommetciaL &n
Reg. U.
T
r
[J Volume 159
PUBLIC UTILITY
-
°Net
profit
°After
excess
$7,724,931
and
profits
taxes.
545.
J).
of
at
of
•
•
for
Aetna Life Insurance
redemption as of April
sub-committee of the United States Senate Committee on In¬
and fully explained the entire transaction.
of Congress pursuant to which the inquiry is being made
(Interstate Commerce Act, Sec. 5(4)) was-passed in 1940, long after
any of the transactions referred to above.
The Act was specifically
limited by Congress to acquisition of control subsequent to the date of
i
'
5%
1, 1944, a
The
to
when earned and would pro¬
on the'debentures would be
unlike preferred dividends.—V. 159, p. 209.
dividends on the common stock
saving in that interest paid
tax
a
deductible
income,
from
opinion that
the Act.
"Alleghany Corp. is proud of its achievements for its Stockholders
and its outstanding record of service to the public since 1937,
We are
sure that the Commission is as desirous as we
are of minimizing the
burden of this investigation on railroad personnel..
%
"This, investigation naturally raises the question as
to what the
Commission's policy is to be concerning the Chesapeake and Ohio's
trol within the scope of
;;
Co.—Purchases Gov't Bonds—
i
$420,000,000.-
/n
Co.
Surety
ficers were
Three
Aetna Life
elected in the
Life Insurance
1
In the Aetna
r
.
the official staff of the
Companies ana six new officers were
Co.
.
Life, Robert B. Coolidge, Superintendent
Affiliated
and
Aetna
,
-645
New York Stock Exchange (Bonds) ___——656
New York Curb Exchange
......660
Baltimore Stock Exchange665
Boston Stock Exchange——665
;
,
of Agencies, was
Vice-President.
In the Automobile Insurance Co ,
James F. Dissell,
Assistant Secretary, was advanced to Secretary of
the fire department.
Miss Marion A. Bills, Assistant Secretary of the
Aetna Life was elected to the same office in Aetna Casualty & Surety
Co. and the Automobile Insurance Co.
•; 4
%■;;■'■: The .six new officers elected in the Aetna Life Insurance Co, were
Gordon C. Streeter and John F, Heckman, Jr., made Assistant Actu¬
aries: C. B, Johnson and J, Dexter Walcott; Jr., elected Assistant Sec¬
advanced
Second
to
retaries, group division, and Robert
made Field Supervisors, liie agency
Stock
Cleveland
W. Wilkinson and J. Wiley Craig
department.—V. 159, p. 545. , : ■
Montreal Curb
of Walertown, N. Y.—
A"''-';'-'-;r- -j"
Z
surplus of $956,000 for the Agricultural and $53,000 for.
State Insurance Co., its wholly-owned subsidiary, arid
Insurance
Agricultural
Report—
•
a
A
gain in
Empire
'the
total
Co.
$20,281,128 for the two companies
of
risSets
Toronto Stock
annual
meeting of
i
.
the '■ insurance
"We
Cargo
against war loss to cargoes.
marine writing companies,, as
other
and
in
Banks.-
Reserve
•;
546.
Offering—Blair
secondary distribution Feb. 9
10,000 shares of common stock (no par).
The price was
$29 a share, less a concession of 75 cents a share to dealers,
'
•
To Pay 50-Cent Dividend on Present Common Stock—
Aluminum Co. of America—Secondary
,
680 .g
Stock and Bond Averages.
Stock Exchange During 1943——
680
655
655
—655
in
Canadian
Federals.
Corp.—ICC
Alleghany
holding
a
which will determine whether the Alleghany
exercising a controlling interest in the
company
Specifically,
these
the
railroads
chairman
worth
and
investigation, is
has
been
by
American
Alleghany, .Robert
Act.
$145,1.08; appreciation—market values—bonds and stock including
profit or loss on sales for the Agricultural $740,725, for the Empire
State $8,557; income tax incurred for the Agricultural $280,054, for
the
Empire State
$40,000; dividends for the Agricultural $390,000,
for the Empire State $90,000;'increase in surplus for the Agricultural
$956,022, for the Empire State $53,422.
A dividend of 75 cents per share has been declared on the Agricul¬
tural stock payable April 1, and a dividend of 50 cents per share has
been declared on the Empire State stock.—V. 157, p. 597.
State
f
Akron, Canton & Youngstown
of the ICC in
of
1,
159,
p.
trol
over
affairs.
its
Similarly
on
Dec.
29,
1937
(subsequent to the
Young-Kirby purchase) the interstate Commerce Commission author-,
the Chesapeake and Ohio to acquire control of the Nickel Plate,
to such authorization Chesapeake and Ohio acquired 56%
1944,
.
,
and thereafter Chesapeake
the affairs of
that railroad.1
Upon this occasion the Commission was fully advised
of the relationship of Alleghany Corp. to the railroads involved.
"Young and Kirby acquired their Alleghany Securities from George
A. Ball in 1937, at a'time .when Alleghany's relationship to the Chesa¬
peake and Ohio,. Nickel Plate and Pere Marquette had Ion? been firmlv
of
Nickel
and
Ohio
Plate
has
established.
.
•
■
■
•
*
'
outstanding common
exercised
some
stock
measure
of
were
favorable, as
Corp.—Annual Report
corporation states that operations
indicated in the following table:
i«vi2
1943
nn-4V-
%"'%% Vi.A,-CV',
L-I
in asset value
Income
(interest
..1-75
during 1943 was over
Statement, Year Ended Dec,
earned, $32,377;
.
-60
——
The increase
Income
.
'
■
_
_
Share
$0,425
■
' .40 " •;%
r
1941
Asset Value
Dividends Paid
V'v
.
26%
Operating
Excess of
Net
profit
average
sales of securities computed on basis
(profits, $123,096, less losses, $3,924)
of
acquisition, they appeared
Net
—
3.190
Federal income tax.
profit
paid
-J—
Dividends
Assets—Cash
—
—.—-
—
—
Balance
interest
119,172
$116,42(1
Balance
Provision for
$33,551
$2,746
income
from
cost
•
7.36 •••.:
10.54
13.29
36,297
—
operating expenses over
$6.32
.
dlvs. received, $1,173)—
expenses
Per Share
31, 1913
control over
Shortly after the Young-Kirby
:
of the
ized
RR,—Acquires Proper¬
105.
1943
report
,
interest formerly vested in
pany.—V.
in
Foreign Investing
annual
tenth
The
.
this company acquired all rights, titles and
the trustees of the Akron Canton & Youngstown Ry. Co. and the Northern Ohio Ry, Co.
The. purchase commit- '
ments and contracts of the trustees were assumed by the new com¬
Feb.
\
Co.—Obituary—
per
order¬
■
ties—
Effective
Foundry
Statement
Pursuant
,
&
A. Stancliffe,
American
.
%
following statement relating to the action
Car
General Counsel, a member of the finance com¬
mittee and a director, died on Jam 27.
He was also a director of.
other companies in the A. C. & F. group.—V. 159, p. 441.
whether control, of
R, Young,
determine
investigation into legality of Alleghany Corp.'s alleged control
Chesapeake & Ohio Ry. and affiliated reads was authorized Feb. 8
'•!
by Robert R. Young, Chairman of the Alleghany Board:
*
"Alleghany Corp. acquired its interest in the Chesapeake and Ohio
; .in Feb,, 1929, when it. acquired indirect control of over 50% of the.
outsf-anding nommori stock- of Chesapeake and Ohio.
"Control of the Pere Marquette by the Chesapeake and Ohio was
authorized by the .Interstate Commerce Commission April 2,
1929.
Thereupon the Chesapeake and Ohio acquired 48% of Pere Marquette
stock and has since exercised some measure of supervision and con¬
"
Dividend—
dividend of 20 cents per share has been
Noah
.
ing an
.
Highlights from the operating items were given as: Underwriting
profit for the Agricultural $434,230, for the Empire State $79,757; in-? •
come
from investments for the Agricultural $551,120, for the Empire
of the. year.—V., 158,
each quarter
Aluminum Goods Mfg. Co.—20-Cent
and Allan P. Kirby,
Chairman of Alleghany Board, Issues
Young,
The
to
acquired
MarCom¬
son-in-law of F. W. Woolreputed financier of Alleghany, in violation of Section 5 of
of its board,
Interstate Commerce
the
%
share
per
declared on the common
stock, no par value, payable April 1 to holders of record March 17;
Distributions during 1943 were as follows: - April 1, July l and Oct. 1,
20 cents, and Dec. 10, 40 cents.—V. 157, p. 2208.
'
.'.'v/:'•'%• :.
Corp.,
Chesa¬
peake & Ohio Ry,, New York, Chicago &: St. Louis RR, and Pere
quette Ry., should come -under the jurisdiction of the Interstate
merce Commission, was ordered Feb. 8 by the agpncy%:'%/%A:;%,'/
,
cents
2150.
p.
Rail Holding Company—
investigation
An
50
of
payment
Status—Inquiry to Determine If ICC Is to Get
as
The
.
Corporation's
Jurisdic¬
Investigate
To
dividend of 50 cents per share
.
A
tion Over(
a
Prior to the three-for-one stock split-up in October 1943,
paid $F per share on March 12( June 10 and Sept, 10,'
current declaration is equivalent to $1.50 per share on the
old
common
stock outstanding.
.- .;v
•... ■
Gordon W. Cameron; Treasurer, stated that it is' the company's
intention to change the practice of unequal quarterly dividends by
%
amounted to $6,363,287, or within $41,773 of 1942, However, some non-recurring debit items entered into this figure so that
we actually had a
very comfortable increase on this class from Agency
sources.
In
a
number of states, rates, especially on the dwelling
class, have been reduced.
There has also been a decided broadening
of forms to include extra
coverage at- little or no additional cost.
Our loss ratio on the class is 48.2%, some 11 points higher than in
1942. which was an especially favorable year.1 There is no doubt a
war factor in this increase—plant production
has been crowded to the
utmost, labor turnover has been large and material replacement dif¬
ficult."
''
:'■■■
v ''.' %
4 %
The consolidated investment portfolio is divided 55% in bonds, 19% .
In preferred stock, and 26%
in common stock.
The current return '
on invested assets for 1943 was
3.82% with an actual yield of 3.56%.
64Vf of the bonds are invested in United States Treasury and 11% in
declared
company
1943.
680;
4
year.
the
•
Feb.
on
present outstanding common stock, payable March 10 to holders
Feb. 19.
This compares with $1 per share paid on Dec. 10,
the
record
last
.
.
companies
directors
The
of
Capital Flotations for January.!
;
674
Stock and Bond Issues Listed on New York
sources
Co., Inc., offered as a
on
of
Transactions N. Y. Curb Exchange
loss on this'class in
both companies from
;
of Federal
of Member Banks
Federal Reserve System
—
Transactions N. Y. Stock Exchange
installments,,
in multiples
The best and most advan¬
tageous bid received was that ..of Harris, Hall & Co. who offered to
purchase $3,675,000 of certificates at 99.321, the certificates to be
payable in 10 annual installments and to bear dividends at the rate
of 2'4% per annum.
This bid has been accepted.
The annual cost
to the applicant on this basis will be approximately 2.39.—-V,'159;
bidder
&
681
#■
of
more
Va of 1%; to be borne by the certificates.
p.
—676
672 %
Statement
Condition
members of American
to
equal annual installments and in 15 equal annual
to designate in each case the rate of dividend,
10
the
688
Notices.676
Clearings
were sent'"to 21
submit bids for one or
certificates
requested
of
V
—671
Foreign Exchange Rates
Combined Condition Statement
amounted to $1,840,353, which is $1,565,837 less- than in
1942, bringing us back to the normal period before the war.
Our
overall marine loss ratio is 52.5%, about half what it was last year."
Auto premiums for both companies declined By reason of the can¬
cellation of some unprofitable accounts and a natural decline; result¬
ing from wartime restrictions.
The loss ratio of 56.3% on automobile
business was influenced by the high cost of repairs in both labor and.
materials.
'■%
';.v: '
"Our fire and allied line premiums from all sources and for both
all
;
—
The Course of Bank
was
<
'■
financial
i
,
proposals,' to
.
Redemption Calls & Sinking Fund
Dividends Declared and Payable.—
War Risk Syndicate are still getting a share of the cargo
and while the volume, is only, about one-third of that Written:
sea and air protection have so improved conditions that the
profit in 1943 goes far in recouping the heavy
previous year."
Our marine premiums for
———668
Exchange
—-1:
669
Exchange
669
Exchange—Curb Section——670
the
for
bidder
The
to be sold .at
the procurement of
and
V
,
wit,, $3,920,000 of: certificates payable serially in
10 equal annual, installments, a like amount payable in 15 equal annual installments, and $3,675,000 of certificates also payable serially
Municipal Financing In January.—
1942.
the
„
houses.
lour
State and City Bond
business
in
%
Corporation and Investment News.633
Offerings and Sales.—683
General
and
equipment.
Invitations': to bid
Miscellaneous Features |
an
stockholders'
Feb.
obligation and
2
certain
r.
Over-the-Counter Markets
with inter-company
all-time high, were announced at the 91st
the Agricultural Insurance Co. held
2, 1944.
'
'
W. - '
In his report to the stockholders, President Harvey R. Waite com¬
mented on the increase in surplus and the decline in premium volume.:
He
said, "While we are this year showing an increase in surplus
for thy Agricultural and for the Empire State, and this after, setting,
up a reserve for contingencies of
$100,000 and $50,000 respectively,
our premium
volume has suffered a decline of $1,893,038 for both
companies. However, 83%: of this represents marine premiums on war
hazards taken over by Government agencies and reflects our Govern¬
ment's entry in 1942 into that branch of our business by taking over
the entire war hazards on hulls and a little later including much of
eliminated,
holdings
Stock
Authorized
authorized the company to assume
Feb.
on
Savings Bank, of Chicago, as trustee,;
accrued dividends, in connection with
&
99.321
Stock Exchange
Montreal
Toronto
Exchange.—
Stock
Stock Exchange.
Louis
1944i
Trust
'
in respect of not exceeding $3,675,000 (first equipment trust,
2equipment trust certificates, to be issued by the Harris
liability
—_667
668
,——668
668
—
Philadelphia Stock ExchangeSt.
The ICC
oi'
:
v^. \ v:
RR.—Equipment Trust Certificates
Alton
•
will be used to retire $15,000,000 debentures
and to provide funds for post-war reconversion.
ls; understood,
it
September, 1952,
158, p. 2357.
—V.
■
—667
Angeles Stock Exchange-
Pittburgh
due
—
Detroit Stock Exchange—
Los
offered
ceeds,
__666 %
668
Exchange—-667
Stock Exchange
Cincinnati Stock Exchange
Chicago
it is said, plans to issue between $25,000,000 and
cumulative preferred stock.
It is expected the shares will
to commmon stockholders around the end of March.
Pro¬
company,
$30,000,000
be
Preferred Issue—
Mfg. Co.—Plans
Allis-Chalmers
Page
Stock Exchange (Stocks)
New York
re-elected at the
8. At the meet¬
meetings, all of¬
;
re-elected.
'.
•"
promotions were made in
Quotations
The
the Aetna Casualty &
and the Automobile Insurance Co. were
companies held on Feb.
directors immediately following the annual
desire
our
,
the Aetna Life Insurance Co.,
annual meetings of the three
ing of the
through
Issue
Stock and Bond
Six New Officers Elected—
The directors of
This
sion
V.
-
cherished plan for realizing operating economies and efficiencies
a consolidation with Nickel
Plate and Pere Marquette.
It is
to seek a clarification of these matters with the Commis¬
as scon as possible,"—V. 159, p. 545.
long
Brainard, President, on Feb. 7 announced that the com¬
purchased $66,500,000 in United States Government bonds
as its
part in the Fourth War Lean Drive.'
This brings the total of
'Government bonds held by the Aetna Life Affiliated Companies , to
for Al¬
and Ohio, and by per¬
All'have reached the
this situation involves no acquisition of con¬
studied by counsel
has been
Act
Commerce
Interstate
unanimous
Morgan B.
than
passage.
"The
leghany Corp., by counsel for the Chesapeake
sonal counsel for Messrs. Young and Kirby.
Is a position
said the plan's approval has placed it
company
pay
vide
its
•
*
debentures.
Act
"The
Feb.
on
a
terstate Commerce
Youngstown RR., above—V. 159, p. 545.
pany'had
more
Copy
a
MISCELLANEOUS
-
% before
,
Cohit; Inc.—Merger, Etc.—
3 approved a proposed recapitalization
plan and merger of the company and its subsidiary, Society Brand
Corp.
The plan eliminates the 7% preferred stock, on which there
were accumulated
upaid dividends of $79.92 a share on Oct. 31, 1943,
by issuing in exchange for each such share $10 in cash and $140 of
stockholders
The
total
$36,500 of first moregage sinking fund V/zVc bonds due Oct. 1, 1955,
102 and interest.
Payment will be made at any branch in Canada
The Royal Bank of Canada—V, 158, p. 2039.
!%%!'•%;...
called
been
have
Proper¬
Alfred Decker &
$3.41
in¬
159,
provision for renegotiation and
tOn 755,456 common shares.—V.
v " ' 4%;
A'
.•%
'•
•■■*■•
Refining Co.—Bonds Called—
Acadia Sugar
There
4
!
share—-
common
INSURANCE
-
.
Canton &
Akron
See
2,683,604
,
charges
and
come
$28,132,564
_
tEarnings per
n
ties Transferred—
Ended Nov. 30> 1043
,*
sales
Net
INDUSTRIAL
-
Canton & Youngstown Ry.*—-Title to
!* '•'
Akron,
Abbott Laboratories—Earnings—
Earnings for 11 Months
Cents
CwpWaftixmand Inyeslmeiif News
General
RAILROAD
Office
Rat.
York, N. Yv, Monday, February 14, 1944
New
Number 4255
S.
$35,447; securities owned,
$1,944; miscellaneous accounts
in banks,
receivable,
—.
$113,236
121,259
Sheet, Dec. 31, 1943
$883,200: accrued
receivable, $2,336;
V.
,:v:
,1'1
(less
fixtures
and
furniture
reserve for depreciation of $882),
total, $924,302.-
ceedings argued today.
Discussing the payments
Mr. Kaufman said:'
accrued Federal income taxes, $2,600; reserve
for Federal income tax on unrealized appreciation of securities owned,
$15,100; common stock (par $10), $6,782;' capital surplus (less divi- ■
dends on common stock of $45,808 charged thereto in prior years),
$602,660; earned surplus (before excess of market or fair value over
cost of securities owned), $18,636; excess of market or fair value over
cost of securities owned
(less provision for Federal income taxes),
$15,100;- total, $924,302.-—V. 158, p. 2574.
„
" i 1
(general ), $1,511;
"The
1943,
31,
Dec.
at
assets
net
.
•
#
..
'
1943
.....
SilerS
Total income
Interest
Charles
1942
ss.sei
at
Total
For
Adjustment of reserve
Machinery Co.
1
/
■.Assets—
■•■!
■
:
.
subsequent, to Dec. 31,
$683.48
Jan,.. 1,
to
1933
bonds
$7,219,061
1943
..
1942...,
.
311,511
1,118,695
2,000.000
38.410
10,620
211,729
interest due Jan. l).._x..
securities (at CQSt)______
Dividends receivable; and interest accrued.
Accounts receivable
Investment in Allied Machinery Co.
...—
Government
_—
Total
'■
1,448, <73
1,599,993
41,971
-10,779
.
taxes--
218,295
*-v ■■
Common
6., fo
'
A dividend -of
stock
last
10 cents
158,
as
ended Feb. 4,
V.
8.8%
or
159,
p.
tion
.
the
above
production
and
filed
the
in
Net
from
iry.
•."Gross
stock
($10
from
$592,595
$392;567
$319,795
73,128
!>118,673
51.169
19.635
*84,196
"8,145
*872
7,211,296
6,035,089
4,662,498
3,455,361
railwayi.—1,916,1'33
1,297,319
1,006,292
1,305,752
543,948
305,611
213,791
*225,959
railway
& West Point
from
from
Net-
ry.
.3,620,300
ency
no
facilities.
par
_
iAfter deduction of
of
instituted
159,
5
further
this
petition
in
Int.
opinion
202,137
filed in December,
1941, and Mr.
for
for
'1
stock should be made to either
112 St. James St., Montreal, Quebec. CanadaJ
Canada,
St.]
302 Bay
co-transfer agent.
Payment for shares
in 'full with the subscription.—V. 1&8J
made
be
must
of 20 cents per share has
dividend
A
Shard
July
in
V.
been declared on the common
payable March 6 to holders of record Feb. 18.
Pay-J
were
as
follows:
March 1, 10 cents; May 31 ahen
each; Sept. .1, 10 cents, and; Dec. 3, 15 cents.—
stock, par $1,
ments
1943
cents
1934.
20
29,
158, p.
J
B/G Foods, Inc.—Officials Elected—
been
Vice-President.—V,
named
152,
>
p.
1905.
Black & Decker Manufacturing Co.
v
sales
fNet
1942
1941
$4,703,845
$3,185,0601
214,954
$0.55
profit
share_
■(•Earnings per common
'After
Federal
depreciation.
3.35,211
$l.0l|
*
etc.
taxes,
tOli
Off 0.8%—
1944
$2,777,352
159,
.
foreign income
159, o. 3.
and
stock.—-V,
389,263 shares of capital
(& Subs.) —Earns
1943
$5,372,803
359,812
$0.92
31—
Ended Dec.
Quarters
Net
|
hfis]
been elected President and W. L. Nichols
Charters has
John -N.
;
Decrease
1943
$2,799,242
$21,89^1
210.
p.
Borden Co.—Changes in PersonnelFrancis
Elliott
R.
farm
Executive
made
been
has
division of
products
the
Borden
Vice-President
Company
thel
of
Chested
and
Buckley hasV been: made (a Vice-President, it was announced on
Feb, 4 by Joseph O. Eastlacki;President of^ that; unity—V. 159, p. 547.1
Boston Elevated
that: the
proportion to the amounts which they have been assessed,
trustees also made known that the railway had paid
rental has been met by the City, of Boston
paid by the Commonwealth and assessed
and towns served, including: Boston.
According to the report, 418.203.633 passengers (a new all-tin^
high) were carried in 1943. which was 47,938,392 more than in 1942
and 37,186,295 more than in 1917, the railway's previous high year:;
The report
states that 58,240,174 miles of service were operated i
1943, which was 4,435,712 miles greater than in 1942 and the highest:
yearly mileage since the. beginning of public control.
■
Comparing passenger traffic before and since the war, the trusteed
point out that 123,753,005 more passengers were carried in 1943 than
Coach
Co.)
of
and
balance
the
all
upon
ill
1943—12 Mos.—1942
$2,059,926 $25,048,877 S?0;769,jp,29
1,463,452
18,249,817
15,378,316
359,135
4,409,833
'3,703,560
$237,339
$2,389,227
1940.
has
been
cities
increase
an
cities
42%.
of
,
$1,301,191 paid to the Commonwealth for distribution among
and towns served,
the trustees state that $1,159,474 re¬
.
The
6,575
51,836
for
31,
$2,441,063
$1,708,737
6,030
46,450
-
76,259
(
$112,473
cost-of-service
past
make known that
trustees
deficits.
they have authorized the filing of a
the unpaid deficits for the 12 months ende
1941 and for the nine months ended Dec. 31, 1941.
The
of
recovery
that
say
claims
the
at
last session of the Legislature an act was.
time Within which petitions founded/
against
1942
Total operating revenues
'Total operating expenses
$33,230,392t$37,574,7B(
assignable to operations.
l\
*$121,647
»,
>
'''
^
j
,
,*
1
\
accel¬
1,694,905
*
'
i
$9,874,068
Gross income
"Deductions
$62,473
;(
$9,425,835'
(
22,228
!
•
600,000
:
2,948.781
4>' '!
'(•
$237,884
$172,990
from
gross
$9,896,296
.
income___
8,040,443
*$121,647
tFor special war reserves, including accelerated depreciation
authorized
as
by the board of directors Dec. 21,
1943.—V. 159,
p.
2.
Operating profit for year.
Pro!it
and
Excess
Balfour
Building,
Dividends—
San
Inc.,
Francisco—Taxability, of
$1,589,56'?
of
The
have
.
board
of
stated,
4,
informed
directors,
in
in substance:
us
that
circular
a
"Price,
because of
war
letter
to
the
stockholders
Waterhouse & Co.,
conditions
under which
take up the work of examining our accounts for 1943 until
the
the
War
later in
but will do so as soon as possible under the circumstances.'
meanwhile, however, Price, Waterhouse &, Co. have made a
computation, based en book figures, of the taxable portion of dividends
year,
the
"In
paid
by
quoted
this
from
corporation during the year
their report on this subject:
'"Dividends
the
year
and
of
our
$4
per
income
Governor
share,
1943.
.The
31,
of
service,
excl.
:
Sq. rentals
income
of
cost
16,034
:
\
$924,204
over.
cost
of
service—12
$1,605,601
months
I942____r._—
924,204
Excess of income ever cost of service since Dec.1 31,
Deductions: •
: (('.;;:
■
following
Governor Sq.
Amount
;
I
Amount
rental
payable
Governor
$2,529,80f4
'■"
s
1941.
:
.
Sq.
228,614
Commonwealth for one-half of past
(1933-1942
;i
to Commonwealth from reserve fund,
to
rentals
payable
1943, in partial reimbursement of-deficit
L .( Dec. 31,
ments
—
1
pay-'
:
'
141,716
•
_____
159,4751
is
Reserve
aggregating
computations show
Dec.
over
*931,649
on
accountants,
Manpower Commission requires that preference be given to Govern¬
ment agencies and clients engaged in war work, they will be unable
to
cf
$1,855,853
(net)____i
loss items
Add—Excess
A
ended
Feb.
78,951
$9,504,786
7,915.219
■
"Loss.
v.
700,000
provision
Balance
$12 374,616'
$11,568,973
Operating income
Ncn-operating income
50,000
25,200,164 J
21,661,419:
____________________
Operating income before taxes...
1,762,141.
war
deprec.l
tAdditional
1943
68,242
•
921,623
$1,472,990
$237,884
|
Statement of Ineome and Cost of Service
Years End. Dec. 31—
'
(incl.
of
the Commonwealth might be brought.
Because
of the three-year period limitation provided by this statute will shortly
expire, the trustees say that they have deemed it necessary to authorize
the filing of
such a petition "in order that the rights of all the
parties involved might be protected and: adjudicated."
A.
20,784
$243,914
debs._
A
one-half of all past Governor Square
partially reimbursed the Commonweal:^
for
rentals and $141,716
account
on
Commonwealth
the
Extension
$1,687,953
3,871
special
reserves
erated
the
of
Of the
the
upon
5,612
income
for.
this; annual
one-half
Taxes
Net
$223,614
the City of Boston for the 1943 Governor Square Extension rental-,
which the railway: has not been obligated to pay since the completion
of this extension in 1932 because of insufficient income.
In the past,
trustees
$186,991
___
income-
series
of
trustees
public
passed limiting to three years the
1943—Month—1942
charges
on
Ry.—Pays Cities $1,301,191—
this company In their annual report fiJcH
Commonwealth of Mass, Jan. 31, announced
railway, had paid to the Commonwealth of Massachusetts
$1,301,191 for distribution to the cities and towns in the areas served
The
with the Legislature of the
11,114
292,324
Prey,
■:
an
324,293
612,244
$2,075,597
1,596,283
expenses
Non-operating
against
and on action against the company was pending in Manton's
court, which decided in favor of the concern.
. ,
In 1940 Mr. Kaufman asked the Court of Chancery to vacate its
decree of 1933 and reopen the case, in the light of the information
made
available the year before.
Vice Chancellor Charles M. Egan,
to
case
the .additional
for
Ontario,
petition
revenues
Operating income
;
Co.,
denied
1,927,173
670,694
$192,603
*
In
agent, or the Toronto Share Transfer Co., Ltd.,
imbursed
2,491,044
1,679,715
2.
Taxes
the New Jersey Court of Chancery
states:
p.
Period End. Dec. 31—
$1,269,735
$1.07
(;.(HLy
•■
Samuel
Kaufman
of' Newark,
representing a minority group of
stockholders, contended that when the chancery decree was tfled neither
the court nor the stockholders as a whole'knew that the company
had paid about $520,000 to Richard Reid Rogers of New York, one
of the complaining stockholders,
and had paid. Henry F. Holthusen,
counsel for another group of stockholders, $70,000 at the same time.
It was not until six years later,, in 1-939, Mr. Kaufman contended,
that the public learned of these payments through court proceedings,
which he said were an outgrowth of the prosecution and conviction
of former Judge Martin T. Mamon of the United States Circuit Court
of Appeals on a charge of conspiracy to obstruct justice.
United States Attorney John T. Cahill, charged at the same time
that Attorney Louis S. Levy, later disbarred from Federal Courts, find
his former associate, Paul M. Halm, had concealed a, loan of $2?0;P90,
largely for Manton's benefit and made to a business associate of.
Manton.
Hahn then was a Vice-President of the American Tobacco
Feb.
( 696
Baltimore Transit Co.—Earnings—
Operatmg
Operating
dismissing in 1933 a
the company by stockholders who objected to
an
officers' stock allotment plan was challenged Feb. 4 in the State
Court of Errors and Appeals ac Trenton, N, J.
The New York "Times"
decree
;
4,000,671
(Including Baltimore
after provision for renego¬
and amortization of emerg¬
Attacked—
Warrants
multiple of seven,
for a fraction of a
.
railway—_
5,278.915
railway
2,192,096
cper. income,465,601
i
American -Tobacco Co.—Decree
A
20,033
from
Fixed
suit
35,164
poster credit.§On 1,187,496 *
shares.--V. 159, p. 209.
a
be given the right to subscribe
amount of his fraction.
the
o'
2247.
March
$3,546,900
depreciation
44,060
26,364
$17,203,347
49,516
tAfter
1940
$135,053
16,533
income___
4,939,551
contracts,
1941.
$232.?8'3
.197,871
from
Net ry.
93,450
of
1942
$423,791
114,434
railway—
From Jan. 1—-
4,323,585
tiation
RR.—Earnings-
1943
$459,566
railway___
oper.
Gross
.
1—
1941
$683,235
$0.57
held
to
34,093
oper.
ry,
Net
2,223,325
minority interest.. :;'v3,330
inc. and excess profits taxes
tl,555.200
$664,795
$0.56
shall
shares
seven
The right to subscribe
The
RR.—Earnings1940
income
Atlanta
Subs.)—Earnings-
returns and allowances
of company has been scheduled for
San Francisco office Feb. 21.—V. 158,
1941
December—
and
discounts,
each
Beau Brummell Ties, Inc.—To Pay 20 Cents Per
ago.—
$641,364
railway
Jan.
Gross
Total income
After
year
1942
income
"Deficit,—V. 159, p. 106.
4,907,885.;
•*
a
pari
railwayHLL--" *
Net from
Net
4,250,187
profit
'
{(Earnings per common share.—•
units
133,141,889
1943
oper.
From
2,203,313
Net
Corp. report for the week
Act
Commission's
"Deficit.—V.
Fed.
"
.
on March 15, 1944.
will not; be issued.
shares
Month of January—
Exchange Commission Feb. 2 announced that an
the San Francisco Stock Exchange under the
of 1934, to strike from listing and registra¬
by
Exchange
Het from
Net
Charges
of
2358.
Gross
139 -'$21,217,517
7 V
J-»,
,
subscribed
in
there will be a considerable demand" for
the years immediately following the war,.
pointing out that 70'* of all locomotives are 20 years old or more.
Foreign demand will be largely fcr steam locomotives, he predicted,
but "in the United States we expect that the Diesel locomotive will
occupy an increasingly important position."—V. 159, p. 209.
■
' 1
.
transfer
This is an increase of 11,707,948
of
Atlanta Birmingham & Coast
Co.—Outlook—
.-—.."
'i
reserve
Subscriptions
Borden
common
hearing
p.
company "anticipates that
locomotives of all types in
J
rate
the
at
.Associated' instance Fuiidi^Tnc.—Delisting Hearing—
company built more Diesel railroad locomotives last year than
other company in the world, and output is expected to continue
at a high rate in 1944, Duncan W. Fraker. President, said on Feb. 3.
Moreover, production in the current year will also include hundreds
of steam locomotives as the- company's share of the War Production
Board's program calling for over 3,000 locomotives, It was stated,-.
Mr. Frazer revealed that 10 4.000-hcrsepower Diesel electrics have
been delivered to the New York New Haven & Hartford out of an
order of 20, the remainder to be completed this year.,
-.Discussing
the post-war outlook for motive power, he said .the
-
months
six
the
546.,
The Securities
The
profit
r
F.
any
tOperating
with
2,531,186
1942
r
1944, net electric output of the Associated Gas & Electric
7,219,Q61
Co.—10-Cent Div.—
1943
'
the, right to make such disposition as they
deem advisable cf shares not taken up and paid for under tbisi
—V.
units,
15 to holders of record Jan, 27
Pay¬
follows: - Feb. 15, May 15 and Aug. 16,
155, p. 692.
American Steel Foundries (&
'
1 r
any
Sales
& Electric
Group was 144,849.837 units (kwh.i.
has been declared on the common
Quarters Ended Dec. 31—
l'v''
1944.
Bond Stores, Inc.—January Sales
December—
Sales
interest,
1-000,000
each, and Nov. 17, 17'/'a cents.— V.
American Locomotive
i
lor
sta.'e
business
of
by
General Trust of Canada,
,
452.
p.
trustees of Associated Gas
application
were
year
Maximum
8,938,000
payable Feb.
$10,
par
ments
1942.
30,
-
10 cents per share
compared
as
2,531,186
Investment Securities
"t'.i
lncreasihg the
new
regardless of
directors
offering.
approximately 62.63% were
lWhen the co-trustee accepted
or
Securities
American
of
dose
shareholder
such
The
>245,795
:
one
shares held
share
Associated Gas & Electric Co.—Weekly Output—
l
of
fractions
for
of
whole
amount:
principal
total
•
shareholder is net
then instead of being given the right to subscribe
p.
accepted for retirements within the past 12 months exceed
principal amount of all bonds retired during the. preceding nine
total
$19,197,981 $19,970,791
1726.
$38,861,
1.000,000
7,473,898
____—.....
—
Total'
158*7.
the
at
subscribe
•
5%
per
annum,
has been paid to bondholders during the past year and suf¬
ficient funds accumulated to retire $92,600 par value of bonds.
Bonds
'
—V.
expires
number
Toronto,
the
of
'
will "vote
,
bass
the
on
"
retirement
7,938,000
par).______
Earned surplus
Capital surplus
for
'
•
(Quebec) Ltd.—To Increase Canj
record at the close of business on Feb. 25,
was on
the"
011
increased
Nov.
years.—V.
1
due Jan.
However,
purchased
sold
are
ended
~
debentures, due Jan. 1, 1949
stock (1,000,000 shares, no
15Vz %
share
may
retirement six months ago the highest price paid was 60 V2,
per
$1,000 bond.]
Bondholders who tender bonds to the
fund are permitted to retain their stock interest in. the com¬
as represented
by their participating certificates, whereas when
amortization
216,184
payable:
putch.^1
for
T?psp-TVP1
stockholders
The
ordinary market the price usually includes the:
bonds afid the participating certificates.
The earnings of the company during the six months ended Nov. 30,
1943 were higher than for any six-month period since its organization.
In fact,
the operating pi'ofit before bond interest, depreciation and
'
Liabilities—
be
l'
,
authorized
to 6,100,000 shares of tire
same
par value.
Subject to the due issue cf supplementary letters
patent granting such increase, and subject also to the approval 0
the Foreign Exchange Control Board, the company is offering 714,28(>
shares out of the 1,000,000 new shares to its shareholders at $1.50 per
for
pany
$19,197,981 $19,970,791
—-
bond.
$1,000
per
retired
interest
>'
( The
follows:
as
$239,461,367,
Billings'from Oct, 1 'tc,
,
:.(V,
with: $275,494,449" oh Oct. 1,J last.
$37,065,795,—V. 158, p. 2463.
were
capital stock -from 5,000,000 shares, par $1,
sinking
bonds
values as of that date.)..
Debenture
31
$605
or
(at
assigned
substance
VLi'V;
}talization—Rights to. Stockholders—
subsidiary
you were advised that the sum of $33,878
cotrustee available for thd retirement of bonds.
wi
percentages
Unbilled contracts on hand at the year-end amounted to
Beattie Gold Mines
1943,
final
the
^
Corp.—Backlog Off— %'
Works
Iron
compared
(Arcady Apartment Hotel),.Los
accepted at 70 or $700 per $1,000 bond.
$15,507,015 $16,187,683
prior
acquired
Accounts
new
tnat
-'materials.
response
of $49,500
bonds- to
of
1932
(incl. debenture
Cash
Cr7,294
$7,478,898
—
.
or
President of the
anticipate
not
during the fourth quarter of 1943 it received no new contracts for1 war
of our request for tenders, bonds in .the principal
wore .accepted by the cotrustee for retirement on
Jan.
13.
1944 at a total price of $33,832,
The average price paid
by the cotrustee for these (bonds was slightly more, than 6814, or
Comparative Balance Sheet, Dec. 31
1
cost)
(at
market
Bath
546.
p.
said. in
31,
with the
In ' the
5Q.000
Securities acquired
Securities
159,
1934,
amount
500,000
at end of year
Earned surplus
hand
•
„
tt4,455
-—
Dividends
;'
•
'
1,
On Dec.
$7,211,767
$8,033,353
investment in Allied
Nov.
4,201
4,3(5
<.
redemption of debentures......
on
14b,7jy
..
_______
-—
_
Premium paid
named
to
reason
no
is
v
The'corporation has reported^ to the New York Stock Exchange tha
Dec.
>i V
Eric C. Pepys, Secretary,'Jan. 28, in a letter to holders of income
"mortgage sinking- fund: bonds, dated June 1, 1934, ;and holders of
participating certificates representing the capital stock of the com¬
pany,
deposited pursuant to a voting trust agreement dated as of
$332,961
6,723,490
$269,092
7,219,061
545,200
'
—
acquired, for treasury^:,-.—..--.
Adjustment of prior years' taxes
.
has been
have
which
the following dates.
stockholders in their tax returns should report a
'dividends' cniy the $3.5288 per share and should treat the balaim
of 47.12 cents per share as return of capital.''—V. 158, p. 1030.
Angeles, Calif .—-Purchases $49,500 of Bonds—
_______
tures
,
1943.—V.
of
S'nnn
460'c,m
income tax
beginning of year
.....
Net profit on sales of securities
__________
Excess of face value over cost of 5V2% deben;
D'Olive
Arcady-Wilshire Co.
—
surplus
Balance
R.
surplus,
"Accordingly,
442.
p.
capital
from
and Nov. 30, 11.78 cents each.
materially from .those given above.'
vary
output of the electric properties of this company for the
week
ending Feb.' 5, 1944 totaled 84,998,000 kwh., an increase of
6.13%
over
the output of 80,090,200
kwh. for corresponding week
$935,772
a"
—
income
Net
159,
paid
as
dividend to stockholders, was paid on
a
share,
Provision for Federal
•
"
'.The, corporation on Feb;. 3 announced the purchase of the Frederick
Hart & Co., Inc., of nearby Arlington, N. J., according to Associated
dispatches.
and other expenses
debentures.
on
the settlement."—V.
shown
amount
as
27, May 29," Aug. 31,
".'We
.<
___
Total operating
.
of
value
Feb.
induce
to succeed Frederick H.--M. Hart, who will remain as Vice-President in
charge of research and development.-—V. 159, p. 546.
,
,
.
taxable
.
to
American Water Works & Electric Co., Inc.—Output-
$823,636
1
>
Sends
Div
;
■
Power
5B,269
Income'
•-
made
Press
31
Account, Years Ended Dec.
Income
-.
were
-
<
-
payments
'The
32(4 .
during the year of $4,739,189, or,
increase
the
*
"
be applied as follows:
To- earned surplus, 88.22%, or $3.52g
share, and to capita] surplus, 11.78%, or. 47.12 cents per share,
i
;f per
American Type Founders, Inc.—Acquisition—
of debentures outstanding at Dec. 31, 1943.
During the year corporation disbursed $500,000 in dividends.
Giving
effect to
the redemption of debentures, interest on debentures and
the distribution of dividends, the net assets of corporation showed a
gross
minimum
the
$7,938,000
leaving
105
'
that
'•
"> "t
Monday; February 14, 194
Holthusen,'
counsel for
: the
tobacco company.
The fee paid to Mr.- Rogers, he said, Was not
only for his work • in Connection with the New Jersey proceedings but
also for his work in connection with litigation instituted in New York
against " the same company and was part of- the-settlement of-"all
( the suits, pending.1'
v
*
V
Mr. Rogers,' Mr. Stryker added, refused to consent to dismissal of
his case in Chancery Court until the company had changed its stock
allotment and bonus plan drastically.
Estimates of the saving made
in company funds by
the change, Mr. Stryker asserted, ranged from
$6,000,000 - to $30,000,000 and Mr.: Rogers'" fee was7 "less -than 10 '■'<.■ of
Corp.—Annual Report—
amounted to $19,436,069, which is
amount of outstanding debentures.
at face value, * these net assets at
Dec, 31. 1943, amounted to $11,49 per share of common stock, which
compares with $7.76 per share at Dec. 31, 1942.
As of Jan. 25, 1944,
the net asset value, similarly calculated, was $11.86 per share.
There
was no
change during the year in the amount of outstanding capital
stock, namely, 1,000.000 shares.
- .
^
' ■
On June 5
1943, corporation redeemed $1,000,000 of debentures at
The
Mr,
and Holthusen to consent to the dismissal."
was denied
by Josiah Stryker of Newark, one.of
This
equivalent, to 245 % of the principal
After provision for the debentures
1
to
"*
is
inference
proper
Rogers
:
American International
.((V-r /%<■■' v;r
Rogers and Mr.
•
made
,-l':
•
should
the Errors Court in the pro¬
to
.
$4,030; accrued
payable and -accrued expenses,
Liabilities—Accounts
taxes
from his decision
appealed
Kaufman
$798;
''
-V
FINANCIAL CHRONICLE
THE COMMERCIAL &
deferred charges, etc., $577;
..
$56,644, were paid during
tentatively that these dividends
Public
*
Debit.
Fund,
as
Control
of
Dec.
31,
1943,
as
provided
Act
tHighest in the' company's history
__L~
for by
$1
V." 159~~p~443,
,000,000'
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
f'Boston Fund,
exchange rates.
Inc.-—New Director—
director.—V.
a
158,
Co.—Earnings—
1943
PJpntal
account
Other
1940
$741,797
$642,335
$633,310
in
615,157
treasury
and
1942
1941.—V.
Bad
3,429
$749,038
68,896
71,808
<,
69.846.
-.
485
552
39,528
38,519
607
■'
578
200,341
561
& int. acct.
accts.,
off
505
Other
5,178
renewals
Res.
&
for
obsoies.
Fe.d
and
.
/•-
fund
Total income
$268,949
i
'v // / '■
- mm
,'in
,n | ill
<+;
tioO
201,375
Balance
90,000
105,000
120,000
,60,000
$24,655
$92,214
$10,815
$3.53
$1.18
$2,16
Dr8,152
■
'
Dr6,281
Cr38,863
Cr48,680
$60,922
159,
$129,640
-
-
(Expressed
-
Years End.
Combined
Divs.
security taxes:accrued and taxes withheld, $2,816;
State taxes, $84,200; portion of mortgage note
interest accrued, $4,813; rents and
fefxes
insurance recovery unused, $21,843;
portion of mortgage note due 1945-1951, $470,000; capital stock (60,000
shares, $100 par), $6,000,000; surplus, -$350,965; total, $7,030,706.-—'
y. 157, p. 1939.
1
'
Net
Sept. 30—
from
rec.
earned
operating permit,
cover¬
Mexican corporation -to testimony by .Charles.
Inc.; in a hearing before
on Jan. 25.
new
.
Mexican corporation
Laredo
'and Mexico. City via Ciuducl Victoria, between Matamoros and Tampico
via Ciudatl Victoria. - between Mexico City and Tapachula via Cuernavaca.
Cuamla and Salina Cruz, between
Mexico City and Merida,
Yucatan, via Puebla and Vera Cruz, and between Matamoros and
Merida, on' a direct trans-Gulf flight,
("Wall Street Journal.) —
443.
Bridgeport Oil Co.—To Redeem Preferred Stock—
redemption
Y,—V.
N.
1239,
p.
110 and dividends, at the Chase
York, il Bread St., New York,
1, 1944, at
City of New
the
oi
158,
call the company's preferred stock
April
on
Bank
Rational
4 voted to
Feb.
on
.
31.
Jan.'
on
1941
1940
$2,356,435
$1,443,949
70,594
34.811
Co;,
subsidiary,; was incorporated Jan. 26, 1944,
company's Acoustic Division
a
the
of
subsidiary
new
are
W.
L.
Manning
111.
J The transfer involves no change in either personnel or policy, and
Burgess-Manning Company
will continue to develop, design, and
supply all of the products formerly associated with the Acoustic
18,
Chicago
Division.—V,
157,
10
directors
of
ecutive
&
$1,505,259
Wholesale
"
"144,719
134,971
114,535
86,783
14,933
7,692
6,202
6,836
6,740
5,755
8,991
8,836
•:
..
1,968,438
1,858,344
992,874
660,223
2,086,450
2,140,000
600,000
265,000
$958,384
$70"l,886
$477,580
430,000
369,600
on
Divs,
pfd. shares
on new
?
1
292,960
Consolidated Balance Sheet,
Sept. 30,
1.021,691
RHail
•
,
...
.
$7,810,033
sales
there
while
that
be
may
an
1943
$7,293,667
924,392:
■
ed.5ji.ng here and there in civilian
will be largely a matter of availability of goods
and man-power
to . fill .and ship orders, ./Man-power, te extremely
tight at several of our wholesale locations, and in many instances,
forces considerable delay between receipt of orders and shipment of
he declared,—V. 159,
goods,
p.
210.
-
(A. Bl) Byers Co.- -Earnings—
/Net
profit
•
^Earnings per
$0.63
share
charges
all
"After
$365,070 *$1,046,843
*'$264,800
—
and
$2,41
$1.01
•
provision
for
Federal
income
fOn 264,635 shares of common stock.
negotiation.—V. 159, p. 443.
profits taxes.
$1,257,495
$3.26
and
V.
$3,367,537$1,948,347;
This
investment in and advances to partly-owned
4,496,909
sold
Adv., sell., distrib. & gen,
Cost
of
goods
1940
$5,541,692
_
4,610,811
3,228,672
2,730,816
expenses...
2,664,231
2,372,867
2,899,694
2,165,759
income
admin,
&
$1,167,847
$1,481,588
$471,566
$645,117
1,861
7,243
$1,483,449
$478,810
$648,585
3,050
124
6,104
6,884
9,354
credits
manufactured
plies: (less
and
partly
also
reserve),
relative progress
manufactured
taxes, $366,728;, stocks of
products, materials and sup¬
expenditures on,Government
contracts,
less
deducts,
'interest paid,
Prov.
for
•
(inch
etc.)-./X;
t931,436
764,982
.
Net
$409,169
Income
"Includes $45,008
cludes
Federal
provision
excess,
profits
$551,889
for Federal
tax
(less
*187,580
$285,125
160,801
$480,900
excess profits? taxes,
.tIn¬
post-war credit, $72,738 in
$57,480 in .1943), $654,640 in 1942 and $499,287 in 1943, and
Dominion of Canada income and excess profits taxes of $70,434 in
1942 and $115,575 in 1943.
1942 and
above summary includes provision for depreciation
in the respective amounts of $127,118, $148,155, $124,462, and $107,933
for the three months ended Dec. 31, 1943, 1942, 1941, and 1940.
-.I" (2)
The net income of the company's wholly-owned Canadian sub¬
sidiary, whose accounts are included in the above summary, amounts
to
approximately17.0 and 18.2'r
of the consolidated net income
.for the
three months ended Dec. 31, 1943 and 1942, respectively,
'and is
stated in U. S. dollars on the basis of Canadian official
Notes—(1)
*562.019
*268,590
*116,670
"149,448
* 1,021,061
*671,124
*486,216
*482,468
.
Earnings—
The
1944
$3,412,000
,
1943
$0,019,000
Mining Corp.—Annual Meeting—
of
meeting
stockholders
the
will
held
be
at
the
office
,
Loan
of America—Purchases
purchased. $5,000,000
has,
drive,
of
War Bonds—
war
bonds
in
the
Cnmitle Dreyfus: President, announced.—
Dr.
Central of Georgia Ry.—1944 Budget Approved—
$6,887,045;- investment in U. S. Government bonds, $440,000; cash- on
hand and with bankers,'$382,883; deferred chafges, $218,366; total/
$38,064,571.
Liabilities—Cumulative
$25
$6,950,000;
pari,.
145,000;
rolls.
bank
loans
$7,301,179;
A.
stock (365,800 shares, no par), $9,$£,502,000; accounts payable and pay¬
(secured),
provision
for
other
and
income
The
payable,
(preference stock redemptioni, $50,000;
profits taxes, $366,728; earned surplus,
refundable
$6,911,714;
Central Illinois Electric & Gas Co.—Bids
portion of excess
total, $38,064,571.
for
159,
capital
of
as
Oct.
31,
1943,
offering
$765,030.—^
Preferred Stock—
also
directors
/Gross
revenue
announced
two
General
31,
dividends
194.3,
Divs.
A^ril 1 to holders
.
Industrial
Alcohol
Ltd.
Co,,
:
"Net
(&
profit
fEarnings
"After
$0.13
$148,223
$0.12
$0.13
'
pfd.
p.
jtax]
prof,
857,600
862,000
1,217,700
,043,000
$2,070,980
$185,863
$186,255
$2,096,478
53,103
59,394
655,292
711,843
$132,761
$126,861
$1,441,186
$1,359,137
41,802
41,802
501,606
501,606
stock—
2248.
,
A,
14.—V.
purchase of an issue of $4,300,000 of first mortgage
3 lk
Will be received by the company at Room No.
,
Building, Philadelphia,
159, p. 348.
Pa.,
to
up
12
noon
(EWT),
$100,105.
Century Shares Trust—Annual Report—
$0.09
The
company
investments
reports that the net'assets
taken
at
equivalent of $27.69
per
share
market
per
payable Feb.
1,
as
at Dec.
31,
1943, with
quotations, amounted to $18,323,100, the
share,
before deducting the dividend of $0,44
1,944.
Income Account for Calendar Years
.
1943
Income
Ltd.—Earnings.
3 Mos. End. Dec. 31—
Tons
1943
milled_u.:
ore
Marketing
Profit
Admin.
costs
&
gen.
Toronto
Provision
84,050
$387,424
4,441
..
Prov.
$300,646
3,942
cash
divs.
&
1942
1941
$686,420
69,203
$616,120
$591,618
57,588
$617,217
620,871
$529,243
541,783
74,690
interest
for Fed.
normal tax & surtax
*565,116
53,127
(
' 33,750
72,128
$339,359
3,737
_
/
3,424
$335,417
X:
234,080
$382,982
257,483
187,824
''
5,720
5,376
6,887
-6,794
14,330
19,150
25,500
X
income—;
investment
Dividends
$297,222
exp.—
taxes
Net
Net
:
224,942
X
■
■ ■:
profit cn sale of securities—__
$534,030
536.257
*15,503
"Loss.
X Note-i-The. above: statement
profits
or
losses
on
16,600
office
for
1940
1941
86,243
$318,999
$315,263
Operating
; 1942
84,320
(gross)
charges
from
Expenses
does: not include
realized
or
unrealized
investments.
Balance
Sheet, Dec. 31, 1913
•
'
Oper.
profit for period
Note—In
ciation.—V.
the
above
158,
p.,
$70,270
figures
no
$76,812
$93,112
allowance- has been
made
$86,004
for depre¬
2153.
Canadian National Rys.—Official Promoted—
Evan B. Hawken has been
the/office
V.
159.
p.
of
staff
He retains
since 1940.—
appointed Assistant Secretary.
registrar,
a
position
4.
he
has
held
Assets—Investments, ( $16,274,447;
cash
in
bank,
$186,986;
accrued
dividends: receivable, $181,033; accrued interest receivable, $441;
count receivable for, investments sold, $15,677; total, $16,658,585.
$16,658,585.—V.
159,
p.
211.
(Reg. 17. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce St., New York 7, N. Y., BEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
Willihm Dana Seibert, President; William D. Riggs, Business Manager.
Published twice a week (every Thursday (general news and advertising issue) with a statistical Issue on Monday I. Other
offices: 135 S. La Salle St., Chicago 3, 111. (Telephone: State 0613), in charge of Fred H. Gray/ Western Representative; 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copyright
1944 by William B. Dana Company.
Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y„ under the Act of March 3, 3>879. Subscriptions in United States and
Possessions, $26.00 per year; in Dominion of Canada, $27.50 per year; South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain,'Continental Europe (except Spain), Asia,
Australia and Africa, $31.00 per year. NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funua.
BOBBBBS
ac¬
Liabilities—Accounts payable for shares purchased, $40,068; accounts
payable for investments: purchased, $15,550;' accrued expenses, $4,178;
accrued Federal capital stock taxes,. $656: reserve for dividend payable
Feb. 1, 1944, $291,126; capital accounts (represented by 661,650 shares
of $1 par), $16,306,348; amount available for distribution, $658; total,
The Commercial ami Financial Chronicle
on
\
,
1940
depreciation,
income, taxes, etc.
ton 1,111,916
combined no par shares of voting, and non-voting capital stock.
Income and excess profits taxes for three months 1943 totaled $261,951; against $382,532
in. the quarter, ended Nov. 30, 1942.—V. 158,
p. 2359.
'
" ,
.
the
for
series
Packard
1320
interest,'
,
,180,184
293,003
Central Ohio Light & Power Co.—Invitation for Bids
Subs.)—
1941
•
$142,348
share
per
1942
$132,775
1943
,536.000
1,176,254
291,489
-
income
158,
Feb.
'3 Mos. End. Nov. 30—
4,352,722
1.536,000
other deducts—
on
—V.
the common
on
4,727,502
j
taxes
income
Net
448,244
128,000
and
—
excess
&
1942
and the other for the
quarter ended March 31, 1944.
Both are payable on
of record March 1.
See V. 159, p. 547.
Canadian
taxes
Gross
Int.
1943—12 Most
$1,055,503 $11,611,534 $11 .044,886
128,000
deprec.
income
Federal
Co.—Earnings—
505,378
expenses
for
Federal
50-cent
of Central Illinois
stock
1943—Month—1942
$1,110,730
—
amortization
1
for the quarter ended Dec.
common
Central Illinois Light
corporation, which controls the Brazilian Portland Cement Co.,
announces that
it will call all the outstanding 1,867 shares oi
pre¬
ferred stock at 105 on April 1. next.
The original issue Was 20.000
shares.
In addition the company will pay a dividend of $2 per share;
for the quarter ending March 31.
Following redemption of the preferred the capitalization will consist
only of 73,416 shares of no par value common stock.
one
all
the
is
owns
107.
p.
Period End. Dec. 31—
This
The
Co.)
—
Ltd.—To Retire:
Foreign Investment Corp.
common
and
159,
Prov.
stock,
price
Electric
Electric & Gas
disposing of its interest in compliance with the Holding Company Act
106.
p.
competitive
bidding rule, 400,000
stock, par-value $15 per
Names of underwriters,
to the public, and spread will be tiled by post-effective
Illinois
Consolidated
Consolidated
Operating
Canadian
Commission's
the
Central
amendment.
V.
was
under
of
(Sec
ended Oct. 30, 1943, first half of the current fiscal
$32,353, after providing $95,766 for income and excess profits
working
sale
shares
share
for the six months
Net
Invited—
The company has filed an amendment with the Securities and Ex¬
change Commission to its registration statement in connection with
proposal of Consolidated Electric & Gas Co., parent company, to offer
erence stock being called in and exchanged for the present cumulative,
participating (redeemable)' preference shaies and. also; the ordinary
shares being called in and exchanged for the present ordinary shares.
As of Dec. 27, 1943, 43,297 shares of. the 77
cumulative and participat¬
ing preference-stock and 143,679 shares of the ordinary stock have not
been presented for exchange.—V, 158, p. 1527.
taxes.
due Dec. 1, 1933, on Chattanooga Division purchase
mortgage 4% Gold Bonds; due 1951, is now being paid at office
Southern National Bank, Savannah, Ga.—V. 159, p. 547.
of Citizens &
arrangement dated Dec. 1, 1942, between the company and
its shareholders resulted in the 77
cumulative and participating pref¬
was
according to an Associated Press*dispatch.
$925,802 will be spent for additions and betterment
amount,
for
interest
money
Note—An
year,
the
Interest—
$2,415,590;
taxes,
Lovett,
Of
operating expenses, $141,093
for depreciation reserve,,
and/$165,693; for salvage,
The 1944 budget, the petition said, is $282,480 above that of 1943.
,
$144,560; amount due re exchange of old preference
shares, $228,059; operating and miscellaneous reserves, $301,000; de¬
ferred credit, $31,947; sinking fund reserve, for redemption of prefer¬
ence shares, $15;
capital surplus (properties)., $716,779; capital surplus
;
B.
'
$234,032
participating preference stock (278,000 shares,
ordinary
Metal production
est; Federal &
i^Dom. of Can. inc. tax
^50,906
1,155,921
The company's; improvement budget
for 1944, amounting- to• $1,466,620, has been approved by United States District Court Judge
,
billings, $11,847,864; accounts receivable (less reserve),
Canadian Malaric Gold Mines,
income
t;
*47,883
1.400,699
3,468
$1,177,200
Income
*72,471
1,415,503
subsidiary company, $483,884; investments in other companies, at cost,
$76,000;; refundable portion of excess profits
Earnings—
1941
1940
2359.
p.
Bids
$6,599,933
1942
*24.!;;r4
,
corporation
bonds,
$8,465,266
1943
$86,068
*12,838
*119,236
547.
p.
War
159,
((Subject to re¬
$8,328,987
3 Mos. End. Dec. 31—
1941
$144,918
"36;358
159, p. 4.
annual
excess
Canada Dry Ginger Ale, Inc. (& Subs.)—Earnings—
1942
$101,415
1,318,990
income^i-
railway--./
income—
159,
of
1943-12 Mos —1942
1943— Month—1942
561,497
.
■
Perlod Ended Dec. 31-
949,691
697,790
railway.—.
Celanese "Corp.
$8,218,059
sales
merchandise,
1,161,825
earnings
Fourth
^ Looking ahead to the next few months, T. B. Freeman, president,
said
2,110,547
1,577,310
2,168,500
Days Ended Jan. 31—
Asscts-r-Lapd,, buildings, machinery and equipment (less reserve for
depreciation provided since above date of, $3,223,0431, $15,435,454;
capital expenditures re war contracts (less special depreciation thereon
-
V.
Combined
2,798,986
122,023-
19-13
President J. M. Mackie recently announced that the company's profit
1944
•
2,982,780
■
profit—$'832,241
old pfd. shares '
246,400
.Net.
Divs.
Sales-
: $6,788,342
sales
176,330
3,743,434
corporation, 206 Sansome St., San Francisco, Calil'., oh Feb.: 14,
1944, at 10 a. m.. the corporation recently announced.
Only stockholders of record on the books of the corporation at the
close. of business on Feb. 3, 1944, will be entitled to vote at the
(meeting.
X/John W. Roselcrans, Secretary, on Feb. 1 stated:
"Owing to the
closing down of mining, operations and the necessity of curtailing'
expenses, copies of the annual report are not being sent to stockholders, but will be available for inspection by stockholders at the
meeting and thereafter at the office of the corporation."—V. 157/
p. 989.
Canadiaa Converters Co., Ltd.—Earnings—
Butler Brothers, Chicago, 111.—January
Month of January—
75,519
5,133,375
the
of
ex-
committee/
:
134,344
Carson Kill Gold
$2,424,488
-
1940
///X//; ./68-
2037.
p.
122,342
6,467,429
oper.,
Traffic
6,811
$5,105,146
Depreciation
\
Pfpv. for income taxes.
"
President;
D, W. Day and R. L. Leadbctter
Vice-Presidents; J. E. Lutz, Treqsnfer; H, H. Darbo, Secretary ; E. D, Woisard, Assistant Treasurer and
Assistant Secretary.' 'Offices Will be located, at .2815 West Roscoe St.,
officers
The
$363,319
222,257
61.242
61,242
23,260
.
.
$5,053,521
offxcerst.^1.
•Legal. expenses
1.2
activities of the parent
'
1941
$468,831
127,875
Canadian Pacific Ry.—Traffic
1942
......
income
dividend
Burgess Battery Co.—New Subsidiary Organized-—
'-Burgess-Manning.
and assumed the
ry.
•—V.
(net).
.
Salaries nf
■
The routes granted provide for airlines service between Neuvo
for
from
Net
The
Total
in Mexico—
by T. E. Braniff, President of Braniff Airways, Inc.
Sub¬
ject, to approval by, the Civil Aeronautics Board, it is intended: that,
lifter. the initial organization and development period the ownership
of Aerovias Braniff will be transferred to Braniff Airways, Inc.
,
X, The directors
1942
$403,089
1943
oper.
from
Net
partly-
investments..
on
'''
1943
$559,596
191,669
(& Subs.) —Earns.
$5,011,293
$5,018,711
subsidiaries
owned
Profit
cob trolled
p.
ry.
Canadian Dollars)
in
1943
profits.
oper.
Interest-
Fees
159,
*633,533
From Jan. 1—
Gross
'
V.
"4,841
502,876
railway—
$95,969
railway——*75,754
from
•
and
a
257,768
from
Net
a
Canadian Car & Foundry Co., Ltd.
1944, $80,000; mortgage
paid in advance, $16,071;
,,Aerovias Braniff, S. A.,.Mr. Beard stated, is
*411,595
*1,251,168
railway—'
railway
i—.
"Deficit.—V.
in
The Mexican Government- has granted an
ing 2,643 miles of air routes in Mexico, to a
.known as Aerovias Braniff, S, A„ according
E, Beard, Vice-President, of. Braniff Airways,
the Civil Aeronautics Board in Washington
"567,813
*1,243,546
/
444.
p,
from
Gross
Sheet, Dec. 31, 1943
Braniff Airways, Inc.—Expansion
159,
Canadian Pacific Lines in Vermont—Earnings-
443.
p.
a special dividend of 50 cents per..share
dividend of 50 cents "per share on the common stock, par $5,
payable March 15 to holders of record Feb. 28.
This compares
with $1 per share paid on Oct. 15, last, and $1.50 on Feb. 1, 1943.
—V,'158, p. 1632.
Liabilities— Social
for Federal
1,587,358
railway--/:
Net from railway—:.—
Net ry. oper. income—
—V., 159, p. 4.
-
both
*
$1.76
2,100,022
ry. 6per, income.
From Jan. 1—
/' -.
The directors have declared
.
and
capital•' stock..'.
2,028,629
from
from
Gross
$95,393
"
California^Western States Life Insurance Co.^-Divs.—*
$70,815
$17,334
_
25,498
1,736,757
December—
$212,214
$129,655
-
"43,042
Net
surplus...
to
"Including depreciation.—V.
Assets---Cash, $164,859; U. S.^Government securities, $385,000: ac¬
receivable,, $85,308;
land,
$3,404,508;
buildings, $6,825,439;
party walls, $79,858; equipment, $5,336; reserves for depreciation and
) obsolescence,
Dr$3,951,955; prepaid items, etc., $32,352; tctal, $7,030,706.
■
CXX 91.863
Cr25,143
of bonds:
counts
clue
Net
$11,143
Sundry non-recurring gains.:
204,503
per sh. on 60,000
reserve
90,758
taxes_
(
36,150
Gross
$278,014
operating profit.
i.U-iO
96,275
*145,625
Canadian Pacific Lines in Maine—Earnings
159,358
121,963
XX
—
Drl4,227
4 051
——.
70,023
"44,163
from
"Deficit.—V.
$292,463
■„
State
and
Federal
//X/
■■
Balance
X
30,467
12,563
'••/;•-
.«
201,902
$107,334
Balance, surplus
"> 'shares
$247,546
23,514
interest
Bond
72,331
6O0
204,102
profit
-Dividends paid
•;
1942
2,715,511
income.
$154,785
47,830
1—?
railway—.
Net from railway——
Net ry. oper. income
$2,963,058
500
6,428
3y969
j
84,200
'.v\\
1943
2,478,773
State
X Net
fjarns.
4,464
8,813
■///
taxes
//:■'
'
.,
3,856
1,971
3,367*
'
Gross
$2,747,722
i
net
Net
Conv, of heating appar.
Amort, of right of way_
'Deprec.
-X':
$225,334
"77,140
:
"26,695
income--
oper.
ry.
From Jan.
-Earnings-
Subs.)
1940
$109,223
$138,757
December■
222,716
:171,45643,468 /
of
as
-Earnings-
1941
1943
Gross
Net
67,686
,
doubtful
and
(&
England
1942
December—
from railway
Net from railway--—
stock
547.
■'•Costs, operating and general expenses.
$656,716
218,931
etc., charged
p.
Canadian National Lines in New
control.
9,999
2,939
$744,736
services
repairs
and
Operating profit
accounts
&
159,
Consumers Corp,
t
-Legal
restriction
shares of $5 par
common
11,000 shares of such stock
12 Months Ended Dec. 31—
5,498
^■Advertising account
| Taxes paid
f ins, prenu
held
was
1943,
Government
issued
Revenues
13.406
103,274'
$745,006
credits^._____
Expense
1941
221
account
Total
31,
All Canadian transactions involving foreign exchange
Canadian
-
was
California
1942
.
$739,288
income
Interest
there
and
Dec.
Year End/Dec. 31—
to
There
(3)
2247.
p.
Boston Wharf
a-
subject
are
Mayo Adams Shattuck, member of Haussermann, -Davieon & Shattuck
and President of the Massachusetts Bar
Association, has been elected
...
i.
"7
■"
"7
'!■ '■
v
'
-
:
'r
'■
•
V;
■
"Li
■'
■.
'.v.
:
i 7 7; v
r
,
'
7 v/x" 7 ■:
■:■■
-
Coca-Cola International Corp.—Earnings—
■
City—Reorganization—
Cenwest Corp., N. Y.
report''on
,
.
Calendar Years—
plan of reorgani¬
zation of corporation proposed by Francis J. Quillinan, trustee, dated
Aug. 23
1943, as amended Nov. 10, 1943.
The amended plan, to¬
gether with amendments thereto suggested by other parties, was re¬
ferred to the Commission by order of the Court dated Nov. 18, 1943, for
examination and report pursuant to the provisions of Chapter X of the
Bankruptcy .Act. • :
'" 7ir>77r:77 7 "7%
• •'J;.";-'1-% 7,, - :
" i
It is the conclusion of the Commission that the plan proposed by the
trustee' as amended is feasible within the applicable statutory and
judicial standards, and that it is fair within such standards provided
the second mortgagees'
interest is treated substantially as recom¬
mended in the report.
It is also the conclusion of the Commission that
the amendments suggested by other
parties should net be approved,
with the exception oi certain features of some of the amendments, the
approval of which is recommended.
The SEC
Jan,
on
issued an advisory
31
.V-*St I
a
Nature of Debtor's Business
History and
Divs.
District of New York.
'
second
,
Ti";
'..'7^8
until
to
was
but
;
the
Of
'•
7
Following defaults in
the
on
m
LiiLi
first
the payment
foreclose
to
County
and
rents,
■
its
of
of real estate
which
due
were
of
from
about
Nov;
mortgage.
first
Present
Oct.
1,
$1.25
receive
the
entire
bia
any
deficiency
Gas
the Trustee's Plan
any
free
issue
of
income
new
until
year
to
the
the
directors
of
take
office after
first
were
eld
first
share
to
are
■
exceeding
conditional sale agreement.—V.
7 Shaskan
and
the
'
&
-
'
:
Chicago
and 6s,
,
to
the
159,
St.
p.
The
the
committee
it
for
in any
paid
eliminate
be
&
.
Pacific
paid
provision
a
the
that
for
ICC
(a)
for
no
eliminate
stock
common
three
until
that
one
Cities
member
of
may
be
on
and
years,
I*ayDividend
cash
-
dividend
class B- stock
record
4
Feb.
and
of
common
the
dividend may be
30
ment
by
as
W.
of
Merle
director
pro¬
reorganization committee be named by
Alton Jones,
business
development
President.
was
announced
on
Jan.
semi-annual
Mr.
income
of
notes
business,
due
Feb.
Co.—Interest Payment—
interest
Dec., 1,
1,
payment of lVi'%'.
1955,
1944.—V.
to
158,
holders
p.
of
was
7
paid Feb. 2 on 3% '
record
as
of
the
close
2249.
7
..
—V.
agent for
&
Trust
Co.
the preferred and
m
B
of
New
York
common
a
the
appointed
158,"
p.
circumstances be¬
important
annual
16,
1944,
be advised."—-V.
158,
that
matters
meeting
will
of
be held
the
at
t
a
2043.
p.
v
to
the
pay
above
company
interest
,,
price
6%
from
Co.~-January jSales Up 5.82
1944—Month—1943
: v
$867,210. 7 $819,511
ap¬
OL
1944—4 Mos.—1943
$3,842,247
,
$3,563,831 i
159, p. 213.
RR.—Earnings-
1943
1942
3941
1940
$416,"692
$381,233
$406,751
$364,330
209,760
32,570
220,946
37,181
222,395
49,323
218,936
railwayrailway7_-7„
4,183,853
4,164,644
4,385,087
2,136,026
2,208,074
2,447,910
lncome„_
681,936
from
Net
ry.
railway.__
railway-—
profits
$4,123,700.
other
from
Ket
ry.
credit
V.
1944
.
196,897,000
196,652,000
197,915,000
159,
199,430,000
15_:
-
'>*
■
'"y' \*' ''
"
M
*"
-
'/•; £ vl'?
1
»
.1943
1944
-
-
'
$2,041,334
$1,915,799
153, p, 213.
Diana Stores Corp.-r-Kegisters With SEC^~
•
The corporation
.
stock
mon
has registered with the SEC 80,000 shares of com¬
Van Alstyne, Noel & Co., New York, are named,
$1).
(par
principal underwriter.
The
the
price
the
to
$7
Proceeds
ditional
share
per
will
available
$7
warrant share,
per
at
be
of
supplied by
with
total
a
net
of
the sale
of
the
to
proceeds
to
the
underwriters
the
holders to
working capital of the company
especially
purposes,
to
received
be
to
2040.
p.
7
amendment.
cash
$2,000
entitling
of warrants
corporate
157,
be
share,
per
aggregate of 20,000 shares of common
an
added
for general
stores.—V.
will
names
is
exclusive
the proceeds
irom
company
cents
Other
public
of $480,800
company
the
10
1943
% Increase
180,317,000
9:2;
181,755,000
8.2
181,748,000
8.8
181,834,000
9.7
,
842,634 <
842,353
Corp.—January Sales Off 6.1%
(ihcl, the A. S. Beck chain of shoe stores)
—V.
at4
pur¬
stock.
and
be
the opening of ad¬
'
Distillers Corporation-Seagrams Ltd.-—To Raise Bor¬
rowing Power—
.
'
The purpose of the
Montreal on March 1
special
U
to
meeting
of
increase
stockholders
to
held
be
•.
v
in
the
borrowing;capacity of thecompany as well as to strengthen further the position of. the preferred
stock, the proxy statement shows.
'
548.
p.
'''J',
'f'\
Month of January—
Sales
chase
,
.
f
Diamond Shoe
Commonwealth? Edison
.
731,656 >
3,740,840
1,992,528
6.
p.
-ItV/.V V,
\
electric
.
oper.
159,
'•
over
'-7—.
—
85,947
v.7'-
from
Net
$2.40
■
post-war
income
oper.
From Jan. 1—
Gross
(Phila.)—-Distribution—
29
Jah.
from
Net
after Feb.
Week Ended—
.
Feb.
Common wealth & Southern
Corp.—Weekly Output—
•1936
:
7 The.:weeikiyffciloivatt hour output of electric energy of subsidiaries
this corporation
adjusted to show general business conditions of'
territory served for the week ended Feb. 3, 1944 amounted to 254,"805,000 as compared with 235,445,538 for the corresponding week ip
1943, an increase of 19,359,468 or 8.22%,—V. 159, p. 548.
the
company
case
7
for
the
159,
p.
207,500,000 kwh., compared with 158,500,000
week of last year, an increase of 30.9%.
corresponding
548.
Company is inviting
whole
a
Electric & Gas
solidated
Monroe
&
the
at
Gas
office
shares of common stock (par $15) of Central
Such proposals will be received by Con¬
of Messrs; Chapman and Cutler, 111 West
Co.
Chicago, 111., up to 10 o'clock
14, 1944.—V. 159, p. 5.
St.,
Feb.
on
sealed written proposals for the purchase from
of 400,000
Electric
Illinois
a.
mv Central
,
1344.
cumulative
of whisky containing three wine gallons of
$5.85 of cash which flowed into accounts
case
a
on
up
turn collected
in
.
company
this
to
$9
per
would
be
invested
tax
there
case
proof
gallon
$23.40
which
in
would
internal
mean
revenue
that in/
*
taxes.
termination of the war or the earlier availability of pro¬
ductive capacity
or
additional supplies the company must
(1)
lay
down substantial additional stocks of whisky to offset the interrup¬
tion of production
extending from February, 1942, to such available
the
"At
and
sell
must
(2)
substantial
quantities,of
bottled
goods
upon
in addition to other costs,
it will be necessary to finance
,j$23.40 internal revenue taxes for every case and which will result in a
Co. Stock—
it as
sold
tax
which,
War Time,
*»
greatly increased dollar amount of account receivable."
7 Present by-laws- restrict the creation of indebtedness and
Consolidated Electric & Gas Co.—Invitation for Pro¬
posals for Purchase of Central Illinois
the
of
Revenue
within 120 days.
internal revenue tax is $6 per proof gallon whichA
invests $15.60 for internal revenue taxes in each
whisky sold.
Under the new tax law it is presently proposed
of
date
"
,
issuance
present
that
increase
to
each
on
electricity amounted to
the
Internal
proof whisky it tied
"The
compared, with. 168,500,030 kwh. for the
corresponding week of 1943, an increase of 26.9%.
Local distribution
kwh.
S.
company
86.8
of
preferred stock in
whisky was $2.25 per proof
(a wine gallon of 100 proof),'" the statement says.
"Thus when
U.
receivable which it
amounting to 213,800,000 kMh„
—V.
time
the
the
gallon
Consolidated Edison Co. of New York, Inc.—Output-—
the
pay-
to the preferred stock if these
and certain other accounts exceeded 75%. of consolidated current as-^
sets.
The company; now proposes tighter rules as to dividend restrictions and an 85%
rate on creation of new debt.
This latter rate
"would permit creation of $97,000,000 additional debt;' based on a con-
7 ment
;
dividends
of
solidated
so
shares
sheet at
junior
Nov. 30,
•;'•?'77"'
1943.
••'7-.V.?
'■
another change is presented which in effect
$18,003,COO of consolidated earned surplus^
that the company cannot use such surplus to pay dividends on stocks
the
At
would
,
balance
on
time,
same
freeze
additional
an
junior to the preferred stock or purchase or redeem such stocks. ."
Consolidated
inventories of the
company
on
Nov. 30,
19f3,
were4
providing for the tax liability which will be in¬
are withdrawn
from bond;
The additional bor¬
—Secondary Offering—The First Boston Corp. on Feb. 7
$92,955,013,
completed a secondary offering of 3,700 shares of com¬
mon stock
(no par) at $67.25 per share, with a conces¬
rowing capacity requested of stockholders, therefore, will permit financ¬
ing of such withdrawals at appropriate times.—V. 159, p. 549.
curred
Consolidated Gas Utilities Corp.—New Director—
Donald H. Carter of Dallas, Tex., has been elected a -director.
P.
and Henry C. Wallace have resigned
158, p. 2466.
"' '
Farrington
board.—V.
as. members
Laundries
Corp.—To
■■; '
Place
Stock
on
directors
The
the
and
the
common
Dec,
1,
was
B.
an
Feb.
on
4
declared
a
dividend of
15
>
a
/
Dean,
dividend
the common stock
since
Jan.
3,
1933.
stated that satisfactory operating results
cash position have caused, the directors to approve
He added: "It is the intention of the direc¬
Secretary,
improving
of
current declaration.
Total
cents per share
stock, payable March l to holders of record Feb. 15,
a
distribution of 25 cents per share was made,
first
It
application
1943,
the
1944,
12,
company
.
funds.
7"
Anniversary—
completed its tenth year of operation.
The tenth annual
report of the company, just issued, reilects comparty's progress during the first decade of its existence.
Company now
has "assets' of over. $20,000,000, and shareholders,
numbering more than 10,500.
That is the overall result of 10 years''
growth.
However, it is not,the whole picture.
When Group Securities',
was
organized it was a ndw idea in the field of mutual investment
Jan.
.
Harold
of the
-
60-Cent Annual Dividend Basis—
on
spirits
Distributors Group, Inc.—Tenth
On
7s
without
when
share to members of the NASD.—V. 159,
548.
p.
W.
has been
of
the
Feb.
on
■
to
the
ordered
transfer
Gross
group of companies,
utilities, for the week ehcled Feb. 5
the'corresponding period of 1943. Fol¬
lowing are the kilowatthour outpiit totals of the past four weeks and
percentage comparisons with last year:
/
<
increase
which
stock.—V.
"due
preparation
held
December—
j
Jan.'2,'43'
Jan. ly'44
.
.$2.34
to
On
City Investing Co.—Transfer Agent—
The Continental Bank
transfer
:
that
Detroit & Toledo Shore Line
(Approximate Figures)
$4,535,000
deducting
Consolidated
Citizens Utilities
•
25,
use
Sales^,-„if«i_L._™_—
value,
last year
each; and
29
Thorpe, who is retiring as editor
and publisher of
"Nation's Business"' magazine, will assume his new
duties immediately.
Mr. Thorpe also is a director of the National
Metropolitan Bank, the Capital Transit Co., the Chesapeake & Potomac
Telephone Co., and the National Publishers Association.—V. 158, p. 288.
The
June
7...
Government
in
for
over
Period Ended Jan. 31-
,
...
eafnlhgs___7'l—_77—_—-'
after
is
sion of $1.25 per
Co.—New Director-
Thorpe to the board of directors and his appoint¬
of
the
record
of
26,
•
•
stockholders,
States
$695,000
taken
F^ake
the
-
Election
holders
March
on
Government to pay interest charge of
May 2, 1942, when the land was first
propriated for military use.—V. 153, p. 1935.
$2.50 par
cents
Consolidated Gas Electric Light & Power Co. of Bait.
a
the
be
they will
United
and
was
Mr.
40 cents; per.
Payments
18.
Sept., 3,
*
oC
share on 1,716,942 shrs. outstdg.___
net
9.2%
the
on
a full annual dividend has
for the income period; (b)
no
f
10, to
made
announced
to
proceedings.
?
ap¬
provision
paid
f
,''%
for land owned by the company^
by the Armv:
A Federal Court jurv
returned a verdict of $1,795,000 in favor of the
company Nov. 24, 1943,
alter the concern
appealed a $1,100,000 figure set in condemnation
which
United Gas
The
Feb. 9 announced that system output of electricity
(electricity generated and purchased) for the week ended Feb. 6, 1944,
159, p. 547.
Service
and
of
a
..
sales
The
annual income period unless
or declared cn the preferred
the sinking fund provision that
RFC.—V.
of
] 5 of the coupons then payable
Trust Shares (of Standard Oil
and declaration of trust dated
March 25. 1929 at the Fidelity-Philadelphia Trust Co., trustee, Phila¬
delphia, Pa., or at the option of the holder, at' The First National
Bank, Chicago, 111.,
the bearers of said coupons will be paid the
amount
of 25.221 cents per Trust Share due as a
semi-annual dis¬
tribution of said Trust Shares.
On Aug. 16, last,
a
distribution of
17.219
cents per share
was made,
as against
19.771 cents on Feb.
15, 1943.—V. 158, p. 573.
first
dividends
consecutive
dividends
7
the
to
which
the
$1,795,000
means
company
the
('77.
,
RR.—Objec¬
the
dui?'
Products Refining Co.—Payment by Gov'ts
directing
President of
,
reorganization committee, and (e) eliminate the voting trust.
The committee
also proposed that the Commission cancel
vision
A
June
Upon presentation on or
not
par,
paid unless an amount equal to 50% of such dividend is paid into a
sinking fund for retirement of income bonds and preferred stock; (c) ;
provide for immediate payment of RFC indebtedness; (d) provide the
5%
adjustment committee be allowed to designate a member of the
the
is
stock of Colum¬
'
last..
6,
that the
on
plan
March
were
year.
delaying
scheduled
of
Corn
appertaining to the certificates for
Group)
issued under the agreement
of
reorganization
lVave been paid
stock
preferred
substitute
common
been
suggested
dividends
no
said
of
.
Total
a
bonds
dividend of 15 cents per share on
a
payable
last
Feb.
on
presented
date
"At
at
' 7*
638.-, /-J
.
—V.
547.
Paul
proved by the Commission on Dec,
that
5,
Combined Trust Shares
/
to represent $6,102,856 of 5% adjustment
on Feb. 2 filed objections with the Interstate Com¬
Commission
merce
class
showed
The Elwell Committee,'said
road,
directdr
Jan. 22
.
Milwaukee
the
declared
holders
to
March
excluding
tions Filed With ICC On Plan—
bonds of
3
9
7 Electricity output of the
approximately one
issue,
1944,
1,
income
common
by
in
-
be
later
Commonwealth Edison Co.—Weekly Output—
with
rata
distributed privately a block of $700? 000
due 1966.—-V. 159,'p. 547.
'
has
Co,
a
He
common
10% 'excess
amounting to $583,000.—V. 158, p. 1935.
,
,
to
company
-
general 5s
also
is
year-end Of 90 cents.->
Earns.. per
100
Chicago Indianapolis & Louisville Ry.—Bonds Placed
Privately—
Feb.
present
follows:
Consolidated
of promissory notes in evidence of, but not in
purchase price of certain equipment acquired under a
the
the
company
must
before taxes-.77.—i777"7"i.7. $12,110,000
$8,473,700
Estimated Fed, inc. & excess profits taxes____., "7,575,000,"4,350,000
$3,438,748
' 180,079
pro
fund
Payment will be made at the
Calvert and Redwood Streets, Ealti-.
old no par value and
the old $io par value
stock, issued and dated prior to Oct. 25, 1935, wilG
exchange their certificates, share for share, for the
value before receiving tne current dividend.-
our. control
stockholders,
New Director—
director.
^Preliminary Consolidated .Net'Earnings
$7,900,800
payment of,
He
a
shares of
Years Ended—
Is to consist of five members.
The initial
the consummation of the plan and to serve
authorized
24
on
Bonds,
—
of-the
capital
5.
p.
of March
as
sinking
6%-
trustee,
17,
Crown Drug
March
Jan.
Jan.
159,
been elected
has
Corp.
on
Earnings,
certificate holders
mortgage
'7
annual
on
quarter
i
'
1942.
Chicago Burlington & Quincy RR.—Notes—
ICC
Hickey
the
on
as
Dec. 3r a
bonds,
meeting of the stockholders
thereafter is to be selected by the court.
The
1941,—V.
Electric
&
payable
Amended
as
M.
directors,
shares
at the rate of $20
certificates held.
In addition
assets.
The board
board
preferred stock,
Feb. 18.
7
1942, the company
of record
An extra of $2 per share was also disbursed on
1,
The
yond
the
of
of
quarterly dividend
each
Md.
Cents—Preliminary Earnings for Year Ended Jan.
The
Capitaliaztioii
mortgage bondholders
claim
share
per
^
1942
•
$1,035,893
interest.
distributions
Dec.
required to
present $1 par
cents per share on
holders
and
common
1, 1944—
No provision is made for participation by the holders of the debtor's
second
cents
25
trust
and
.100
Co.,
Annual Meeting Postponed—
cf -25
including March. 2,
and
Corp. which owns 2,410,856
of 40
the
remaining after the payment of the expenses of the debtor in
reorganization, provision for certain other expenses and $10,000 for
working capital will be distributed pro rata to the old first mortgage
certificate' holders.
'
■
The
to
to
1
Baltimore,
Corp.,
capital " -stock,
be
-
cumulative convertible
the 5%
1.940,
the
Columbia Broadcasting System, Inc.-r-To
cash
stock.
on
and
Title
158,. p.
holders
The
regular
dividend
a
value,
1943
$1,447,643
>
Similar
24
on
foreclosure
towards
Md.—V.
Sept.
Improvement Co., Public'Service Corp. of New Jersey and the Brock¬
ton
(Mass.) Gas Light Co.—V. 159, p. 212.
for each $100 principal amount of old
they will receive the entire proposed issue of 68,775 shares of common
stock, at the rate of one share for each $50 of old certificates,
Any
;"
declared
par
.^;;%'7':7',;',77!,::'
January Sales—
1944
called for redemption
at
Trust
18.
Stock—
Columbia Gas & Electric Corp
William
trustee's plan, as amended, the prior
State of New York and the Empire
Trust Co. will be
The premises and remaining assets
of the debtor will be transferred to a new corporation, subject to a-:
first mortgage bond issue in
the amount of $687,749, which will be
distributed
to
the
present first mortgage certificate holders of the
debtor, along with the common stock of the reorganized company.
"Under the plan, as amended, • holders of first mortgage certificates
will
1,
March
on
United
of New York,
paid in cash.
City
no
Stock Exchange that, on
Montgomery and Gustavo
348.
'7
collateral
of
195.1,
Feb.
-
.
D.
p.
7
Continental Motors Corp.—15-Cent Distribution—
-
dividends.
accrued
Common
per
'
been
have
1«
more,
of the
10%
of
rate
cents
-
Out¬
\
.
redemption
York
15d,
Stores, Inc.
:
-"
Mercantile
cumulative .convertible preferred stock
on
the.New
The directors have declared
_
the
of
15
of
^Federal Judge Guy L, Fake, at Newark, N. J., has sighed ah order,
1940,
Action
212.
p.
$14,000
Dec.
,
authorized '.the.
both payable March
June
"•This
provisions
■
„■
basis
rate
$1.527,G84
159,
There
of
no
(177,336
,
the
'
Grenville
directors.—V.
Consolidated
-
Corp.-—To Redeem Part of
7
.
Feb. 7
on
stock,
share
per
$100,
issue
are
1940,
,
the
Feb.
on
paid dividends of
stock; none since.
from the debtor an
participation .certificates due Jan. 1,1943—
Second mortgage due Jan. 1, 1948—
:
Capital stock (shares)—,.
;
i
the
(177,934 shares,
'
notified
Lombard,
elected
Called—
par
•
directors
7 From
and interest
taxes
on
First mtge. 4$?
of
:
'
S. Treasury tax-notes, series C,
Coca-Cola Co. (1,418,688 shares, no
Co.
at
and
1940,
and
81, 1943
surtax,
Aikman
&
common
par
possession and management of the premises on June 15,
Under
no
and
2465.
The directors
the
stayed by the filing on March 17, 1942, of an involuntary petition
this proceeding for the reorganization of the debtor under
Chapter X of the Bankruptcy Act.
The reorganization trustee assumed
claims
tax
Resumes Dividend
instituting
Summary of
in- 1943
$827
dividend
a
/'}
- '
sales
—V.
U.
$73,900;
stock
(88,967
p.
158,
The
was
r'.
stock
A
income
Corp., antf 50 shares by Realty Associates
trustee. Empire Trust Co., obtained
cf
of
Alfredo
were
Month of January—
Net
*$105
,
Condition, Dee.
standing Preferred Stock— _'
until June 15,
1942, operated the premises.
On or about Feb. 21, 1942, the indenture
trustee
commenced an
action
in the Supreme Court of New York
assignment
of
.
on
quarterly
7
'
Consolidated Retail
was
both
mortgage,
indenture
then
1941. "Deficit.
39,750 outstanding shares of 5%
of record Feb. 29 at $110 and
redemption of
outstanding shares of stock cf the debtor, 50 shares
100
owned by Prudential Equity
Securities Corp.
and
1942
$1,985
has
company
27,
Pellon
outstanding
mortgage.
"^"»V
7
$$1,249
r.o
par.. shares),
$3,546,720;
shares*, $889,670; reserve for Federal
$373,249; surplus at Dec. 31, .1.942,
$10,900; deductions from surplus, year 1943,: $1,249; total, $4,819,290.—
mature on
maturity,
7,894,551
'" $5,516
,
5,848,817
__i7
surplus
Collins
Jan.' 1, 1948, and was to bear no
to bear legal interest thereafter.
According to the trustee the books of the debtor indicate that on
Dec,
1, 1938, said mortgage was reduced to $180,079, by agreement
between the parties concerned.
A proof of claim in this proceeding
has been filed by Prudential Equity Corp. for $100,000 and by Realty
Associates
Securities
Corp.
for $80,079 on account of the second
t:.
5,931,740 7 7,559,477
paid
V.
reorganization
mortgage
interest
'
$7,894,446
normal
also required the delivery of a new
second mortgage of $200,COO to the trustees of The Prudence Co., Inc.,
end
Realty Associates Securities Corp. in equal shares.
The new
plan®of
$7,561,462
in
class
$8,750 were to be
The-
$5,937,256
$5,847,568
The
Jan.
295,640
:
payable
348.
p.
stock
common
year,
159,
Consolidated RRs. of Cuba—New Directors—
$8,200,393
,
the
per
share."—V.
10,307
Liabilities—Common
.
mortgage was subsequently reduced to $3,438,748 by the
certificates in the amount of $61,252.
17,998
$309,000; common stock of The
par), $3,546,720; class A stock of Coca-Cola
par), $889,670; total, $4,819,290.
extended
the
of
terms
369,313
13,298
Assets—Cash: in bank,
rate thereon
interest
the
the
$7,948,773
379,799
.10,682
Statement
was reduced to 4%
per annum., Under
mortgage, certificates of the face value of
redeemed quarterly, commencing April 1, 1939, in re¬
duction of said mortgage.
The plan of reorganization provided that
the guaranty of The Prudence Co., Inc., securing the certificates, should
not be deemed in any manner realized or discharged.
The present issue
continues to retain that guaranty and .some small distributions have
been
received from the trustees of the reorganized guarantor.
The
and
$6,330,353
■
.
■"Including'Delaware franchise tax
$825
first mortgage
of
$3,503,000, which represented
the senior interest in a previous
mortgage of $4,000,000. - junior interests in such previous mortgage, to¬
taling $500,000, were cancelled.
The mortgage of $3,500,000, against
which participating certificates had been issued and guaranteed to the
public by The Prudence Co., Inc., was extended to mature Jan. 1. 1943
..
$6,232,327.
—374,076
Balance,
j
...
884
Dividends
emerged from that reorganization with a
debtor
The
199
Net income
in July,
organized
was
598
'
—
cents
60
$8,200,293
71'
100
-
establish
to
tors
of
1940
$7,947,789
income
Taxes
'Monday, February 14, 1944
V
.
1941
.
$6,330,154
Expenses
1937 in New York to own and
Central Park West, in N. Y. City,
of reorganization approved by an:.'
order, dated June 14, 1937, of the U. S. District Court for the South¬
debtor
The
1942
$6,231,729
Total
*
7,
1943
Coca-Cola Co.
rec.
Other
operate the premises knewn as 101
in order to carry into effect a plan
ern
FINANCIAL CHRONICLE
THE COMMERCIAL &
636
to
had
brokers.
The
of
market
tested
in
all
This
For
of
classes
volme
this, job
actual
had
presentation
of
$12,348,402.
and
pensation
be
to
and
sales
was
of
to
operation.
be
Group
New
methods"
of
developed.
Securities
achieved
distribution
last
year
amounted
by 299 investment dealers
they received a total com¬
$756,619.
performance
of the. various classes of Group Securities
during 1943 fully justilied the excellent sales record established by the
selling
group.
Seventeen
of
the 20
classes
advanced
more
than the
*
Volume
159
general market
the
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
averages
performance oi
each
Net Asset Value per
Agricultural
Automobile'
$4.88
'"7
''
5.35
'
Aviation
'Building ■ _r_-'
5.52
Food
,
T?ully administered
General bond
Industrial
low
i/v-Zliu///;
3.55
priced
*4.56
'
1
'
' 4.45
j.,
.I-/..
"Utility
f' '
"Initially
2.56
;__...:_____l_...;j_„7
7.
■
+ 42.0
+ 8,7
-t-20.6
.
3.86
of
and
1
'
'
"bash
banks__w_
in
For
securities
For
'
—
•
•
capital
sales
amounted
limited
former
the
to
the
of
to
—V.
(due after Dec. 31,
1943)
accrued: interest
Dividends and
Total
/■.
'
Liabilities—
171,524
/:
—.
■7+
payable: ■'
For securities purchased
'
'
For capital stock presented for tedemptiop——
income
on
$836,236,
For current expenses
5
for the
fiscal
allowances
and
Capital stock (par cne cent/)
surplus
Undistributed
.
Unrealized
income
ended
year
for
price
Oct.
1943,
3i,
Dec.
(net)
appreciation
to
$2.03
reductions and
31, 1943
—
1944 production is
expected
to
153,"p." £h~
—V.
♦
.
;
7:'-7.;
**»
\
'
''
,
have been
Since
Eank
159,
'
V
of
Cost
■
contracts,
reconversion
peace-time
of
of'facilities
to
peace-time
strengthening
products,
Income
Account—Year
Ended
of
Dec., 1943
Profit
Jan., 1943
$474,240
from
Weir & Co.,
Net
Ltd., on Feb. 5 announced the sale in the Canadian mar¬
kets of $1,100,000 4 Vz % first mortgage 20-year sinking
*fund bonds, series A, at 100 and interest. The proceeds
were
ti
V
due
Oct.
Operating
oSerat
S-7+7
on
Maintenance"-:--
Net
57,50o
$2,344,519
325,651
reserve
$229,943
63,255
$290,494
69,300
$2,670,170
759,100
$166,C91
6G.832
1,054
S221.194
$1,911,070
which
All
40,884
370
oo'oB
amortization—
and
Miscell. deductions
.
——
for
:
$2,902,829
;
income
for
and declared
dividend
404.100
l.
,7 Applicable to E. U. A.
_
$1,275,944
share.i—
■
oba
'
value
par
+
T
>
■
paid——
.
of
Expenses,
Balance available for
—V.
,7
taxes and interest
the
to
and
7
profits
on
Condensed
,
Income
Account (Company Only)'
—
,
■-.■',"■
—:
assets,
jjajw
A
Consolidated
' '
•
* <
(including other income)-;—
•■•
,
revenues
Gross
for Calendar Years
Income Account
Operating expenses
'
7-7/ 1942 "■
1943
and
in
'
.
refund
payable
of
to
contract
U.
deferred
745;
Subsidiary
Parent
Net
*—V.
deductions
deductions—
,
income
158, p.
'
<
s
s
.
" '
-qJ'rS
94)554
$26,952
—
—
—T——
2044.
-v
—94,691
company
-
•
T
provision
total, .$7,501,559.-
'
charges,
•'
/
the week
•
«
:
of Ebasco
during 1943 were as follows:
inc.
less
outs
•
v
7+T-:
7
o-'T
.
'
•——Increase——
Operating Subsidiaries of—
7 t944. Ti943—
AT}clu"t
Light Co
193,994
172,4o21,54Light Corp.—99,183 ;7. 8a,427 : ..15,756
National Power & Light Co
103,438
95,4^8
7,940 .
+
The above figures do net include the system inputs of any
.
American Power <&
Electric Power &
panies not appearing
/;/
in both periods.—V. 159, p.
Eastern Sutrar Associates (a
549.
10r;
12.o
18.9
8.3
Trust)—$1.25 Dividend—
for
/ income
;
Net
■
Fed.
-
&
taxes
of
'
•'
-
profit
divs.
common it-:---
per
B
sh.
on
stocks
ci.
'
+
A
75,000-
t
-
7",
272,607
for
59,695
$199,522
Ll.OCO
100,000
$188,898
11.000
100,000
"$174,356
11,060
7
! *100,000
;.
'.7
•
.
/ .7 7:;
.
$1.55
__$0.81
with-Bureau of Internal Revenue
,
$1.51
■
$1.42
for Federal tax
Sheet, Dec. 21,
purposes;
.
1943
U.-S.
stoc*
value
inventories,
accrued
taxes
(general),
accrued, liabilities,
$2,917;
$35,996;
other
$6,279;
$113,851;
reserves,
(66,821
no
par
stock, $50,558;
Vice-Presidents, and Clifton
Heppes and Stuart H. Ralph,
have been elected directors to iill the vacancies
resignation of John R. Bird, William S. Gray Jr. and
Treasurer,
the
by
Thomas.—V. 158,
p.
2468.
»
>
-
With SEC—
bids for the purchase of bonds under the
requirements of
rate.
the Commission.
7 7/-
.
certificates
of
indebtedness,
$75,466;
notes
Dividends Favored—
Indicating the long-range mood of stockholders and their desire to
prepare lor new industrial activity when peace comes,
three out of
every four shareholders in a nation-wide mail questionnaire have just
endorsed a manufacturer's policy of moderate wartime dividends so
that the company might1 be better prepared financially for post-war
growth.
//.-. - 7/7:
/"
'.' "■/: •'-.
From
the third annual survey
among the 63,210
stockholders of
Cener'al Foods Corp., Clarence Francis, Chairman, reported on Feb. 11
that, 74.8r>(
of the 8,227 replying advise the management to continue
for the time being its dividend rate of 40 cento a share, reduced from
...
50
cents
believe
ferring
in
May,
1942.
management,"
it
would
instead
:■ i
m
.
he
said,
be
unwise
to
build
<i '•*{.
t
v
.
marketable securities
income
cash
payable,
payroll,
operating
will invite
"The
Assets—Cash/ (demand deposits, $1/141,439; on hand and in transit,
$54,882),■ $1,196,321;
Federal
$145,539;
General Foods Corp.—Moderate
/;--
91,779
123,305
"Before adding extraordinary income of $30,551, which consists of
adjustment of reserve fcr industrial liens in accordance with agree¬
Balance
$306,563;
$377,775
'■y
ment
banks,
in
-
$375,136
$326,446
'
80,114
83,836
.77,853
•.7-/vT.--T+
/'. 4,539
.
-.
71,109'
preferred/—
divs.
and
T
$105,871--
Cash
Earns,
65,078
7
___iiri7';7-:
dividend
•share
$242,058
-
>
1948,,
Sheet, Dec.
reserve for contingencies.
shares), $1,259,105; reserve for
earned surplus, $388,387; treas¬
(5,900 shares), Dr$131,973; total, $1,783,937.—V. 157, p. 816.
the interest
;7'77:.
". '7
$672,309
$531,277
297,173 .
204,831
-.'-7
-
$650,382
~
122,855/ /7
.
State
Cash
com¬
;
of $1.25 per share was declared on Feb. 4 on each
beneficial interest/payable March 6 to holders of voting
trust certificates for preferred stock of record Feb.. 9.
A similar dis"tribution was. made om'March 31, Aug. 10 and Dec. 6, last, and on
A
Prov.
Thousands of Kilowatt-Hours——
■■
77
$434,913
1944, the system inputs
and other expenses, including
depreciation and Federal income
.
and
,$362,760
$2.49
costs
deducting
$39,110;
$61,400.1,
capital
A.
bidding
1940
1941
—1942
,-.-Z:
--
$1.67
competitive
Successful bidder will name
7+7
■'• + '
'././':.+■
+-'-7
Company also proposes to sell privately to John Hancock Mutual
Life Insurance Co., Boston. $4,000,000 of 3 lA % serial debentures.
Proceeds from
sale of bonds and serial debentures,
together with
other funds of the company to the extent required, will be applied
to
the
redemption of the following securities:
$11,600,000 P'lorida
Power Corp. first mortgage 4s, series C, due Dec. 1, 1966, at
104%;
$5,143,400 Florida Public Service Co. first mortgage 4s, series C, due
1955, at 102.90; $1,622,000 Florida Power 3^% serial debentures and
$2,300,000 Florida Public Service 4Va %
serial debentures; for other
purposes $730,451.'
7
+7
On Jan. 14, 1944, Florida Public Service Co. and Sanford Gas Co.,
affiliated companies, and Sante Fe Land Co.. a subsidiary, were merged
into Florida Power Corp. as the continuing corporation.
Company is
controlled by General Gas & Electric Corp., which is part of the As¬
sociated Gas & Electric Corp. system.—V. 159, p. 350.
pany
;
1343
charge-
Services^ Inc.,
■
hand
$388,387 7
bonds series due Jan. 1, 1974.
Interest rate will be supplied by
amendment.
Price to the public is to be supplied by amendment. Com¬
for
Finance Co. of America at Baltimore—Earnings—
Gross
Inc.—Weekly Input—
ended Feb. 3,
companies
on
T
76,401
76,851
——2.1,824
gage
president^ -reports that sales for the first quarter,
the
::77:7'
of client oper¬ /.Operating expenses
which are subsjdiaries of
American Power & Light-Cov Electric Power & Light Corp
and Na¬
Net oper." income "__1
tional Power & Tight Co., as compared with the corresponding week
Interest, etc:
For
ating,
operating
80,338
$461,435
corporation has registered with the SEC $16,500,000 first mort¬
The
ending Jan.-31, 1944, of the present fiscal year total $4,734,961,
largest for any quarter in the, company's history.—V. 159, p. 445.
Years End. Dec. 31—
Ebasco Services
all
.
—______
Florida Power Corp.—Registers
$238,458;
$22,510
'
228,273
m-'
taxes—
1942—,
31,
!.
before
but
accrued
Gregg,
Joseph
Record Sales For First Quarter— T'
Benjamin Abrams,
*
income
surplus—Dec.
receivable,
for
created
respect
Government-with
S.
t'1' '•
'*
,
7 /
Federal
provision
of
George P.
W.
,
prices,'$100,000;
$152,824
7
7:
Flintkote Co.—Three New Directors-
"
•
.
'
1
t
banks,
and
Crl0,455
332,760
1
profits taxes.
(less
stock
ury
*
:,,<■
$312,603 77 $307,065
income
■
adjustment of treasury
$1,500,000;
prepaid. expenses
Cr53o
-..
depreciation provision—
Balance
$25,000;
income
'
Gross
Iv'' ,/
'
reserve
7Liabilities—Note payable to bank; $1,000,000; accounts
reduction
.
indebtedness,
$7,501,559.'
115;
$1,235,294
$1,249,615
—■—
—
<
-. •
surplus—Jan.
charging
$33,877;
payable, $598,to voluntary
renegot'ation of
U. S. Government contracts, $500,000; Federal income and excess profits
.'taxes,. $1,675,1007 other accrued .liabilities, $316,475; capital stock,.
($5 par), $2,000,000: capital surplus,-. $228,124; earned surplus, $1,083,-
v
;"77.:
hand
on
of
$146,189;-
total,
$30,321
$33,009
^.-7
income
159,563
$1,472,937; U. S. Treasury
United States treasury tax
nptes, series C, due November, 1945, $20,000; accounts receivable, $1,511,452; Inventories, $2,503,941;-Unbilled material, labor, and overhead
charge on development contract work, $51,389; accrued interest re¬
ceivable, $1,643; fixed assets (less reserves for amortization and de¬
preciation,
$109,646),
$55,518;
trademarks
and patents,
$1; other
Mfl
j4,bax
to
104,554
and excess profits
taxes
(life insurance), $113,694;
$129,449;
other
assets,
$30,487; land, plant, equipment, docks, etc. (less reserves for deprecia¬
tion
of
$1,373,893), $346,628;
prepaid expenses and other deferred
charges, $22,127; total, $1,783,997.
(
the
was
Assets—Cash
.
^0,875
Feleral
after
net income,
88,229
125,811
$102,029
earned
excess
(contra)
Balance'Sheet, Oct. 31, 1943
Corp.—Earnings—
>
Operating expenses- —i
Deductions
Net
the books
certificates
Grosf'effnmS'r.
for
1942
$460,964
$236,596
56,046
credit__-T____^^_.__^'
post-war
paid
of prior years'
accounts
and excess
year ended Oct. 31, 1943 as originally recorded
reduce such income by approximately $47,500.
the
upon
1943
dividend
notes
the
taxes,
T
,
5,354
Liabilities—Accounts
$1,455,444
$1,359,590
dividends and surplus—
value of
par
"
(U. S. Government securities), $150,400; U. S. Treasury tax anticipation
statements of income and earned surplus certain ad¬
on the books as of May. 31,- 1943 have been applied re- '
troactively to periods prior to Nov. 1, 1942.
The effect of the principal
'.
Presi¬
1942
$324,226
1943
$343,053
:
Assets—Cash
justments-made
146,135.
^
$228,124
§ Aggregate
donated.
$340,539
+
'
maintenance
79,7,815
company.
Note—In
158, p. 6.
Eastern Minnesota Power
i
148,722
—
capital'stock
7'
1944
,
$464,788
Balance
/_
1
to the
.
Earnings per share
797,815
^_-
'
,
Total
Adjust,
$1,025,939
i
:
■
;77
,
'
shares of capital stock paid pro-rata to all stockholders (including the
stockholders who had previously transferred and assigned these shares
$1,601,579
$1,503,312
'
•7;
1
year.
73,703
'
t
re^uctfng returns;-"allowances,.'arid provision
adjustments,
-'
Trttnl
'
________________
Balance, earned
for refund; to
United States
(3ovcrnm.en,t/ with respect to voluntary reduction of
contract prices. ..■''"^Aitejf/deducting postwar, credit of $127,100.
fRepre¬
senting excess of par value over cost of capital stock reacquired, and
'
tDi.ut
.
'
each
,
coming
has been appointed Assistant
v
214.
p,
profits
.
■
t
,_s_z
—
dividend
Capital surplus, Oct. 31, i943
/,?,
above)—
In
11
income':
-Net
$228,124
159,563
:
the
816.
p.
816.
p.
taxes
"After
Total
OA„
...
share,
per
21.
'
for
profits taxes
Excess
Cash
t
<
1942__^7—
l,
value of
par
157,
income
Excess
60,000
—
Capital'Surplus
fSt-ock
.
<
,
cents
Feb.
Depreciation
$1,143,745
shares of the outstanding
capital stock of the company transferred and assigned to
the company by certain stockholder^-—
/•
$1,349,847
—-—
Eastern Utilities Associates:
•Earnings of subsidiary (as shown
Non-subsidiary income
taxes are payable.
corporation were reelected
Chappie, Jr.,
157,
159,
*Net
1,143,900
$936,236
307,509
per
the
Years Ended Dec. 31—
7
;
1
2u,aa^
■i
35
record
Fitz Simons & Connell Dredge & Dock Co.—Earnings
/
profits
excess
1,. 1942—
paid—(15c
of
Sales_____„
—V.
500,000
contracts-—
value
year—
fCapital surplus, Nov.
13,556
l8,9'/d
of
(M. II.) Fishman Co., Inc.—January Sales Off 2.4%—
12,884,236
income
surplus
Aggregate
$1,448,052
——
.Applicable to minority interest——
of
dividend
a
stockholders
to
Month of January—
18,593
:
renegotiation of U. S. Govt,
normal
"After
22,226
Balance
declared
8
1944,
$2,888,908
surplus, Oct. '3.1, 1943-—$1,083,745
Earned per share on ckpi.tal stock__<
T,—+~
$2.09
743,100
$1,372,573
$93,805
$180,140
Preferred dividend deductions, B. V. G. & E. Co.
■
:.
Firth-Sterling Steel Co.—New Official—
/Bennett S.
1
Int.
•/'' '.;/;;< /
-
years
date, income
officers
1
—
^/J
the corporation has paid dividends of 30 cents
per share April 1 and Oct. i.
"The increase in the present dividend
is the
result
of improved earnings
during 1943," the corporation's
statement said.
The dividend was declared payable March 10 with a
view to putting dividends in the hands of stockholders prior to Mar. 15,
Earned
$1,919,157
income
Gross
Feb.
on
10,
March
past four
Adjust, of prior1 years'
$2,668,257/
accruals
Balance
^Retire.
.
;.7-7
directors
the
13,921
Earned surplus, Nov.
$2,351,770
316,487
$232,989
■
The
payable
of
Income
Net
Cash
$200,551
29,395
income
First' National
other directors of
Moorhead, Assistant Treasurer.—V,
^
s.
7
income
Total
(net)
revenues—
oper.
'Non-oper.
•
.
taxes t
inc.
Taxes .■Unci.
the
of
the corporation were reelected for the ensuing
H. Hoover of Butte, Mont., who resigned because of the
pressure of other duties.
■ ■ 7-.---.77 y; +■
$11,857,771
8,224.155
744,707
.-■taxes/and'■■'gurtax^-^__^___,
1943—Month—1942
1943—12 Mos.-~1942
$933,024
$966,594 $11,105,798 $10,935,116
592,320
561,279
6,442.137 ",6.277,308
42,064
42,688
460,933
478,743
158,089
- 129,638
- 1,858,159 ■< 1,827,295
revenues
Vermillion.
All
1943
fFederal corporation '-excess.-.-profits tax—
Associates <& Subs)—Earnings-
Period End. Dec. 31—
31,
expenses
charges—interest
Federal
/
trustee.—V. 151, p. 412.
Eastern Utilities
operations.,
income
Provision
.
March 1, 1944;
Executor Co.,
used for refunding purposes. Dated
March 1, 1964,
Chartered Trust &
President
been
a
year except W.
•
income
Other
Ltd.—Bonds Offered—W.C,
Co., Ltd., and McLeod, Young,
has
Falls, one of the corporation's Montana affiliates. Mr.
large grain and feed business in Brookings and is a,
the National Bank of South Dakota, a First Bank Stock
of
and
production,
distribution
$504,565
Gross
Dominion Electric Power,
Falls, Mont., and E. II. Sexauer, Brookings, S. D..
Jenkins
Great
heads
dent.—V.
Income
Pitfield &
the
of
sales
Selling, general and administrative
'
$461,875
Directors—In¬
New
Two
—
Corp. affiliate with headquarters in Sioux Falls and branches in Huron
to deal with-such problems as the termina¬
"Net: sales.
549.
p.
of
Corp.
directors.
Mr.
director
be necessary even after cessation of European
organization and appraisals- of markets here and abroad.
7
++7+^
.
Jan., 1944
(val. Oft—7—
Bullion output
—V.
.
elected
1936
Sexauer
orders from the Government now on the company's
approximately $24,000,000.
The vital importance of
equipment to the war effort suggests that a high
to
Stock
They include Clive T. Jaffray, Chairman of the Board of Directors;
Augustus H, Kennedy, President; Richard C. Lilly and Lyman E. Wake¬
field, Vice-Presidents; Hugh W. Martin, Treasurer; Lawrence B. Hague,
Secretary; . Leonard O. Frodell, Ass'stant Secretary, and Andrew R.
tion
designing
Ltd.—-January Output Declines—
Dome Mines,
Month of—
»
'
of
Dividend Payment—
E. O. Jenkins, Great
all previous
surpass
Bank
creases
electronic
7
-
shares
65,466
on
$18,676,438
—7—+—
-
Total
the
Sound
./ "•;•
the
re¬
renegotiation of $500,000,
share on 400,000 shares of
per
'
,
Puget
.
of
division of the corporation;
Dr346,6l4
'
7 480,812
1
Sells
—
award
engineers have greatly-improved manufacturing technique, and that a
post-war planning committee
has been formed,
representing every
•
at
owned
securities
of
the
9
I.
in
>•
First
an
exceptionally comprehensive analysis of the company's cur¬
position, and its^future outlook, Benjamin Abrams, president of
rent
D£29,454
;
Co.
/';77'7':
'
:
Feb,
Parkinson, President, on Feb. 2 announced that the
had made a second subscription of Si00,000,0u0 for
Fourth War Loan
Bond drive, swelling the total of
its subscriptions for bonds in this campaign to $200,000,000.—V. 159,
P. 214.
-"T7- :7+;-/:,,77: 7
3«./7/'./7 7-'--..; 7.77777 r'
«
'-'7.
Emerson, stater, that under the pressure of war demands the company's
17)89^J9J
.
Undistributed net loss on sale of securities———-—-
.
•
—4,397,721
/
Unfilled
and
In
.Paid-in
and
of production will
hostilities.
•
'
294
Accrued taxes and expenses———-—.——.—y
Service
v
won
349.
p.
Thomas
for
reserve
a
equal
rate
74,839
_-7——
half,
amount
radio
•
0
first
books
:•/,7'' +.77
Accounts
159,
bonds
Phonograph Corp.—Annual Report-
corporat on
$11,857,771- after
to
records.
$18,676,438
-—
+77; +7 7.-; 7+77777777 .'.'7
:
the
170,614
-
—
Inc.,
—$100,000,000 Additional Government Bonds Purchased
7outstanding capital stock, compared with net income of $651,465, equal
to $1.62 per share, in the preceding fiscal year.
Current output of the company, consisting of radio and electronic
/equipment for the Army/ Navy, Marine-Corps and other Government
agencies is going exclusively into the war effort.
Dollar volume of
output in the second .half of the 1943 fiscal, year increased 100% over
*
receivable.--—
Co.,
Equitable Society
.
w
Public
'- :7-/. '././:. ;
&
Equitable Life Assurance Society of the United States
government the largest in the history of the country.
Net
the 12 months,- after provision of $1,548,000 for all estimated "
taxes
amounted
Distributors Group, Inc.
through
stock sold
stock,
common
stock of the Puget Sound Power & Light Co.
put up for
competitive bidding by the Engineers Public Service Co.
The successful
bid was $11.90 a share.
The stock, it is said, will not be reoffercd.
employees
companies
controlled
$51,319;
income,
commmon
the
to
Federal
62,760
•
-7
be
and
or
deferred
.
^99,199
——-—;____—
•>
general,
.
State,
(estimated), $71,109;/ other. Federal
year
158, p. 289.
Blyth
Offering price is
In calculating the price, no "service" or
the agreement/
in
Emerson Radio &
Net
■7/77'7v/;7 7v;H77V:7;77;V7',:
sold
in
employees
its' Subsi 'Dry
and
/•'
$5), $375,000; common stock, class B (par:$5), $250,000;
surplus, $513,005; earned surplus, $789,464;. total, $5,373,347.
Stock—
.
of certain profit-sharing trusts heretofore and
by the General Electric Co.
The General Electric
party to the trust agreement, and has no responsibility
a
income for
-w
receivable:
Accounts
7.
leading
Co.
$6,189;
taxes,
pre-:
nine
(par
Engineers
trustees
of
A
—V,
"loading" charge is included.
II • on closing prices on Dec. 31, 1943 (cost, $16,991,528)—iu- $17/72,341
I;
20.COO. units
incoipe for current
State
class
created
not
determined
at their value based
securities,
SEC
on
and
whatever for the administration of the trust funds.
Sheet, Dec. 31, 1943
Balance
marketable
in
Liabilities-r-Reglstered
short-term
notes
(maturing
within
months), $3,274,500; accounts payable, $42,761; Federal and
trustees
the
to
funds
/7+7 77 -'.7:' "' %
Assets—
Investments
1
.'V
receivable (net), $3,971,407; other assets, $123,021;
(short-term notes), $7,132; total, $5,373,347.
accounts
paid interest
aggregate offering price
.' 7'.+/:,7. +
;77.'777+.7-; 7 .7.
officials,
Electric
General
is
Co.
the
with
the Elfun Trusts will,
executives,
the
'
'
approximate current level.
V.
proposed maximum
a
public of $2,100,0C3.
of
hereafter
.
+74.2
4.40
'
and
at Feb. 29, 1944
159, p. 6.
as
1731;
p.
City—Registers With SEC—
registered
representing
Participation in
list
+27.3
3 14
3.87
the
to
has
Trusts
certificates
+25.5
'3.90 ':
'
158,
paid-in
Elfun
+ 24.6
+61.5
+15.4
<+51.0
+ 3.6
5.87
3.20
Arrearages
taxes
Elfun Trusts, N. Y,
offered Feb, 9,' 1943. ; tAdjusted .for extra dividends paid.
This "overall" performance, of course, does not reflect the trend of
dealer
selections among
the various classes during the year.
For
example, it dees not show the large volume of transfers last summer
from automobile shares at around the 5.80 level to steel shares at its
;>
;
'
/.____
_,
__
•
2 56
2.7.1
<
_
■
,
: ;
■
'3.66'
L-7
*
Steel
.Tobacco
.
'4.83
Railroad
>
5.08
5.93
4.60
,
3.96
_
<Railroad equipment
■
*
1942.
.
6.18
5.54
4.96
.Petroleum-.
*
.
5.63 .7
company
Merchandising
Mining
»
;-77
30,
share.—V.
per
15, 1944, due Jan. 15, 1959.
Proceeds
have been added to company's general funds.—V. 159,
p. 349. ■
^
://7//7,7.+; 3.2
+27.1
A1. +33.0
+ 31.2
'
+ 2G.0
8.68
4.56
6.62
6.97
.
and Dec.
$23,75
tures, dated Jan.
7 +27.2
5.60
V"
5.16
•
■
machinery
^Investing
;
+
6.83
7773.51
;
to
Stores, Inc.—Sells Bonds Privately—The
company has sold privately to an insurance company at
par and interest, $2,000,000 314% sinking fund deben¬
+38.9
4-4'
•/'•
,
6.50
5.25
Chemical
Electrical equipment
|
5.56
5.77
11
May
amount
Edison I5ros.
+36.9%
$6.55
4.02
•
10,
will
tPercent
Change
Share
Dec. 31, '43
Dec, 31, '42
.
Feb.
In the following tabulation
during the year.
class is'given:
637
at
"explained
this
adequate
time
to
reserves
to the ownership that we
increase the dividend, pre¬
and
be
in
a
position
to
.7
-
:
7:
-r
orA."
''I
THE COMMERCIAL & FINANCIAL CHRONICLE
638
expand
and
for
the
after
long pull.
dividend
most
of those replying
18.8%
Only
and 6.4% express no opinion."
answering, 82% prefer General
now,
the
shareholders
Green Co., Inc.—January Sales Up—
(II. L.)
directors
—V. 159,
dividend of
7 declared a
Feb.
on
the outstanding common stock,
par $10, payable March 10 to holders of record Feb. 17.
This compares with dividends of 50 cents each paid on
March 12, June 12, Sept. 13 and Dec. 13, last year, and
in each quarter during 1942.
Payments totaling $3.75
per share were paid in the last peace years of 1941 and
75
cents
share
per
The
declared the usual- quarterly divi¬
The directors also
was
preceding quarters.
•
General
during the
Motors
as
war
in
Prov.
Whitney Twin Row Wasp
in high volume,
"
announced the Army Air Forces have approved
Net
350.-
159, p.
'
*
The offering was priced at $10¥2, with
special commission of 40 cents' a share.—V/159, p. 446.
The
directors
the
on
dend
of
cash,
at
the
stockholders,
rate
44/i,000ths of
of
stock.
share for each
.
,
made
were
series)
March
on
the
$6
June
1
on
1,
or
and
of preferred
share
-
-
44/l,00Gths of
Sept.
the corporation paid $2.75 in cash,
of common stock.—V. 159, p. 447.
1936,
or
5,513
66,156
will be made
Payment
March
10,
committee,
reorganization
at
1944,
48
the rate of $750
at
Bank
the
Wall St.,
of
York
New
$1,000 bond
for each
New
York,
of the
155, p. 361.
agent
City.—V.
RR.—Earnings-
Georgia, Hit.—Earnings—
Gross
from
Net
from
Net
ry.
1911
1941
$638,711
railway*./
1942
1940
$245,385
$130,362
$644,149
440,779
174,528
417,813
135,175
93,551
v 97,836
:•
From Jan. 1-
Gross
Net
Net
from
from
rv.
—V.
railway—
10,604,038
9,122,568
5,615,529
4,087,432
railway......
4,127,813
4,096,596
1,659,111
860,825
income....
3,564,793
3,678,644
1,437,454
744,358
oper.
159.
p
*105,439
*32,829
*3,444
4,925
Albert
since
Short,
has
1927,
Walter
of
one
been
the
founders
of
the
Chairman
made
of
the Board.
K.
President
Hardt,
former
of
Girard
Life
Philadelphia
since
President.
George A. Adsit, associated
of
agencies
tive
and
a
Vice-President:
The
'
:
above
'■ '
executive
succeeds
•'.%'/
Vice-
Short
*75,381
*69,241
*44,372
2,613,753
2,516,981
1,670,591
1,289,761
/
has
been
as
382,567
661,420
322,929
122,203
Feb.
on
1.—V.
elected
155,
Execu¬
502,
p.
y'¥?
103
*171.921
*38,541
262,705
35,581
(\V. T.)
Wis.—Bonds Called—
1944—Month—1943
and
*
v
interest.
r1
•
*
*
'
Feb.
on
stock;
$
Sales.. ..._..„.,9,476,971
—V.
S
S
V*
<
,
"
.1
,
V;,
declared
7
have been called for
redemption
as
trustee, One Wall St.,
of March
due Feb.
11,
E.
1' 17,
-
>
<.
'
M.
B.
Reynolds,
R.
W.
Vice-Presidents,
announced
was
on
also
Armour
1,
dividend
a
of 25
cents per
Revenues
Irving Trust Co., successor
New York, N. Y.—V. 157, p. 1180.
309,733
406,798
106,G75
108,713
17,424
.
19,053
14,236
Federal
excess
267,980
28,763
32,363
783,151
833,634
42,841
profits
17,646
296,249
^
100.130
taxes
...
Co.,
Mr.
H.
Walter
G..
also
directors
Jan.
.
Feb.
on
three
declared
dividends
of
159, P-
15
Net
p.
The
159,790,230 139,481,369
-
26,580,212
Z 6,041,626
5,956,921
38,260,956
581,99(1
334,448
income.:-
3,4762,31
41,007,920
1,071,697
..61,273
114,899
663,531
1,526,689
5,139
Nickel
—...
3,585,991
leased
fixed
for
etc.,
;
.../'
„
./•■
!"
"
-
;
•
v.
1,289,970
2,478,119
3,030,163
15,922,854
14,142,258
25 ,129,122
railway
railway______
;
An
::
1941
.1942
Ltd.—Dividencf
Feb. 7 declared
a
divi¬
the current dividend in
agency.
states: "At the time of the declaration
1943, common dividend, shareholder^
informed that the prospects of reduced earnings
December,
Telephone
1940
6,738,298
2, 311,668
G.
98,343,454
23,567,454
75,864,846
33,867,434
56,492,101
30,385,730
21 ,010,522
payment upon
:
&
Trust Co.
A.
Ogilvie,
;
•
5%
of
14,638,099
sinking fund income debentures,,
New York.
on
Checks will be mailed to
Leonard Jacob ,11.-
.
/
•;/.
General Director of
Deloraine,
director.—V,
a
Jaeger Machine Co.—Smaller
common
record Feb.
June
'•The
land
29.
Sept.
10,
'50 cents
Dividend Declared—
r
Feb. 5
stock,
10
no
10. last year.
In 1942, the company paid
and Sept. 10, and $1 on Nov. 25.
the company's stock are listed on the Cleve*
and Dec.
each op March 10, June 10
165.768: shares
and
^
declared a dividend of 37cents per share
par value, payable March 10 to holders oU
Distributions of 50 cents each were made on March 10,
directors on
the
the laboratories division
been
Telephone & Radio Corp., manufacturing affiliate, has
158, p. 2581. /%
'■//'/
Federal
elected
The
the
announced
was
Edmond -M.
of
110. /".
Bank
Corp. —New
New Director—1
2,352,416
122 274,463
33 ,323,273
4,300,279
'
income
interest
Telegraph
&
Appointed—
who has also been appointed Solicitor; Charles D. Hilles, Seoof the corporiation;' and Francis White/Vice-President cf the,
another I. T, & T. affiliate.
The Second Vice-Presidents appointed are F. F. Davis, H. H. Buttneiy
2,839,665
Sept".
National
Canada,
on
retary
$8,399,885
$20,164,132 $16,660,118 $11, 458,012
9,994,747
2,223,330
3. 115,675
1, 1954, equivalent to 1%
upon the face" amount of such,
debentures.Will
be
made
on
March
I;
1944. rat The
Commercial
due
of
International Standard Electric Gorp.,
/ 213,010,308 177,370,948
income.—
railway
railway.
159, p.
Co.
torney,
24,914,091
taxes/
and excess profits
Company Only
1943
December—/.
oper.
$38,052,02^
Feb. 7 that the board of directors has ap¬
pointed four new Vice-Presidents and four Secend Vice-Presidents of
this comoraticn.
The new Vice-Presidents are: H. C. Roomer, VicePresident and Comptroller of Federal Telephone & Radio Corp., a man^
unfacturing affiliate of I. T. & T.; W. H. Freng, Assistant General A%
It
40,836,945
" / ■' ./;
providing for Federal income
opei,
1944—12 Mos.—1943
$2,712,606 $41,501,855
/* '
the disbursement of
International
1,579,265
39,271,380
4,320,133
1,107,572
frcm
'
might require a reduction in the common dividend rate
in 1944."—V. 159, p. 110.
•
ry:
/: //
for
Earnings of
Gross
/■
'
1.408.290
5,183,291
'Air
charges
from
$2,587,292
:
216.
company
of the
43,544,768
5,259,927 Cr2,275,045
deducts,.™
income
from
1944—-Month—1943
r
-I.-...--.—
159,
company's Toronto, Montreal and New York transfer
agencies and at the equivalent in pounds sterling in re¬
spect of certificates issued by the company's London
16,849,651
charges.
Gross
2,422,401
448.
p.
Vice-Presidents
'After
1,105,58;^
390,048)
2,118,889 (
United States dollars in respect of certificates issued by
1943—12 Mos.- -1942
1943—Month—1942
V
Int.,
rent
railroads,
87,212
2,254,127
$27,338,156 $27,154,850
authorized
-20,339,887 247,637,580 213,026,422
available
fixed
,
.
11,998,218
income
Income
:
per share in the quarterly rate which has been in effect
regularly since 1937.
\
? The
Canadian Foreign Exchange Control Board has
per
expenses
oper.
ry.
:
989,121
15.43S
dend of 40 cents per share (in United States currency)
on the common stock, payable March 31 to holders of
record March 1.
This represents a reduction of 10 cents
and
21,068,824
Dr)
Miscellaneous
37,340
87,212
construction...-/....
Rate Reduced—The directors
revenues
accruals.™
tax
922
1,485
1,050,265
...
/transfer
Railway
of
International
/
h
producing
Central RR.—Earnings of System-
operating
operating
Ry.
aid
29,743
28,482
:
the
Period End. Dec. 31—
Ry.
in
Period End, Jan. 31—^
director,
cents
261,788
debt,...
interest '•
159.
Sales
8.
Illinois
241,348
construction......
on
advance
surplus
—V,
April 28 to stockholders of
record Feb. 21, March 21
and April 18.
A similar distribution was
made on Jan. 28. last, and in each month during 1943. / A year-end
distribution of 70 cents per share was also made on Jan. 28, this year,
31
162,871
Interstate Dept. Stores, Inc.—January Sales Off—
Bartiett & Co.—Three Dividends—
March
25,
254,050
59.4G0
liabilities.
surplus
Waiter Jr. have been
31 -by B. R." Armour, President.
that the company had been
8
for
premiums
25,817
254,838
/'///'/"
accrued
advances
Capital
-V.
a
14.425,000
104,822
Tctal
elected
•5,250,800
14,425,000
z.
and
Earned
announced
payable f eb.
share,
deposit
$1,054,900
£5,250,000
^_..I
Reserves
payable April: 20 to
was
$1,054,900
223/LII:
L
taxes
■Accrued
Evdnston^ 111.—V. 158, p. 2469.
and
Harris
•
and
Hibbard, Spencer,
The
—
billed in
Accrued
quarterly dividend cf $1.$0
the regular
Hotel Waldorf-Astoria Corp.—Interest Payment—
102%
IUL1II/1III
......I
I....
~
stock
Unamortized
share
on
1950, at
853,77$,
v
$27,338,156 $27,154,85$
Customers'
penicillin successfully on a- small scale at a plant near Princeton, N. J.,
since November.—y. 158, p. 1938.
•
%://■
G"/%
from
total
-.fu;
~"v637
refund of
Other cux-rent
Hey den Chemical Corp.—New Vice-Presidents, Etc.—
ry.
a
•
1942
350,000
Matured' interest
-'4, c
.
Home has joined the executive staff of this company as Viceand Assistant to the President.
He formerly was Secretary
A.
Net
1944,
•
.
Preferred/ stock'
President
Net
Great Northern Power Co,—Bonds Called—
There
$707,0l3
720,352
receivable
Customers'
(Walter E.J Heller & Co.—New Official—
V.
of $194,000 of first mortgage 5%
gold bonds
and interest.'
Fayment will be made at the
76.297
$628,010
receivable
Contribution
declared
also
directors
$
159, p. 216.
$578,324
$24,668,733 $24,514,123
Long-term debt
no par
share on the 6% preferred stock, par $100,
holders of record April 6.—V. 158, p. 2252.
154,204,452
-
9,381,840 163,983,419
$537,780
....
Government, securities
Common
share was made.
From Jan. 1—
1944—12 Mos.—1943
494,003
\
■
68,451
,
1943
Liabilities
;
5%
per
Net
Grant Co.—January Sales Up 1%—
$1,277,312
£04,875
Total -;
as of March 1, 1944, a total
sinking fund bonds, dated Sept; 1,
Payment will be made at the Marshall &
trustee, 721 North Water/ St., Milwaukee,
of Milwaukee,
158, p. 1133.
Net
Period Ended Jan. 31—
$1,201,336
504,875
Cr9,485
...
mortgage
The company has called for
redemption as of March 15. 1944, a total
Of $310,000 of its outstanding first mortgage 414% bonds, due 1.956,
at 102 and interest.
Payment will be made at the Bankers Trust Co.,
trustee, 16 Wall St., New York, N. Y.—V. 159, p. 8.
$1,073,714
44,643
Unamortized debt discount and expense..
Deferred debits
;
110.
value, payable March 1 to holders., of ree-/
ord Feb. 17.
A like amount has been paid each quarter since and inch
March 3, 1942, while on March 2, 1942 a distribution of 37V-J cents per
*Net
(B. F.) Goodrich" Co.—To Redeem $810,000 of Bonds—
1,558 169
-
S.
Post-war
called for redemption
first
the common
manager
''■//%%''://
effective
1,815.485
■
Special deposits
as
;V/■/;■
■
1937,
since
•/%
and
Mr.
2,014,049
supplies™
Investments, /general
Prepayment
;%/
income___
directors
The
on
Other
with the company since 1933
Vice-President
changes became
bank
1942,
June,
President
and
company
1940
$2 835 482
Materials.and
8,033
.
(net
Co., Phila.—Promotions—
1941
$3,016,822
$1,087,299
income
corp.
were
Girard Life Insurance
1942
504.875
Accounts
$369,865
$896,158
17,464
income—18,291
railway
oper.
'
$3,087,763
deductions
Notes
$104,519
income...
of
/'
—V.
1940
,
Company.
2,183,331
income
oper,
cash
.
J 941
1942
$255,589
p.
was found
with the
reaching agreement
Balance Sheet, Dec. ill
.
December—
in
$3,270,630
___
$301,483
$329,113
$54,624
$26,197
_
Approved—
delay
66,156
.
' y1
'
ir'" ,l\
•'
* %
V
4
"< 'Y
'v j / S { tU
Harbison-Walker Refractories Co.—Dividends—
elected
.
way were changed when it
Assets-
159,
was
1943
revenues
Interest
Other
Net
Bank
r
i
-
121/1,500ths of one share
company's plan to retire its outstanding 6% bonds of 1952 was
on
Feb. 8 by Federal Judge Calvin Chesnut in Baltimore,
before
$367,639
and Treasurer of Clayton Mark &
approved
or
166,049
$395,269
share of common
one
Georgia, Florida & Alabama RR.—Payment to Bond¬
on
170,481
$60,137
5,513
have been
at
'Mr.
Met
Net
$533,688
$74,000
% 13,863
$565,750
12,469
$44,179
railwayrailway._____
$43,000
Ilsley
it
The
% Calendar Years—
150,966
deducts.
l—\J
A^U
statement
Indianapolis Water Co.—Earnings—
225,000
[372,767
'
stock (optional stock dividend
1, last year, while on Dec. 1,
preferred
1943,
holders
341,367
Oper. exps., maini,, depreciation and taxes.
1943
oper.
ry,
There
of
preferred
one
in cash,
Distributions of $1.50
stock,
Operating
Hamilton Mfg. Co., Two Rivers,
stock (optional stock divi¬
March 1 to holders of record Feb. 15. In lieu
at their option, many receive common stock
convertible
payable on
Stock—
or
quarterly dividend of $1.50
the regular
declared
have
$6 -cumulative
series!
179,529
taxj
from
The
Corp.—Div. in Cash
General Shareholdings
registration
'
;
(no par).
A
Act.—v.. 159, p. 448.
*222,444
18,750
72,729
:
taxes
'Deficit.—V.
Offer¬
ing—W. E. Hutton & Co. made a special offering Jan. 9
the N. Y. Stock Exchange of 25,000 shares of common
indefinite
179,295
railway
from
Net
1"' *
■
Co., Inc.—Special
be
[255,290
stock
oper.
ry.
Net
,
on
a
1943—12 Mos.—1942
1942
26,750
45,149
railway-
From Jan.
Gross
Wis.—V.
-
American Investors
General
from
Net
involving
ment concluded;—V.
/v..
exemption.
°xr ^rtain accoun,in8 requirements under the Holding
I
110.
from
Gross
contracts
new
an
1,314,773
December—
'
stock
might
A
U.
millions of dollars for the cargo engine in
addition to the bomber engines' scheduled.
The automobile firm has
manufactured more than 35,000 engines for Liberators, the announce-
grants
year anc* an invitation for tenders
Two
1,982,369
273,000
Gulf & Ship Island
* "
>
i?
1944.
125,387
........Ziyi/
p.
:•
Utility plant
H. Curtice. General Man¬
ager of Buick, will be carried on in the same plants in Flint, Mich.,
and
in
Melrose
Park, 111., in which Liberator bomber engines are
manufactured, with many of the parts and sub-assemblies being pro¬
duced on the same machines and assembly lines.
Additional machines
to
accommodate
the design
changes are being installed and early
production of the new engme is anticipated. Mr. Curtice said.
He said that about 50% of fabrication will take place in the Buick
Flint plants, with the balance of mr.cnin ng, final assembly and testing
taking place in the Melrose Park plant.
The production will be
carried on
in
conjunction with bomber engine output which Will
Buick
159,
tv,.-
.•/
_
was expected early
strong banking groups had been formed to. bid on tha
bonqs, one headed by The First Boston Corp. and the other
by Halsey,
Stuart & Co., Inc.
;
manufacture a new high
corporation's Buick division is tooling to
was
tne, SEC
•
m
APia?u for *,ilPn<ring. I" this,
that there
$31,710
pfd.
on
,t
Company
unless
250,543
prof,
recently charged from Illinois-Iowa
was
•
$2,816,801
Netr income
Divs.
158, p. 2469,
company had originally planned to Invite bids: from investment
bankers under rule U-50. which
requires competition for all bond issues of
companies subject to the Public Utility
Holding
during
increased
]
other
and
of the company
;;g
: •
name
Co.)
$3,779,437
income
Gross
Int.
—V.
priority cargo plane engine of the Pratt &
type, it/was disclosed last week.
The new production, according to Harlow
It
[The
Fewer
'
v
fiat.—V.
,
$2.90,866
tax....!
of
lieu
dealt in
The
1943—Month-
amortization
Balance
with
and
expenses
excess
be
to
Co.—Sells
$366,621
income
Federal
Engine—
To Make New
continue
States
taxes
Federal
Power
Oct. 1, and June 1, 1944, respectively.
years.
pre-war
The
record of $177,467,049 on Dec. 31,
the year before.
1943 the company
Canadian Government securities more
a
over
premiums collected.
of ; insurance in force
&
General
'
later
United
revenue
peprec.
,%/'•'%//
/';%
.
Security Rulings of the New York Curb Exchange
be quoted "ex-interest" Feb. 29 and that
on
debentures
Allen Van Wyck,
President, said that proceeds of th<*
sale will be used to retire the entire series A
6% and
series C 5 % first and
refunding mortgage bonds on
disclosed that during
report also
Period End. Dec. 31—1
Operating
these
Bank, Guaranty Trust Co. and Harris Trust & Saving*"
Gulf Power Co.— Earnings—
time to time that the earnings
have been limited by the fact mat
or
receipts therefor, until such bonds, certif¬
receipts have been exchanged for the debentures,'
or
announced.
Bank.
the year to $552,954,634. the 1943 increase in this item exceeding the increase in 1942
by 76%.
Sales of life insurance during the year rose to $43,452,965,
an
increase of 15.1% more than the volume sold in 1942.
The com¬
pany has set aside $2,110,000 for dividends to policyholders in 1944,
and
has
increased
its
surplus
and
general contingency funds
to
$7,321,516.—V. 158, p. 2580,
Amount
matter of policy,
a
annual
in
on
The company has also
negotiated the sale of $5,000,-*
one-to-five year series notes with Chase National.
the usual quarterly dividend of
both payable Jan. 15 to holders of record Dec. 31.
during 1943 as follows: Jan. 15, $2.50; April 15, $4;
15, $2.50 each.—V. 158, p. 1347.
increase of $11,764,271
total
business
000
the
recently declared on
share was
per
addition to
in
of this company reached
84th
invested
than
have been advised from
corporation,
$2.50
15 and Oct.
an
The
voluntarily reduced lm l ate
of profit on production for war purposes to substantially one-half tnat
of pre-war normal as, measured by the rate of 1941.
Manifestly, such
a
policv would have no justification other than under existing cucumstances.
In addition to this, increased taxes have had an adverse
'effect on earnings. And there must be added the reconversion reserves
already mentioned.
While these adverse influences have been offset,
in
degree, by a greatly expanded aggregate volume, the end result
has been that earnings during the war have not equalled those of tne
the
of
$50,
par
Guardian Life Insurance Co. of America—Report—
1943,
Gross
of
stock,
Assets
iU
Chairman, in connection with the
/current declaration on the common stock, stated:
The increased payment does not reflect any important change in
the
basic trend of corporation earnings,
either currently or as to
the immediate future; but is solely a matter of. financial policy.
Over the past three years, reserves to cover the cost of reconversion
following the war have been accrued since such costs must be con¬
sidered an essential charge against earnings during the war.
Such
reserves as of Dec,
31, 1943, reached an aggregate of approximately
$75,000,000, equivalent to $1.70 per share.
V
,
In addition, the corporation has strengthened its financial position,
in view of general uncertainties prevailing, by retaining in, the busi¬
ness a somewhat larger proportion of its earnings
in recognition of tne
financial demands of reconversion and contemplated post-war expanStockholders
dividend
extra
and July
Alfred P. Sloan, Jr.,
.
registered 5,000,000
of filing
$1,50 per share,
Extras were paid
share on the $5 preferred stock, pay¬
May 1 to holders of record April 10. A like amount
disbursed on this issue on Feb. 1, this year, and in
dend of $1.25 per
able
shares ($50,000,000 value for
feei, of a par value of 1 cent per share.
Dis¬
is named principal underwriter—V. 159, p. 550.
has
company
common
of
$63,000,000 Bonds and $5,^
000,000 Serial Notes
The company has negotiated,
through The First Boston Corp. as agents, the private
placement with approximately 50 institutional investors
of $63,000,000 first
mortgage and collateral trust bonds*
4% series, due 1973, at 101 and accrued interest. DelivJ
ery is expected to be on or about March 15, 1944.
Guarantee Co. of North America-—Extra Dividend—
1940.
close
—
tributers Group, Inc.,
An
the
of
as
deposit
Committee
that
Illinois
p. 216.
computation
of
deposit
debentures shall continue
1944—12 Mos.—1943
" $4,118,743 /: $4,088,169 $66,257,242 $62,404,231
Group Securities, inc.—Registers With SEC—
011
debentures
1944—Month—-1943
Sales
Dividend on Common
General Motors Corp.—Increases
of
corporation
The
of
sinking
certificates
icates
.the
holders
Interest will not be paid upon the old first mortgage lease¬
fund gold bonds of the corporation, or upon ti$,
,
7%
rules
Period End; Jan. 31—
Stock—The
hold
550.
p.
registered
that day.
$50 per $1,000 debenture on class A debentures and
$1.5 per $1,000 debenture on class B
debentures will be made on
Feb. 21,
1944, on presentation of debentures for stamping.
Interest
payable at office of Robert Winthrop & Co., New York, N. Y,—V, 159,
Payment", of
Foods' present
practice of having directors who are not officers of the company in¬
vestigate and nominate outside auditors for the ensuing year.
The
firm of outside auditors then is chosen by the entire board of direc¬
tors, which is responsible to all stockholders.—-V. 159, p. 446.
Of
BR.—Interest Payments—
Green Bay & Western
products, equipment/
believe in prepajrifxg
advise increasing the
improvements in
investors also
through
war
Apparently
processes.
the
Monday, February 14, 1944
the
Cincinnati
of
Stock
Exchanges.—V.
.
159,
p.
551,
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
the
"•"Includes
Jantzen Knitting Mills—Earnings—
;
I
of
sales '
'
"
$3,485,484
$1,739,949
1,227,329
$1,477,264
1,356,732
$694,575
$512,620
50,759
43,441
10,422
10,437
$2,051,306
sales_____'___jY7~
on
expenses
$4,496,175
2,756,226
4,268,156
■
.
pross profit
Operating
1942
$6,319,462
;
_
Cost
$2,723,777;
1941
;■
1943
V Years Ended Aug. 31—
Sales
'
I
•___
_______
I
Operating profit, before deprec..
11nterest, dividends, discounts, etc._.
Pdreign royalties
;-
$264,080
42,331
$755,756
income
7,602
interest
,
I Fed.
:
& State
12,500
432,000
5.0,000
,
inc.
I Approp. for
& exc.
prof, taxes
contingencies
post-war
'
r'liv
i.
/
common
_
Balance
Assets—Cash
ables
(less
$182,466
37,500
90,000
$0.72
Properties
37,500
Other
rubber
packings,
industries;
3
plants,
it did not realize
because it seemed tije
1942,"- that
agreed jo
ijbe made with the/Government,
Provision
40
-Company added $3,060,000
war
conditions.
Against
syn¬
Vice
been
4 (4
record
elected
the
to
Kaylor,
A.
for
the
First
board
of
Gross
head
Prov.
Net
the
dividend
of
25
fill
dividend
♦After
preferred
$1.06 "A
of
1
to
The
the
unexpired
term
bids
with
Jan.
1,
of
"1942
*1941
'
trustee,
Philadelphia,
17th
1,
1944,
W.
Vice-President and
Edwards,
H.
'
General
and
Vice-President
of
551.
p.
;
„
f,
$1,031,702
♦Total
50,412
51,682
201,563
40,663
153,227
151,631
12,620
84,308
$244,101
$791,078
1944—Month—1943
'
159, p. 217.
Up 13.1 %—
' 1944—12 Mos.—1943
■
$4,449,296 $75,593,029 $64,821,743
.
on
$399,464
32,397
181,016
25,968
.70,000
285,000
91,314
$245,513
$141,704
$325,062
161,510
109,226
$0.52
:
225,975
207,277
.
cap.
'
$1 16
.
■
$1.24
been
has
20 years
elected
director.
a
and his been
Lone Star Cement
Est.
fund
a
Sheet, Oct. 31, 1943
$8,459,089 $29,676,128 $34,918,772
sales,
of
/
Operating
$202,350;
Total
♦Provision
Prov.
total,
158,
p.
$2,975,468
125,606
79,717
$1,672,463
______
taxes—
$3,055,185
806,529
399,497
•
1,632.056
4,018,607
6.753,718
395,264
493,892
2,012,815
2,259,981
Cr232,850
310,572
759,353
$1,162,087
$2,684,823
$3,443,339
948,597
$0.71
948,597
$1.23
948.597
■
outstanding
Earnings per share/--___
"Other .than
:..
which
those
tIncluding
provision
for
107,418,305
doubtful
to
tl943—-3 Mos.—tl942
•
profits
11943—12 Mos.—1942
$10,033,336 $13,204,430 $44,542,370 $46,886,239
3,445,923
438,766
3,082,317
450,609
13,702,111
1,678,031
11,226,362
1,518,187
3,697,000
•
7,000,000
19,650,000
24,000,000
and
taxes__
$2,671,504
$2,451,647
deducting
all
incident
expenses
$9,512,228 $10,141,690
to
217.
p.
requirement for
contingent obli¬
cost
Manufacturing
85,417,002
__
Depreciation
Depict.
mineral
Net
79,797,427
1,739,459
' 1,757,784
b
cbsolenc.
&
properties
92,852,483
71,535,106
of
Journal cf Commerce
.
the
of
1,
outstanding
have
1947,
been
19,244,051
993,584
1,652,329
25,472,588
-
863,184
redemption
for
as
—V'.
134,
18,801,864
Credit
■
141,237
.
150,000
Notes—
above
value
of
(2)
The results of the-foreign subsidiary companies included
(1)
figured at the average .exchange rates, except as to, the
for depreciation and depletion which is based on. the dollar
are
fixed
$3,056,000,
taxes
at
assets
for
Provision
of
time
the
the
for
taxes
includes
1943
inc.
Net
before
taxes
Prov.
for Fed.
19,244,051
for contingencies.
dian
inc.
&
&
3,060,000
25,619,825 Vl3,951,864
King Edward Hotel Co., Ltd., Toronto, Canada—Final
The
tors
representing estimated Federal income
taking credit for post-war refund),
the year 1942.—V. 158, p. 2254.
and
as
2,460,000
stockholders
from
Jesse
12
to
Andrews
'
first
and
final
announced.—V. T57,
J.
as
Miller
Jr.
Z.
Last
'
899.
p.
nated
yet,
M.
the
the
because
for
and
a
there
Nelson,
B.
Chlpman
N.
Lane,
still
new
$5
new
remain
Kobacker
'
Toledo,
Inc.,
Stores,
Ohio—Debentures
has placed privately an
5V2% debentures due
8,692,0711
Dec: 1, 1955, ' Proceeds will be used for corporate pur¬
poses.
The Marine Midland Trust Co., New York, trusi i 560,000 '
tee.—V.-158, p. 2582.
"
issue
of
income
(«Divs.
paid on
$1,000,000
sinking fund
Kresge Department Stores, Inc.—To Retire Shares—
The
13,370,000
4,655,280
5,570,192
5,967,145
corporation has
175,000
175,000
1,912,500
1,912,500
stock
485,625
stk.
306,250
2,550,000
of
shares
of
appropriated $525,000 for the purchase and re¬
4% first preferred stock of $100 par value,
its
jt-was announced on Feb. 8.
5,882,071
stock
com.
/^Earnings
*
Less
expenses,
surplus
to
from
holders
reject any
York
Curb
or
until
all bids,
Exchange.—V.
2
The company Will receive tenders of the
on March 1, and reserves the right
p.m.
according to the notice received by the New
158, p.
1279.
.
Interest
beneficial
by
been
about
discounts
3,482,692
3,110,895
$6.35.
$6.66
$6.35
etc.
allowances.
(no par).
tSelling. and
administrative
$600,000- for Federalrt'excess profits taxes
§On 850,000 shares of common
((Including $1,140,000 provision for tax contingencies.
including
under the Second Revenue Act of 1940;/
stock
(S. S.)
3,058,946
$5.27
and
I
stock
interest
issued
-
in
completely
termi-.
shares
stock
60,000
it
of
stated.—V.
was
'
2254 and 1279.
159,
\
.
1943
income
1942
$136,509
j
income
Total
L
•
8,116
$120,202
11,783
-
'
•
$144,625
$131,984
34,806
7
28,206
Deductions
Provision for estimated Federal
income
taxes__
1,000
1,378
$108,819
income
Dividends
$102,403
'
paid
assets
"On
share.'L-^-—
per
41,313 shares, Dec. 31,
Statement of
market
at
and 37,981
101,684.
$89.39
$77.95
shares,'Dec. 31,
1942.
$3,695,768.
quotations
(carried
accrued
books
receivable,
interest
of
-
$2,367;
/: :■;;
.
assets, Dec. 31.
the
on
$3,205,599), $3,593,368; cash in bank, $88,369;
$11,664;
receivable,
Liabilities—Reserve
net
103,009
____'
1943,
Assets/Liabilities and Net Assets, Dec. 31, 1943
Assets—Securities
the fund at average cost,
estimated
for
Federal
State
and
taxes,
$2,972;
total, $3,695,768.—V.'158, p. 2470.
$3,692,797;
1943,
Loomis-Sayles Second Fund, Inc.—Earnings—
Calendar Years—
1943
1942
$244,104
$244,433
,
Dividends
14,764
15,868
$258,868
$260,301
51,9^0
48.700
Interest—v
Total
Income
■
Kresge Co.—Regular Quarterly
Payment—
of 25 cents per share has been declared
payable March 10 to holders of record
Feb. 29.
In addition to four regular quarterly payments of 25 cents
each made
last year,
the company on Dec. 10, 1943, paid an extra
dividend of 20 cents per share,—V. 159, p. 217.
The usual quarterly dividend
the common stock, bar $10,
on
'_
Deductions
_'
...
Provision for estimated Fed.
Net
income
Dividends
"Net
asset
"On
2,337,500
2,567,780
share___
per
cash
Morris
Lcomis-Sayles Mutual Fund, Inc.—EarningsDividend
for
value
172,973
of
"
taxes„____
—__—..
_u_—10,541
$206,918
.
outstanding shares in 1943
Liabilities and Net Assets
Assets,
at
cost, .$6,300,165),
market
quotations
$6,434,025;
cash
Liabilities—Reserve
assets, Dec. 31,
for
estimated
1943, $6,579,223;
208,147
$3YOG
-
and 173,092 shares in
as
(carried
in
bank,
at Dec. 31,
Federal
and
books
on
$118,625;
receivable, $25,510; accrued interest receivable, $4,319;
net
$2M,061
208,835
share__„___/__/___-—$38.04
per
Assets—Securities,
ave
income
year__
paid
Statement
Bal. tc' earned
Tennant,
M.
9,252,071
tirement
';
D.
S.
L. Westlake and
common
stock,
common
pp.
par
J,
and
J.
1
trust /has-/not/:
voting
the
M.
L.
from the board.
stock represented
common
eliminated
exchanged
L.
while J. H.
dropped
552, 110 and 9; V. 158,
pp.
Lombardi,
Kemper.
directors,
However,
as
be
to
J.
were
was
place.
dividends
Placed Privately—The company
:
Net
Divs. paid on pfd.
excess
profits
compared with
have approved a reduction in the niynber of direc¬
Directors reelected
were
R.
P.
Combs, R. T.
new
summer
certificates
its
total,
642,955
1,459,889
*♦11,528,771'* *1'7,589,-633 1111,524,830
of
10.
and
named
were
•
principal distribution at the rate of 30,i Canadian
funds is payable upon presentation of the
refunding sinking fund
mortgage gold bonds, series 'A" and "B," due March 1, 1944, at the
National Trust Co., Ltd., 20 'King St:, East, Toronto, Canada, it is
A
prof.
taxes
:
-:SSS
amount
an
for
Demsey, A. B. Everitt.S C. E.
"Net
Payment to Bondholders—-
Cana¬
exc.
S-S-S
.(
acquisition.
year
(after
$5,789,000
Net
:
Prov.
contin¬
2534.
p.
1,379,316
■
other
or
and
sinking
G'/a ''!<>
10-year
called
at
:
835,792
___
income
/Corp.
Corp.—Notes Called---:
fund gold notes due
of March 1, 1944,
102\k and interest..:
Payment Will be made at The Chase National
Bank of the City of New York, trustee, 11 Broad St., New York, N. Y.
All
Jan.
^
Dividends received from
Johns-Manville
61,761,236
51,046,894
$3.63
costs
accounts
gencies.
Ljmffhlin Steel Corp. (& Subs)—Earnings-
operations, including pro¬
vision of $2,000,000 for contingencies' in 1943 and $1,000,000 in- 1942.
tSubject to annual audit and possible effect of renegotiation.—V. 159,
Expenditures
108,021,383
948,597
■,
$2.83
directly
charged
are
1533.
for
_
359,625
$9,026,817 $13,216,391
•
Cr205,305
/
depl/'
&
charges_
profit
accounts,
$8,627,320 $12,856,768
$675,975
depr.
tMiscellaneous
post-war
$2,226,771.—V.
for
for
$1,546,857
income—
income
provision
(including Federal
accruals
for
reserve
profit
Miscellaneous
Shares
against merchandise, $73,810; cash surrender value
of
officers, $75,841; investments, $501; fixed
for Fed.
prov.
♦After
1940
^Sales
with
1939.—
manu-'1 WW'V'/:/-S'Sl-• r
facturing & shipping
"4,296,271
4,709,392 ,18,215,201
19,058,337
Selling and admin, exp.
769,205
774,229
2,833,607
3,003,169
lives
Profit'
deferred expenditures.
At different times
'during the year amounts of cash totaling $10,000,000 have been
deposited in this fund.
In it, also, have, been included the company's
Rights to post-war refunds from U. S. and Canadian Governments.
Consolidated Income Account for Calendar Years
'
;,''\
establishing
been
1943—12 Mos.—1942
1943—3 Mos.—1942
$6,612,333
/ Cost
$150,000;
earnings
excess
may involve the expenditure
would have been made during
which
has
.He
Vice-President since
a
Corp.—Earnings-
Sales
Net
U.
$462,590;
$596,975;
for
2254.
p.
Period End. Dec. 31—
$366,489
income),
Willkie
E,
company
158,
$483,772
______
of cash, capital'expendi¬
this period had not war
conditions prevented,
and other capital expenditures whiqh will be
necessary for post- war development.
In January, 1943, the board of
directors concluded
to provide therefor,
in whole or in part, by
tures
abolished.—
was
Libby, McNeill & Libby—New Director—
$593,354
'
155,000
Deprec., depl. & amort,
of war emerg. facil.Interest charges
which
gations
'
.
Manager
Calendar Years—
\ash
': '
General
Manager,
SSwSrS;-SS'SS^i
.
$5,030,656
—V,
General
Long-Bell Lumber Co.—New Directors, Etc.—
recognized that such considerations make
statements of earnings less certain than under normal conditions.
have created an unusual future
Principally this requirement is of three kinds:
and Chestnut
of
it
to
*1940
$437,303
,
$778,458
/
period End. Dec. 31—
It must be
conditions
•'
until
will,
sale
Period End. Jan. 31—
'
advances
Jones &
■
*-War
111,000
on
•
,
Bethlehem, Pa.
at
office
159,
V.
1
on
C),
1934,
an
Jan.
Edward
adjustments and
rehabilitation, $208,852; common stock ($2.50 par), $672,958; capital
surplus (less $3,458.95 excess of cost over par value of treasury stock
acquired during the/ current year),
$333,504; earned surplus since
u
Co.
Pa.,
the
Sales
-Earnings-
Liabilities—Accounts" payable,' $212,132;
contingencies arising out
1348.
p.
is appointed Executive Vice-President and
office
The
V.
the
•
on
$0.57
dividend requirements and
A
Lehigh & New England Rli.—Official Promoted—
448.
p.
assets,; $186,132b deferred charges; $36,992; 'total, $2,226,771.
taxes
240,698
12 o'clock noon on Feb. 15, 1944,
funding and improvememnt mortgage
amount sufficient to exhaust the sum of $8,116.53, at
for
Effective
manufacturing depart¬
159,
year
the
shr.
insurance
Trust
Provident
receive
of
S. 'Government 'obligations
(Treasury
certificate of indebtedness (including ac¬
interest, $182). $50,182; savings bonds, series F, $50,288; ac¬
receivable
(less
reserves^
$69,798),
$385,409;
inventories,
counts
158,
Philadelphia,
Sts.,
has
$445,770
taxes_
paid'
$755,026;
$160,465
Lehigh Coal & Navigation Co.—Tenders—
how
111.,
8,842
Balance
of
class
1942
$401,163'
$202,779
$0.95
Lerner Stores Corp.—January Sales
company,
Barrington,
45,257
Assets—Cash,
crued
1943
$506,947
304,168
^
A—
and
shares.—V.
B
Manager,
$235,259
:
series
1943
$2,168,494
to
20
payable May
♦Company .only.
notes,
,
1944
$1,996,988
______
159, p. 551.
class
March
$0.91
for
per
stock
157, p. 1846.
7.9%—
January—
profit
'
"Earnings per class B
cents
March
follows:
as
$435,217
10,553
___
______
income
inc.
Earns,
to
of
company's
62,582
charges
Dividends
Contingencies
Deferred
of
sales.-.:
Net
17,461,641
S:
for
20,
prices not to exceed 105 and interest.—V, 159, p. 352.
payable
were
$100,
par
Bank
204,564
1
income
Income
Feb.
26 Weeks Ended Dec. 26— ■
after ail charges____^
,
14,379,898
quarterly
directors
$702,363
.
oper.
credits
Gross
holders
to
21
follows:
Profit
3,000,000
14,379,898
20,029,421
value,
stock,
National
of
.
S--
'S'SS*
■
improvements due to scarcities of labor and materials
idle
tplant expense in event- of a dislocation in the scale ol operations,
obsolescence of inventories resulting from- shifts in the character of
.demand, possible increases in uncollectible accounts due to extraordi¬
nary
economic
conditions,, settlements
with customers respecting
products which may become obsolete, costs of changes in personnel
;<lue to service with the military forces and shifts in the nature of
operations and for other contingencies, as nearly as such contingencies
for
usual
*1943
sales
expenses
Income
•
from
Profit from
i
Feb.
as
17,000,000
quarterly
par
Vice President.—V.
a
expenses
General
were
resigned.
Gerbosi,
profit
Selling
declared on the common
of record Feb. 10.
Pay¬
five cents; May 20 and
cents per share has been
payable
Taxes on income
4,131,059
many years connected with the
the
of
Years End. Oct. 31—
,.
that the war
^/process
Fund
/
war
17.
Jonas & Naumbiirg Corp.
the
foreseen.
a
no
preferred
April
ment, has been elected
be made to
be
of
Payments last year
declared
also
the
an
William
the U. S. Government, leduction in the stated value
of inventories in event of a decline in the costs of raw materials,
deferred
plant maintenance due to production peaks and shortage
of man-power, expense caused by deferment of plant development and
can
declared
stock,
6.
217.
159, p.
Langendorf United Bakeries, Inc.—Earnings—
829,727
3,100,63.6
6,312,024
out
21
common
March
President
W.
C.
the reserves were charged $877,865 re¬
Government, as explained above. . Thus, the reserves
were
increased in a net amount of $2,182,135V
uThese" reserves have been provided for-refunds of earnings which
may
834,007
17,000.000
Feb., 7
on -
the
Carl B. Thompson,
a
of all Amer¬
_
•
Month
Net
New Director and Vice-President Elected—
.
Government
to reserves; for
;_,v
3,000,000
_
directors
share
holders of
iof
to
•.y
433.435
cents, and June 21, Sept, 20 and Dec. 20, 25 cents each.
The
per
L
funded
v1' /■ '.v'-i
3,000,000
of record
decrease of 5%.—V.
a
Bryant, Inc.—January Sales Off
4% bonds to
excessive profits.
The refund was
best possible, adjustment that could
' ''
for
4,460,020
"si
Jewel Tea Co., Inc.—Declares Dividends—
of the statute requiring renegotiation of
xvdr contracts, the company refunded to the U. S. Government $877,865
'of its 1942 earnings (computed after allowance for taxes).
Of this
amount, $462,034 was paid in cash and the balance, $415,831, was
deducted from the post-war refund due from the Government.
The
amount of the refund to the Government was charged against reserves
for contingencies arising out of war conditions,
Johns-Manville reaffirms its belief, expressed in the annual report
for
;..
etc.
,
directors
29,
10 cents each, and Nov. 20, five cents.—V.
Lane
800,771;
440,367
arising
provisions
to
Aug. 20,
25,284,995
■
.158, p. 2047.
was approaching a ceiling.
The period ol
construction ended about. September, follow¬
ing which a war. economy based largely on maintenance and replace¬
ments
dominated
the economic picture,
and this was reflected m
Johns-Manville sales.
Instead of $13.4 billions of new construction
as in 1942, only about $7.4 billions was performed in 1943, the greater
,$)art Of it in the first half.
New home construction remained at very
low levels through the year generally, and at the end of the yar was
at the levels prevailing during the depression.
p. Nevertheless,
production of building materials continues to tax
Johns-Manville's plant capacity
because of the substantial backlog
of. unfilled orders and the maintenance and replacement demand.
,v ;;
Pursuant
par $2,
in
1943
ments
77,931
$78,660,466 $79,993,791
or
Refund to U. $.
self-in- £-v
surplus: (liU'Y
greater expansion in new
i-
stock,
4,349,007
_
surplus
Jan.
dividend of 7Va
A
161,373
_
stock
ended
La Salle Wines & Champagne, Inc.—7 V2-Cent Div.—
,
compensation
contingencies
Earned
high octane ^gasoline plants ancr other vital war
gaskets and brake linings for airplanes, trucks,
reached
had
95,526
contingencies
Capital
war
■economy
tax
for
Common
:
weeks
$9,315,741 $15,197,376
liabilities
workmen's
for
Reserves
Practi¬
though
.
1943
Kroger stores in operation during the four
1944, was 2,994 compared with 3,144 stores dur¬
number of
average
ing the 1943 first period,
433,435
23,324,003
882,168
•
on
ground for the accomplishments of Jchns-Manville and
ican industry during 1943.
,
V
ln the last quarter of the year many signs indicated
less
or
The
unconsolidated
conditions, etc.
Preferred." stock-
other
and
to
plants, less reserves
deferred charges
for
—
for ships
1944
$32,299,542 $30,800,259
Sales__-_-_-,_,___-_,_^___-_n____
1,188,237
.
current
Reserves
war machines; building products for military si1""0"
housing and ship partitions; Celite (diatomaceous. eartn)
products for filtering war chemicals, for camouflage paints and other
uses; and asbestos textiles for naval and ether war uses.
The demands of war
continued to lurnish the fundamental back¬
tanks
tures,
advances
and
.surance, ___________
.■
Reserves for product guarantees,
Brown, President,-states, in'part:
r:
'Sales in 1943 were $107,4)8,305, compared to $108,021,383 in
a
decrease of
$603,078.
About 75',/'
of 1943 shipments fror
factories in the U. S. were on orders bearing priority ratings,
thetic
Kroger Grocery & Baking Co.—January Sales—
11,055,532
,
11,493,670
88,099
taxes
Lewis H.
cally all other
shipments were for
essential* were not on a priority basis.
.
v :
Included- among J-M war products are insulations
1942
$7,273,747
159, p. 217.
4 Weeks Ended Jan. 29—
16,018,600
13,666,168
440,367
' s
and
Reserves
payable
the armed forces.
civilian needs which,
$8,625,160
—V.
—V.
Accrued
$403,867;
of these going directly to
1943
$8,062,830
1944
Sales
$78,660,466 $79,993,791
...
1
fund__
(including post-
Liabilities—
(banks), $400,000; trade accounts payable,
$147,380;
wages,
payroll
taxes,
etc., $130,050;
Federal and State
lhCome taxes, $440,340; other obligations, $41,250; reserves for post-war
contingencies and for other purposes, $113,686; 5f/o cumulative pre¬
ferred stock ($100 par), $750,000; common stock
($1 pari, sann.ooo:
capital surplus, $618,845; earned surplus, $1,158,296
V. 157, p. 165,
is
■
portion
self-insurance
expenditure
Total
J
receivables (less reserve),
$29,995;
$541,114; Hay den Island
Amusement Co.,
stock and secured advances (less reserve), $68,963;
'cash surrender value of life insurance, $199,073;
advance secured by
second mortgage. $60,000; bonds, $9,502; piant and equipment (depre¬
ciated cost), $679,980; deferred charges; .$83,796; patents ana trade¬
marks, $1,000; total, $3,999,847. .'
siderable
(S. II.) Kress & Co.—January Sales Up 7 %—
Month of January—
ad¬
80,000
t
Corp.—Annual'Report
9,241,000
11,511,085
.
receivable, less reserves..;..
Investments, at cost
in
Prepaid and
$1,469,723; miscellaneous
investment in subsidiary companies,
Johns-Manville
_________:
subsidiaries
$181,977
$6.72
1943,
$7,124,414;
$885,000;
11,834,041
Miscellaneous
•
$6,160; inventories;
Liabilities—Notes
notes
at cost'
compensation
Investments
•:—
and on hand, $446,676; customers' receiv¬
advances recoverable (war contract),
deposit
on
reserves!,
tax notes,
for. deferred
Fund
67,083
•
Aug. 31, 1943
Treasury
r/f/Wat.refund of excess profits taxes)
80,000
_
Sheet,
S.
Workmen's
.
50,000
37,500
share
on
.
taxes.
1943,
1942,
excess
Inventories
,
■
income
taxes,
none;
stock,'social
capital
Accounts and
9,019
9,623 ■;
46,312
'
60,365
23,800
228,000
$173,270
—
stock
per common
| Earnings
'
'
13,719'
.3,148
■
$0.68
on preferred stock
Imvidends
ft
"
Balance of net profit..____j-.___--
J Dividends
'
68,841
Reserves
i
18,438
w-707.
expense
Other■,items'
Depreciation
$314,014
$566,493
"
and
Canadian
profits
1943,
•
U.
Total
and
excess,
contingencies,'
tax.
profits taxes (1940), 1943, $311,371;
security, State and local taxes (U. S.),
and Canadian local taxes, 1943, $2,088,770; 1942, $1,960,626; total 1943,.
$12,248,332; 1942, $18,777,870; less post-war refund of excess profits
taxes, 1943, $719,562; 1942, $1,188,237; total, 1943, $11,528,771; 1942,
$17,589,633.
'■ (' 'Y/'Y ■
Comparative Consolidated Balance Sheet, Dec. 31,
Assets—
"... <:SS- SS'y-S,
?
1943
1942
Cash in. banks and oh hand—;
/
:
$9,750,506 $10,506,750
Federal
1,213,183
~
'
Federal
$3,001,518;
■
ditional F'ederal income
2,008,221
''
following:
1942,
■
$12,930,726;
1942,
1942.
1943
at
aver-
dividends
total, $6,582,479.
State
taxes,
total, $6,582,479.—V. 158,
$3,250;
p.
2470.
•
Lowell
The
(Mass.)
Department
Co.—Petition Dismissed—
has dismissed
members of the Lowell (Mass.) City
Utilities of Massachusetts
Public
petition of the Mayor and
the
Council
for
this
at
reduction
a
found
Department
time
in
the above company.
The
justifiable reason for ordering
or
modification of existing
charged by
rates
there
that
-reduction
a
was
no
the
rates
In
158,
.
..
March 1, 1944, a total
$50,000 of 10-year 33/4%. sinking fund debentures due March 1,
1953
at
103 and interest, through the sinking fund.
Payment will
be made at the Continental Illinois National Bank & Trust Co., trustee,
231 So. La Salle St., Chicago, 111.—V. 158, p. 2471,
V;.-;
Co,—Annual Meeting Adjourned—?;
company
called
for
of
Tons
Net
'
Corp.—President Resigns—
Brutus, President, has resigned.
He took over the presidency
1942, at^^ the request of the Navy.—V. 158, p. 2363.
Luseombe Airplane
Lee N.
.
income
in January, 1944 operated 201 stores, as against
in the corresponding month last year.—V. 159, p. 111.
202
company
stores
$738,008 $2,175,512
"Earnings per share
:
$0.98
$2.73
"On 798,000 shares of capital stock.—V. 158, p. 2582.
and
$713,615
$0.90
charges
the
1943
Manhattan
of
assets
net
Fund
from
year
906
tons
daily
to
show
p.
corporation has
(no
par).
Blyth & Co., Inc., N. Y., 20,790; Mer¬
rill Lynch,
Pierce, Fenner & Beane, and Lehman Brothers, both of
N. Y.,
10,000 each; Wisconsin Co., Milwaukee, 7,500; Dean Witter &
Co., San Francisco. G,0C0; Central Republic Co., Chicago, 4,000, and
Milwaukee,
Co.,
2,500.
:
v
V
will be
103,
•
P*
;
V*
%
^'
/'
+
A
35,782
18 300
16,000
$306,923
,.
1.
1ann
I
.
in nnn
7,300
$274,848
t360,000
1860,000
.
258k
47,'l07
10.000 ^
38,922
16 ono
18,30U
_____
$358,584
$319,152
360,000
...
360.000
.
•
'
,,
,
tFrom
,
,
,
*
:
'
n
iqIo"
11
.
,_
.
;?
——-—-—
■
Dec. 81
Balance Sheet
_
9,363
__________—_—_____
Apprec. during .year ended Dec. 31, 1943—
r
;:;
1.198,131
.
.
?■
$91,409
;
•—
At •L,ec> 31, 1942
,
,
$1,188,767
_____
i
1743
J*)
$667,507: dividends receivable and interest
?\slciIo„ie^r,J?wnc ' at cost' $6»089,079; furniture and
*1xtuiesf
"t2
total, $7,J76,13o.
4^
'
»
'
(
:," $2,204,807
' * *
1
^
r
$2,905,434 *
'
c ^
pl?i*
^
$700 927
905 434
$ (U0.921
{*''/'
t
n
%
'
*
i
Dr$2,859,508; total, $7,376,136.—V. ' 158, '
*
1
1
'
/
'
I,
$350,000,000 in Goverfiment bonds Of the Fourth
it was announced last week.
v.
157,
Per
to the six War
Bond
995.
p.
(Va of V/c account interest deficit).
l 4Va%
will be paid on the Boston bohds (2% account
and 31/2% ■ will be pajd on Haverhill No. 2 bonds (1 %
interest deficit).
1 bonds
sharg
net
on Fpb. 4 reported that total net assets of National
series
$5 gg
$5.28;
against
v.hu'e
asset
D'
on
income
of
(hp
31
.
rpsneriivn
-.040
series, ,$4.i9,
v,
•
.
The
'
-W
-
Mining Corp. of Canada,
;
«
t
'.stock se.riejs, $2/75, against $1.90,
against $11,29.—v. 158, p. 2583.
i.
Lt<J^-Quarterly Report-r-
of
approximately
12*/o.
low-priced
international series
_
tonnage
pared with the previous quarter,, with a
on profits.
The ore treated was ^somewhat higher in, copper than the
average for the preceding nine 'months, while ihe, zinc content was
unchanged.
Estimated operating- profit for the year was $536,600..
sinking >ndL a. ginialli?.amount, of development work
during the period.
Shaft. sinking was delayed duo to
which has been successfully sealed off.
•
will
be issued se.mirannualiy. Jri future,: instead of
carried on
flow
a
of
This
water
report
158, p.
;
Operating
Prov.
March
Prov.
,
?
___
depreciation.
lieu
in
37,500
4
.
.
-
tax____j'
income
of
178,'860
349,026
«
taxes
Federal
April 1 4% will be paid on Haverhill No. 3 bonds (lf/al? account
interest deficit); interest in the amount of $60.28 per $1,000 bond will
expenses
for
General
' 36,000
^
114,064
35,056
taxes—
.
.
.,
.
,,;,.
-
- •
VT
-
•
•
$3,279,885
t$1.49
-r-.*
.
4.
;
$3,664,701 $11,698,362 $11,929,867
1$1.66
t$5.30
£$5.41
„
^From operations and income from interest and dividends after
deducting cost of sales, selling and general exoenses, depreciation and
depletion, etc.,-but before interest charges and Federal taxes on Income
tOn 2,206,267 shares.
£On 2,205,667 shares.—V. 158, p. 2583.
,
.
540,291
concern
163,042
—
operated
was
405,448
-
j
company
-
fining &
152,427
(381,981
v
4
432,000
450,000
* "(578,778
'
'
.
National Tunnel & Mines Co.—Proposed Merger
$420,406
$469,637
7'
An agreement is understood to be' under negotiation whereby this
will offer one of its shares for each four shares of Utah
Metal & Tunnel Co. outstanding. > The two companies own adjoining
mining lands in Bingham Canyon, Utah. The property of the Utah
.1943—12 Mos.—1942
$5,452,549
$4,627,553
2,944,254
2,129,316
<1943—Month—1942
_______
———.
,
__
Mississippi Power Co.^Earjriings—
revenues
-
•
■
.
.
7ct Profit —_____—
Net profit per share—
,
1939.
Period End. Dec. 31—
Gross
$13 67
'
Profit ..before Federal
taxes
—_______ $11,229,885 $14,714,701
$38,048,362 $42,229,867
Prov. for Federal taxes
.
on income _—
:
7,950,00 11,050,000 26,350,000 30.300,000
Jerome—Shaft
was
V
common
Period End. Dec. 31—
1943—3 Mos.—1942
1943—12 Mos.—1942
"Profit
______ $11,666,631, $15,219,940 $39,801,943 $44,101,413
Interest charges ______
436,746.
505,239
1.753,581
1,871,545V
treated as comconsequent unfavorable (effect
the
in
?WS:
against $3.48;
and
n
Corp.—C6nS°lidated Income Statement
•
„
decrease
f
vpov
n
1
Metals—Mining operations were resumed in" the Monarch Mine.
Grade of ore treated was- slightly higher, in both- lead and zinc, as
compared with the previous nine months..
Estimated operating profit
a
70
1943 states in
quarterly report covering period ended Dec,-31,
PaBase
in
1943», comPared
Vprioc
inst
'
i*/r«
2364..
p.
«
^)8lia^ ^ealrago ^?nSs?of'84?°
'
made by this company,
total subscriptions made by. Metropolitan
'
,
v
National Securities & Research Corp.—-Net Assets—
The corporation
•
-
no. par share), $4,500,000; capital cur'
^Pl"^income, $632,352; profit and loss on securities ^
Pald from' security profits since March 1; 1931,
$24,000; capital stock (360,000
=
Decrease
1943
-
204 807
'
subscription for
ouu.ooo.
interest deficit)
account
38,052
tax
v??? ????'
.
"«,vf
*
Sales Off 24.1%-—
I044
;
quarterly.—V.
Massachusetts Cities Realty Co.—Interest Payments—
Philip B. Jameson, Treasurer and Manager, states in the company's
1943 annual report that on Feb. 1 interest in the amount of $46.94 per
$1,000 bond was paid on the first and refunding bonds ($21.94 repre¬
sented full payment of interest deficit) and 3% was paid on Haverhill
On
•'
000 Additional Government .Bonds-^-
,
price to public is to be filed by amendment.
Proceeds
added to the general funds of the company.—V. 159, p. 9.
The
No.
1,232
$376
on
development
minimum of
a
1,495 ■
on
u
of hydro-electric
power,
due to
unusually light rainfall In the district during- the fall months, resulted
With SEC—
registered with the SEC 60,790 shares of com¬
Names of underwriters and number of shares
purchased by each follow:
Milwaukee
$404,806
•.•?
(computed
'
the year was $111,800.
,
Normetal—rAn
extreme
shortage
stock
be
to
■
•>
This brings
1939.
mon
witft
■1
.
$326,630
•
securities sold
____—
—
(2) Aggregate unrealized depreciation in-value of securities
.y ©wnea as^pomparea - with cost:
for
Masonite Corporation—Registers
The
-j
War Loan has been
bringing policyholders' surplus to $21,582,623.
Stewart McDonald, President and
Chairman, in the annual report
said that the company had 1 educed from $5,953,220 to $3,630,200 the
amount of mortgage debentures on which the company still remained
liable for interest but not for principal to 1953He added that reserves
had been set up out of the year's earnings for the company's interest
liability to maturity on the remaining debentures outstanding.—V. 158,
p.
-
Of this force only 47 were
reduction in tonnage milled
a
Month of Januarv—
$387,973,
of
surplus
to
1
9,492
$363,275
_______
inc
has- been able
operating profit under the conditions.—V. 158,
small
a
tons,
for Fed
to the mine management that.it
Sales
and of
reports net premiums of $31,320,813 for 1943, a de¬
net underwriting profit of $3,169,178, and an addition
2V2rt< ;
of
crease
even
1640.
•
result.was.
to 576
19,943
5,992
-
the basis of everage costs) carried to profit and loss
•
.?„.''.?
.
115 in Dec.
The
15,338
'J
1940
$367,540
.
Notes—
$39,176
Metropolitan Life'Insurance Co,—Purchases - $350,000,:from
increased
$15,893,000, a gain of more than $5,000,000
in terms of percentage.—V. 159, p; 111.
company
states:
162 in Jan. to
is very creditable
It
/Maryland Casualty Co.—Results for 1943—
The
Secretary,
11,175
surplus income.
9,000
-
1941
$384,139
12,025
"without giving effect to results of secnrHiPg
$48,176
$35,256
.
asset value .v.
Dec. 31, 1942.
1942
$294,662
(1) Realized net loss from'sales of securities
$69,3.18
$13,590
.
income
*iNet ^come
~
■
7,250
4,000
•
...
net
on
---
$44'~35 'Dividends
3,932,
emuwnUi
$42,506
$73,318
basis,
$20.19
11,375
rr0V' Ior"ea- inc- tax-
S44 245
$39-920
2,586.
$72,808
510
-
prov
187,021
.
and
Liabilities—Dividend payable Jan. 15, 1944, $54,000; reserve for taxes
to
nearly 50%
$14'4^
2,105
$13,590
write-offs
bef.
Whittingham,
from
Increase-
Bond
<G0q2n
,
Melville Shoe Corp.—January
1944—12 Mos.—1943,
$2,236,970 $37,665,323 $32,789,527
Manhattan Bond Fund* Inc.—Assets
in
wsnsi
revenue-
available, for the mine.
159, p. 217.
$10,884,000
186,984
1943
1043
$336,561
sec—a
on
Expenses
$23,1,Zoo
No tax provision has- been set • up as it is deemed problable that
special write-off arrangements will render tax liability negligible.
Operations were severely affected by loss of men to-the armed
services and munition plants.
The. operating force was reduced during
1944—Month—1943
$2,401,400
184,058
Totaj
-mi 266
0/14
divs;
interest on bonds
50,003
—_
Up 7.4%—
McLellan Stores Co.—January Sales
Period End. Jan. 31—
Sales
—V.
$2,300,044
$2.88
$22b,904
profit
operating
Estimated total profit
Provision for taxes-
after 'taxes
profit
30,
Income Account for Calendar Years
•
>,
,
^ °th" ""me
1940
-
comparable
On a
Sept;
on
Cash dividends ?______
Taxable
,
the
Mclntyrc Porcupine Mines, Ltd.—Earnings—
1943—3 Mos.—1942
1943—9 Mos.—1942
$250,804
nrnm
nnaraHncr
Est.
Period End. Dec. 31—
Net
1941
50,402
Devel. and oper. costs__
H.
1942
$3,818,887
1943
$4,322,736
1944
$4,176,070
1942
86,338
.
«oo«
Sales Off 3.4%-—
McCrory Stores Corp.—January
Month of January—
The
'»
Mines, Ltd.—Earnings—
1943
54,o91
135,012
_
produced
Profit
Sales
$24,21
was
.1
1
'
$146,497
ore
Non-operating
I in April,
i,"
31milledfrom metals
3 Mos. Ended Dec.
on Jan. 29 advised stockholders that its annual meet¬
Feb. 8, would be adjourned to Feb. 23.
This action
was taken because of shortages of man-power in the company's offices
which makes it impossible to have the annual report ready for study
by the stockholders
before the scheduled date of the meeting.—.
V. 159, p. 44J.
The
sjiare
per
.
'
Matachewan Consolidated
ing,
4
'
1734.
p.
Lukens Steel
value' of its capital stock.
■
called for redemption as of
been
have
There
of
•
schedules.—V.
''regulated investment company'*, and may increase the "declared
of Debentures Called—
Master Electric Co.—$50,000
Light
Gas
of
194?
Monday, February 14.
FINANCIAL CHRONICLE
THE COMMERCIAL &
terminated.—V. 155,
Mining
under
Co.
lease
by
the
Aug.
until
up
15,
United
States
1943,
when
Smelting.
the
.
-
Re-
lease
was
2369.
p.
On
be
paid
the
on
Lowell
deficit).—V.
interest
bonds
158,
($35.28
lull
represents
payment
of the
Gross
Int.
Alkali
Works
Calendar Years—
Net
of
1942
$18,206,004
__
goods
(Inc.)—Annual Report—
1943
sales
Cost
sold____
other
$48,106
deducts.
9,131,274
10,069,804
Neisiier Bros., Inc.—January Sales Up 413%—
$.968,072
286,777
20,693
$47,044
20,693.
stock
$405,664
,
Net sales
$681,294
248,316
;
Balance
\.
7,194,103
$3,859
159,
:
profit
sell.
tising
$6,172,682
$6,260,211
$6,402,393
1,589,540
1,596,821
1,408,231
$4,605,234
$4,670,671
$4,805,572
$3,828,600
174,431
193,872
14,220
117,876
adver¬
from
Net
works
from
operations
Earns, from other oper.
ry.
Jan
from
Gross
Net
Total
for
Prov.
?
$4,779,665
$4,861,543
contingencies
for
and
Net
from
earns.
operations
Prov.
deprec.,
$4,819,791
$3,946,477
from
ry.
—V.
250,000
obsol.
depletion
1,829,078
1,835,666
1,800,026
$2,778,877
$3,019,765
$2,198,751
178,424,500 111,900,737
103,657,770
-77,313,745
35,298,784
87,124,189
20,036,510
23,033,729
10,083,018
7,607,404
3,958,066
,
-
railway— 227,793,238
railway—
— .
49,309,302
34,574,379
income.—
oper.
Ry,—Earning^ip
credits
Inccnie
;
95,622
73,135
77,249
56,125
$3,046,209
$2,852,013
$3,097,014
$2,254,876
Income
223,047
195,826
203,386
137,435
charges
Fed.
for
Prov.
inc.
profits
excess
Net
ry.
and
taxes.
*1,550,000
*1,450,000
1,150,000
$1,206,187
$1/743,628
dividends
Preferred
IEarnings
"After
per
166.439
166,439
166,437
828,171
931,709
1,449,363
166,439
1,242,320
$1.34
___
$1,26
$1.90
$1.72
share
ry.
post-war
War
tOn 828,171 shares of
refund.
common
•
*
Assets—
Dec,
81
,/
Cash
'■
1943
$3,643,681
U.
S. Treasury
U.
S.
certificates.
Treasury
Notes
and
tax
trade
(less
1,400,000
receivable..
"Property
Devel.
Deferred
Sinking
1,350,000
67,077
66,946
1,616,280
2,281,859
2,405,528
1,072,014
17,050,995
236,566
322,204
214,348
Net
:
fund
1
v
^
Liabilities'—
®J'45
„
Accrued
____^
payable
Reserve
payrolls, etc..
charged to customers
$654,648
:
*'
1
Free
319.697
1,757,479
323,943
410,870
contingencies___;___?^„
Miscellaneous operating reserves..-/.
tCommon
stock
($100
410,870
330,826
l.
356,908
2,377,700
;
IIIIIII"I_IIII"IIII_
:_____
Surplus appropriated for
retire"
of
"pfd? stock.?
■
2,377,700
15,464,213
par >
stock
surplus
company
Fourth
Feb;
on
War
15,464,213
4,732,021
4,453,468
1,244,106
1,244,106
—$27,461,197 $26,924,224
"After reserve
and
V.
$22,521,275
for
depreciation, depletion, etc.. of $20,864,073 in 1942
in
1943.
tRepresented
159, p. 217.
by
1,516
3 418
70,057
1*439
■£
L,.
—
,
,
■
$204,740
$202,540
149,116
130,743
$o5,624
1—
' f $71,797
—
„
ec. 31-.-—-—
,
Balance Sheet, Dec. 31, 1943
Liabilities—Accrued expense,. $1,987; provision for»Federal taxes.
$3,417; net assets on the basis of carrying -securities at auoted market
prices, equivalent to $11.93 per share for 237,738 shares of $1 per value
•
^
each, $2,851,457; total, $2,856,860.—v. 159, p. 218.
'
--
...
^
^
New England Gas & Electric Association
i
i-
-
Output
Lewis. W.
Loan.
/
.
.
Nashua Manufacturing
Arthur Warner,
Co.—New Director—cu-ft-in the corresponding week a year ago..
senior partner of the investment firm of J. Arthur
has been elected a director and.
Warner «fc Co.;
rnminfKPP -V .
committee.
1^9 ,
n
i.
January Output of Electricity Up—Gas Output Lower
member of the executive
,T:kL
,
^
828,171
no
par
shares.—
Corp.—Annual Report—
••
^
I
quotations
15
c»»nts
P"r
on
Dec.
31,
share
on
taxes
had
1943,
the
on
.
amounted to $8,496,267, equivalent to $23.60 per
shares of outstanding, capital stock, in making
deduction -has been made for Federal income
profits
realized
on
tax
that
31,
$194,000, or 54 cents per-shaye.
If it is hereafter
realized, it appears improbable that the corporation w'll become, liable
for such taxes since under existing - laws it may elect to become a
approximately
ago*-..:.
.
•
.
New
-
.u,
on
.
,
-
»
,,
production of 52,958,483 kwh. for the corresponding month
•
"
:
.
.
England
.
1943, nor for "declared
such appreciation.
If this appreciation
date-, these taxes ,Would have amounted to
on
,
: * ?
• •
-x\
crease
.no
unrealized appreciation as of Dec,
excess
been
,
Gas. output for January is reported as 671.873,000 cu.rft., a de-of 7,314,000 cu. ft., or 1.08% below production of 679.187,000
Cu. ft. in the corresponding month' a year ago,—V. 159, p. 552.
owhe'd on;Dec, 31,; 1943. at their value based on >
that date, and after deducting the dividend of
pavable Jan. 15.. 1944 the net-assets of corporation ;
on
360,000
commit at 09
tb's
year
«»
n...
Taking securities
.
For the month ended Jan. 31, 1944, this Association reports electric
output of 54.596,134 kwh.
This is an increase of 1,637,651 kwh., or
; /
218
o.
National Bond & Share
.
market
value"
Total
''
$127 627
during year^
ja
^6 550
—
$131,383
71,797
45
-
announced a subscription of. $55,000,000 to ;-c
Douglas, President, said that the ?
For the week ended Feb. 4, the Association reports electric output
Mutual
Life's
U.
S.
Government bond holdings have increased by
of 12,659,555 kwh. This is an increase of 435,860 kwh., or 3.57'l above
$310,344,000 since Pearl Harbor,
production of 12,223,695 kwh. for the corresponding week a year ago.
The company commenced business on Feb. 1, 1843.—V: 159, p. 111.,
;
..
Gas output for the Feb. 4 week is reported at 154,227,000 cu. ft., an *
;
*
•
-<
increase of 6,238.000 cu. ft., or 4.221? above production of 147.989,000
The
the
$535,529
1,927,116
(returnable)-:
for
Preferred
-
^
taxes,
Containers
.
.
^
Accounts
^4 600
1
4
$154,320
Assets—Cash in bank, $193,004; dividends and interest receivable,
$8,046; receivable for shares of beneficial interest sold, $1,191: securities owned at quoted market prices (cost per books, $2,786,442)- V
$2,654,619; total, $2,856,860.
t
Insurance -Co.. of New York—Purchases
Life
Mutual
•
$55,000,000 War Bonds—
J.
* $27,461,197 $26,924,224
Total
®?;24
.
Undistributed balance
—
tOn 391,254 capital shares.—V-, 158, p. 2583.
dividends paid
.
,
$267,032 ?
$94,412 ??$568,749
?__—$313,288 ?,
.share—_ ^ $0.8Qp;
per
^Adjusted.
$160,260
.
970,000
1,950,000
T-——_________
^
475,540
and processes—.
charges
profit
iEarnings
234,780
475,540
for products
1,015,080
15,673,765
__
account
expenses
.
1943—9 Mos.—*1942
$2,518,749
$1,237,032
.
$2,386,870
1,646,348
reserve
Inventories
Investments
4,943,625
2,963,011
1,430,896
' '
—-—
.
1942
750,000
notes______Z.?___
acceptances
receivable
Accounts
75,493
Corp.—Earnings—
after
r
,
••
/
201,783
5,921,429
3,679,575
1,989,771
1943—3 Mos.—"1942
charges..?' :$1,363,288
$444,412
Fed, .& Can; income &
excess
profits taxes.
1,050,000
■
350,000
stock.
,
——
Net Income —
j,—
—_
Previous Undistributed balance
Adjustment of reserve for taxes
i
Portion, of net receipts from sales and repur*
chases of shares of beneficial interest allocated for participation in undistributed inc.
1
Total
———
—
.
Motor Products
___
1
165,666
Period End. Dec. 31—
have been realized during the year 1242 cn our war materials contracts.
Balance Sheet,
10.
p.
Income
1940
319,380
•
Allen
,*
1,504,772
income—
oper.
159,
Profit
Renegotiation
■
states;
We have received clearance from the Chairman,
Department Price Adjustment Board, that no excessive profits
M.
1,234,482 :
'
$352,936
,
Cash
.
E.
6,937,074
4,608,58 1
'
•
$535,358
$1,587,812
_
dividends
Common
6,301,309
3,512,403
railway—
railway——
from
Net
529,628
$1,273,162
income
232,951
from
Net
>—V.
Net
250,406
income—_
1941
.
From Jan. 1—
Gross
.
Prov. for Fed. normal income tax & surtax
•
$510,256
280,730
71,175
oper.
.
,
.
,
1942
-
$533,694
railway—
from
Net
income
Total
-1943
-
railway—
from
Gross
.
_
Total
December—'
oper. ':
from
earns,
..
.
.
^
(Exclusive of realized and unrealized gains and losses on securities)
C^le?daJ Ye,ars1943
1942
V
divlden^
——
$151,592
$128,764
lnterest on bonds
8,668
25.556
159, p. 552.
•
Net
,-
$0.12
p._ 384.
New England Fund—Earnings—
2,387,123
^,714,271
9,253,330
1,848,388
1—
Monongahela
1,747,726
$2,950,588
______
3,263,179
'
SR9 597
$7,861,401
2,035,876
railway
income.—
oper.
From
1940
v
»
1713
'
II—I—Zl'I
"Excluding $4,885 earnings of Canadian subsidiary.—V. 159,
RR.—Earpmgs—
December—
1943
1942 ;
1941
Gross from railway—— $21,020,276 $17,249,595 $10,250,238
Net
Earns,
1942
$1,821,165
i
Earnings, Three Months Ended Nov. 30,
Missouri Pacific
$5,23G.832
1,567,449
&
expenses
1943
$2,082,482
"Net income
Earnings, per share, class B stock
,
Gros3
1944
$2,168,524
Nestle-Le Mur Co.—Earnings—
$432,978
111.
p.
'
•
_
_______—
~v- f59» P- "*•
.
Admin,
'
..
Month of January—
1940
1941
$16,330,015 $16,533,667 $12,430,935
12,033.322
■
$653,980
248,316
$67,737
$24,552
.
pfd.
on
33,745
'
■
income
Divs.
$934,493
280,513
$101,482
23,555
•
.
Net
Mathieson
income
and
1534.
p.
:
""
Power
.
'
Association—Output
r
.
106%
I
The Association reports number of kilowatt hours ^available for its
«Syo/o
fnJTho t^t- pnHpri'^h r iqii
' C?Ui%red
with 64,952,787 for the .week .epded Feb. 6, 1943, an increase of 1.06
_„?^?„compara
^
^L
ended Jan. 29, 1944 was 66,L 1J0an- 11L<Lr«ase °*
,c. 9ver Jhe correspond.ng week last year,
—159, p. 552.
»n
-
.
Up
„
*
Volume 159
,,
Number 4^5'
THE COMMERCIAL & FINANCIAL CHRONICLE
ft. ft New Rochelle Water Co.—Transfer
The
Guaranty
Trust
Co.- of
York
New
ft agent for the preferred stock.—V. 155,
share,.-or $7,965,000, including accumulated dividends to
Dec. 15, 1943, still unpaid.
1
;
The North American Co. owns all of the preferred stock and 80.62ft
Agent—ftft*ftftft
appointed transfer
been
has
of $132,75
1413.
p.
of
the
New York, New Haven & Hartford RR.—-Bonds
Privately—
<
Placed
ft,
;
stock.
common
under
direct
its
Pflugfelder, Bampton & Rust announced Feb. 4 that they have
placed privately $8,000,000 4'ft
debentures of 1957.—V.
159, p. 11,
384, 584.
•
per.
American
owned
with
a
ownership of the sucrities issued and
corporation. In August,-'1943, North American
the
sub¬
plan of reorganization to
the Commission designed to Accom¬
plish the purposes of the Commission's order. The plan is now pending
before the- Commission.'*
V/.
ftftftft'->ft,
;
"ft'; 'ftftftftftft-)
t\
'
As
of
Nov.
$5,974,300
compared
as
during
depreciation
the
a
operations amounted
securities
of
earlier.
year
to
I1
>
totaled
and
year
$2,050,288
at
'
reduced
was
■
Treasury
as of Nov.
30, 1943, against
realized losses incident to portfolio
after deducting profits of $209,447.
$351,595
,
Dividend income of the corporation for the year amounted to $405,-
*,
591.
Net
income,
operating
taxes
amounted
exclusive of net losses
to
$64,691, and provision for Federal
to - $19,586,
leaving net income of $321,313
sales of securities.
Dividends were distributed
were
expenses
on
Distributions
>
Nov.
the
on
30, 1943, were
Series
several
follows:
as
,
Series—
-
'ft
'
ftftft ,ftft
*
;May;25,'43
,
—
'
>
Business equipment industry
Chemical industry
—
I
0.22
_—___
_____
0.12
Electrical equipment industry
Food
.Insurance
/
stocks
industry
Public
0.16
-
—•_
0.18
— —
0.13
0.14
0.18
0.03
0.14
.0.14'
0.11
,
..........
0.09,
0.15
—
'
Railroad equipment industry------
0.20
Steel
0.17
,
—
It is the opinion of
.
in
1943
poses
but
shareholders
to
and- that they should
rather
been
the management that; aU of the dividends
non-taxable
are
used
requested
not
the
from
be
the
reduce
to
cost
for
reported
Federal
income by
as
stock
the
of
held.
Sheet, Nov.
identified
from
due
*
J
cost
of
brokers
specific
certificates
(securities
sold,
228,720;
stock
special
income
paid-in
surplus, $39,787; security profits
of cost of securities over value
r
will be
of
Operating
■'
expenses
tOperating
Net
will
•
Total
at
be
15,
The
last
,
year,
ft
.
the
compared
an
week
with
increase
of
\
1
.
5,
for
159,
Feb.
14
for
a
Exchange'appli--
61,547,130
Stock
Preferred
on
.
(net)—,
1,705,251
Dr247,013
740,838
31,046,052
X>)'821,645
ft
11,088.460
7.725,567
35,942 584
30.224,407
971,610
1,142,178
4,242,037
4,865,903
10,116,850
6,583,389
31,700,547
25,358,504
7,372.750
6,319,500
26,331,250
25,278,000
2,744,100
263,889
5,369,297
of
...
Total net income.....
"Dividends
ft
*
_
bonds
in
or
fore
the
$5.50
registered
of
Canada
the
in
with
the
SEC
Cities
$18,000,000
preferred stock
be
to
are
dend
stantially
all
periods—V.
Electric
which
of
159,
Protective
paid
was
Co.
Y.)
(N.
of
accumulated
from
$2,028,000,
earnings
Offering, prices of both
prior preferred stock
redemption of 91.055 shares of
date.
If
made
are
no
conversions
additional
securities, and:
Dec.
exchange
to
the
plan
share
per
'mort¬
first
sale
The
distribution
stock, received
tional
in
shares
shares
this
of
to
the
such
is
Since
•
this
bonds
and
extra
an
the
record
In
dividend
at
$110
per
preferred
being
Trust
usual
loan,
shareholders
in
stofck,
addition, the
of
$2
Sales
—-
accordance
will
of
.
$5.50
than
inc.
tDeflcit.
of
with
directions
will
carry
11,308
7,393
41,314
31,335
$7,495
$668,190
t$30,109
for
ft
$166,366
'
2,006
test.)—J:
'
-
2.454
'
69,000
period.
Nivelle Corp,—Tenders Sought—
The
Manufacturers
N.
Y.,
to
it of
at
until 3 p.m.
first
prices
not
Trust
(EWTi
Co.,
on
trustee,.
Feb.
The
Deo.
Beaver
45
St.,
received
bids
New
York,
for the
posit $13,380 for the above purpose.—V.
11.
The trustee had
31,
of the
sale
$95,360
of allied
$5,041
$418,497
t$53,913
$119,343
ft $115,743
12,611
t40,C22
!
1
$28,871
$.27,587
4,978
1,764
ft
cos.
totaled
increase
an
special
$2,521,443,
of
$138,581
miscellaneous
'
42%
Herman
J.
best
Pelstring,
in
years
on
$945,783
$0.83
also
$384,421
The
an¬
President,
pointed
out
in :U.. S.
during the
churches,
p.
found
that
ft
year.
dwellings, -mercantile
their
to
profits
amounted to $887,635
1943,
preceding
taxes
for
the
amounting to
special class risks
of
as
.
Dec
31,
Government
of
first class risks,
establishments and
Balance
(Excludes
this
L.
Period End. Dec. 31—
'''•
1
"
*'
■
ft
■
of
lumber
and
woodworkers.—V.
I.
RR.
and
B.
E.
&
158, p. 2050.
$3,028,734
Government
Notes
and
securities,
accounts
at cost
-ft
operating
ft.
revenues.'
expenses.
American Life Insurance Co., Chicago—Reports
for 1943—Declares Two Dividends—
The
reports assets on Dec.
company
$14,848,133
a
year
earlier.
Capital
31,
ft
'
•
with $1,065,526.
for
total
a
of
Insurance
force
were
increased
Expense advances to and accounts of
$78,988,277.
1943—12 Mos.—1942
.
^
ft'-ft. ■ ^
' y-j'ft
S
84,132.450
72,860,888 981,609.323_840,031,165
59,220,523
49,912,102 665,453,308 555,750,454
»!**
Aug.
l.
;-.-,ftft
-ftftftft.ft';'-^ftftft'ft) :X-VbA''t'iv^
783
for
the
amounted
preferred
1942.
Valuing
A
to
dividend
$272,049
of
for
$255,000,
stock.
.
security investments
on
1943,
or
$4.25 per share,
"'*ftft-
the
compared
as
basis
-'
with
was
■.
of
Dec.
?
$265,-
paid
-
on
ft;
31,
1943, market
quotations, the net assets of the corporation amounted to $5,075,897,
equivalent to $84.60 per share of its preferred stock outstanding, as
compared
The
"
with
$4,095,805 or $68.26 per share on Dec. 31, 1942.
preferred stock is entitled as of Dec. 31, 1943, to a preference
;
•
ft .ft-.
'■
4 '
1 -v
'
•
.
ICC
on
liability,
employees
Philadelphia
20,448
dividends in
Jan.as
trust
The
applicant
250,320
44,807
1
..
HI
for
Provision
Reserve
$26,681,218 $26,720,872
trade and
preferred
Fed.
for
for
miscellaneous..!.
$933,824
profits
737,219
taxes
msurance_„__-_„__-
Reserve for product guarantees,
Reserve for
contingencies.....;
(par
cumulative
'•Common
Earned
preferred stock
surplus
'
158,
p.
2257. '->•
Co.,
as
with
10,150.521
11,417,316
3.073,891
127,286,070 145,059,2.99-
$100).
,
-
...1
the
sent
invitations to
exceeding
issued
at
by
100.739
certain
obligation
$4,155,000
the
Fidelity--
and
accrued
equipment,
ft
for the
bid
were
received
from
three
groups
representing 22 participants.
The most favorable bid received was that of
Halsey, Stuart & Co., Inc.,
and associates, who agreed to purchase the
certificates,
at
the
rate
of
dends.
representing
mately
2.15ft..
2Vi/<ftper
an
annum
annual
cost
'ft
Reduction
the
In
six
years
1938
to
1943
141,663
comprising its system effected
in
600,000
and
2,380,400
10,666,170
10,666,170
10,664,909
10,242,747
20.
not
be
the
410,670
£26.681.218 $26,726,372*
of
to
and; sold
assume
Bids
129,271
2,380.400
O,
"
-
to
company
respect
trustee,
600,000
?
the
procurement of
Commission states:
' 682.000
i.'^'Represented by 476,013 shares Dec. 31, and 476,062 shares June
—V.
ot
in
guarantor,
415,750
.
stock (no par)-*
Total;
authorized
150,000
*
etc.'
4ft-
23,804
109,141
excess
taxes
compensation
$1,450,146
23,804
stock
income-and
other
14,285,730
13,112,656
6,285,843
2,033.104
proposed equipment
trust certificates to
78 banking firms and insurance
companies, the
bidder to specify the dividend rate in
multiples of one-eighth of I'/i.-
dends
on
13,772,527
21
connection
7,055.988
Dividend
501,596
certificates/ series
Trust
6,630,524
Liabilities—
portincome
and
report
payable,
684.091
137,989
.
Equipment Trust Certificates—
The
$3,271,672
8.290,060
Accounts
924,450
.351,809
ft:
income.
oper.
equipment
8,460,350
Prov.
Net
ry.
1,091,066
1,182,018
rents (Dr)_.
400,000
....
North American Utility Securities Corp.—Annual Re-
*
^
facil.
Net
taxes, ft
taxes..
rents. (Dri..
The
Total
.
22,948,786 316,156,015 284.280,711
5,628,481 155,335,031 104,434,824
924,438
12,103,311
10,144,860
8,376,518
insur.
Patents, at cost, less amortization..!
30,345
__ft
A--1
Prepaid expenses and deterred charges_„_192,501
recently declared two dividends of 16
each
on
the capital, stock for 1944, the first payable Feb.. 7 to stockholders
of record Feb.
1, and the second payable Aug. 7 to stockholders of
record
Joint
24,911,927
oper.
—
retire,
3,987,040
Goodwill
com¬
$4,000,000
ft
cents
directors
The
ended
Unemploy.
Railroad
Equipment
3,406,537
Capital assets (net)
,
$1,218,908
about
$164
ry.
taxes
900,000
Investments
1943, at $15,923,147 against
and surplus
in
Railway
$830,480;
from
ry.
4,569,005
12,702
.
pared
Net
2,857,056
receivable,.
Inventories
sft North
157,
ft :<
RR.)
1943~iMonthr^l94:2
...
operating
Dec. 31, *43 June 30, '43
,
S.
of
including schools,
factories, in ad¬
Sheet
Assets—
U.
of
increase
557.
t
1
total
a
an
^
months
year.
1943,
bonds,
,
Pennsylvania RR. —Regional System Earnings—
against $703,294 in the like period
Cash
de¬
six
$521,443,
addition, the company set up a
$150,000.
pointed out that 1943 was one of
,
company insures all kinds
dition
to
amounted
reserve
In
1942.
invested
was
further1
$1.89
excess
provision
company's history. ' Total dividends paid to
organization of the company amounted to $11,paid since organization totaled $15,389,211.
Mr.
losses
and
Pelstring
$2,472,349
and
1943—6 Mos.—1942
$1.05
share_
com.
No
the
since
Ry.
$419,211
.ft
■
1943—
Voluntary
over
reserve
Ry.
$520,181
Consolidated
mortgage sinking fund loan certificates due May 1, 1952,
to exceed par, exclusive of accrued interest.
Notice of
acceptance of tenders was mailed on Feb.
..
23,805
.ft
.
company
holders
subsidiaries)
1943—3 Mos.—1942
-
9,693
240,000
in its 49th annual statement of condition for the'
year ended Dep. 31, 1943, shows total assets
amounting to $4,828,065,
compared
with' $4,596,414
the
year
previous.
Surplus
to
policy¬
.
Dec. 31—
Note—Income. and
_•
1944,
10,
per
domestic
>$68,836'
"
$ Adjusted.
650,402,
no
$615,568
158
Pennsylvania Lumbermens Muinal Fire Insuraiice Co.,
the common'
on
$860
6,478
Philadelphia—Reports Gains in
provided
heretofore
$6,641,193
6,296,339 ft 6,710,029
Note—1943 Federal income tax rate estimated at
excess profits tax required.—V.
158, p. 1769.
the
Trust
$6,911,907
for
convertible
those
•
inc.ome.ft__
to
Subs.)—Earnings
6,210
income
inc.
"Net
be
After all charges, including Federal income and excess
profits taxes.
:
24,
issue.—1-
14,807
cos..
charges for dcpletion & depreciation
■
required from the
for the purpose.—V. 159,
this
terminated, and
wholly-owned
profit.
Earns,
A—V. 159, p.
this
on
1943—12 Mos.—U942
1,536,065
$145,349
allied
taxes
(&
.
wet
of
value,ft-
par
distributions;
company on Dec.
share
per
dividend
no
13% Similar
,
(Including
Month of January—
$552,478 ft
quarterly
common
March
1.626,600
SAfter
exchange and of cash in adjustment of frac¬
made upon surrender of the certificates for
has been
Trust
fend.
Increase*
*
stock,
the
of
other
sums,
bank
new
taxes.
Income
f!Net
-
share
$3
ParaHme Companies, Inc.—Earnings—
(J. J.) Newberry Co.
.:
.::ft;ft.''^'; 'ft-
':
1943
1943—3 Mos.—11942
$1,771,949
$1,536,925
profit
from
Income
stock
activity except the completion of the distribution to shareholders,
is the final report to the shareholders.--V.
158, p. 2473.
prior
2,309"
$74,559
1943
1944
outstanding
preceding quarters.
and
exps.
Charges
nounced.
.
the
on
to holders of
earnings
Gross
sub¬
reorganization of Old Colony Investment Trust
Corp. dated pet. 29, 1943, has been effected. '
General Capital
$72,250
,
declared
3
Period End. Dec. 31—
Operating
of
of
31,
.
Feb.
on
paid
Sundry
the property of this Trust to General
Capital Corp.
for -shares of common stock of that
company pursuant1
transfer
in
sub¬
of
Sheet,
January—
in
Oper.
Old Colony Investment Trust—Final
Report—
The
218.
p.
$29,135
-ftft;;" ft:': ^ 'ft'.'ftftftft'ftft ;:ft,;''.'
Balance
policyholders
that
Holmes
from
$15,044
Pennsylvania Coal & Coke Corp.
of
for
offered
convertible
redemption
new
1,592
$26,858
,
directors
Gross
Bank
company's general funds and will be available
585.
%■
and $2,394,000, respectively, for
the three months and the 12 months ended Dec. 31, 1943.
Similar 1942
reductions were approximately $227,000 and $794,000.
tOther income.
net for 3 and 12 months ended Dec. 31, 1943, includes a special divi-
"
$15,044
.
made
Royal
new
and
preferred
the
by
.rating taxes of approximately $891,0C0,
\
$2,973
1
will1 be
of
$73,842
S.
year,
".
preferred stock.
$6,380,000
$26,858
159,'p. 219.
redemption as of March 1, 1944, a total
mortgage sinking "fund bonds due March*: !,
interest, out of sinking fund monies.
Payment
'$50 par, at $55 per share, or $5,003,025. grand
total, $35,964,840.
The
amounts required for such purposes
will be reduced to the extent the
$5.50 convertible prior preferred is. converted into common stock be¬
earlier periods.
■
U.
cents
first
The
and
the
shares
to, include only
booked
$15,044
$30,279,014 $29,726,536
were
,
153,153.108
the, applicable portion of certain adjust¬
period but applicable in whole or in part to
tThe provisions for excess profits taxes for 1943 ($15,-.
421,140) and 1942 ($7,788,672) are after deduction of the total excess
profits tax credits of $1,713,460 and $872,777, respectively.
Company
used all of these credits through debt retirement.
Certain transactions
which did not directly affect income nevertheless resulted in a
net
reduction in Federal income and excess profits taxes included in operAdjusted
ments
»$2,973
called for
4 ft
at
7.976-
ft.......:
6,852
.
75-Cent Distribution—
*
V.
p.
Balance
39,479
105,334
land,
2194.
75
Light & Power Co., Ltd.—Bonds Called—
103% .and
made
14,293
39,893
2,277
payable March 31
80,504
—
deductions
9.355
' in
"'ft-y The
applied to redemption purposes as follows:
$16,500,000
mortgage bonds, series B,
due Aug. 1, 1655, at 104V2 and
$3,678,000 of first, mortgage bonds, series C, 3ft, due April 1, 1956, at
154V4;
payment
of
$3,500,000
bank
loan;
redemption of
58,000
52,633,642.
35,201,746
6,633
35,618
w$2,973
Month of
first
7,972,580
8,379
(J. C.) Penney Co.—January Sales Up 1.86%—
bonds series due-April 1, 1961, and 180,000 shares of
preferred
stock, series A,, cumulative (par $501,
The names of the underwriters
are to be'supplied
by post-effective amendment, '
•
,
14,184,920
5.997
4
-yftft'"
p.
amendment. "
Net proceeds, together with such
additional amounts up to $6,500,000
as
may be required, and obtuined from the proceeds of a new bank
9,383,209
income
12,645
4,929
•
-
$104,091
*
\yill be'supplied by post-effective
16,099,424
taxes
,
'1940
$119,874"
banks,
$37,490;' accounts and notes receivable,
Government securities,
$150,000;
crude oil inventory,-.
buildings and equipment (less depreciation reserve of
$59,165), $125,669; oil reserves (less depletion reserve of
$78,309),
$222,936;" prepaid expenses, $2,422; tolal, $547,229.
ft;
Liabilities—Accounts payable, $3,482; accrued social
security taxes,
$394;
accrued corpoiate
taxes, $2,019; accrued expense, $2; unsold
crude
oil
inventory, $900; capital
stock, class A (99,955 shares),
$599,730; capital stock, class B (261,111
shares), $2,611; capital sur¬
plus, $352,357;'!earned surplus, D?$414,266; total, $547,229.--V. 158,
'«■.
ject to the competitive Bidding requirements of
th.eCommission.'---. - TheV
successful bidder will name interest rate on the bonds
and dividend
158,769.419
39,729
loss
$7,813;
gage
The
38.961,509
37,623
10,783
1941
1
drilling'- loss
$900;
the
Co.—Delisting Hearing—
from
'.The company has
surplus
1943—12 Mos.—1942
42,523
ft
*Divs.
$9,-
41,021,206
-
36,052
45.827
Assets—Cash
585.
p.
1^42
$119,517
charges
Net
,
*
1944,
,V
-
1943
26,661
expenses
1
Feb,
7.0ft.—V.
'
y
office
»Profit.
kwh.
purchases by
the smallest.
five
6 ,.852
taxes..!!
Loss
159, p. 112.
ended
131
and
-
.
.
1943, to $32.75.
39,661,000
company
*
(Del.)-—Weekly Output—*
for
company
as
this
$311,783
■
rev.
Net oper.
Ioss^l!....
Other, revenue
liquidation'to
Net
Yjcungstown RR., above.—V.
other
and
&
and
1175,
p.
that
There were
.
largest trade
..
Depl., depr. and amort.! .ft;21,541
,
prior
j
Dec.
sales and
Interest
Oklahoma Natural Gas C».—Registers With SEC—
61,119,009 255.518,295 236,832,802
income
Interest
at
as
share
the
....
Halifax, •
Charlotte-town, Saint, John, Quebec, Montreal, Ottawa,Toronto, Hamil¬
ton, -Kitchener, ■ Winnipeg, - Regina,
Calgary, Edmonton, Vancouver
and Victoria.—-V. 157, p. 557.
dividends:
66,503,839
operating
tOther income
J
strike
$54,000
,
1957,
loan
revenues
Oil
Other
W. B, Mac Indoe, Secretary, on Feb. 7 announced that the
directors
have declared .the regular
quarterly - dividend of $T per share on the$4 prior-preferred stock,* payable March 1 to
holders of record Feb. 15.
—-V. .159,- p, 218.
Co.—Earnings—
1943—3 Mos.—1942
Period Ended Dec. 31—
week
' -
•
,
to
rate on
Operating
30,904
was
,
Operating expenses
Development expenses.!,
and
surplus.
on
disclosed
2
Penn Valley Crude Oil Corp. (&
Subs.)—Earnings—
A dm.
,
pur¬
surplus,
for
shares
585.
p.
6 Mos. End. Dec. 31—.
together with cumulative
Northeastern Water Co.—Dividend
excess
New York Telephone
158,
capital
Feb.
on
Sales
-(deficit),
thereof based on
closing market quotations, Dr$928,322; capital applicable to common
stock (1,000 shares $1 par), $1,000; total, $6,068,105.—V. 158, p. 195.
$3,353,510;
*
There have been
$987,625;
$1),
(par
•
10.429
159,
last
$21-,389;
received
were
firms;
.
Liabilities---AppHcabie to special .stock: due to brokers (securities
purchased, not received)*. $16,879; payable for special stock redeemed,
not
received, $47,638;
accounts
payable and accrued expenses and$241,287;
$5,-
listing and registration the -4'.'2ft-*:first mort¬
gage 30-year
refunding, bonds of Northwestern Telegraph Co.
Since
Western Union Telegraph Co. now holds
$1,443,500 of the $1,500,000
outstanding, the $56,500 publicly held renders ''distribution of' the*
security so ihadequate as to make further dealings ,«.
inadvisable,*?
the Exchange application said.—V.
159, p. 12.
receivable^ $90,978; receivable t from;wholesale distributor for speciah
stock sold, not delivered. $11,303; prepaid and deferred items, $106;
applicable to common stock: cash on demand deposit, $1,000; total,
$6,068,105.
taxes,
$1,965,000.—V.
or
Nova Scotia
delivered),
not
which amounted
output of this
42,435,000 kwh.,
Cation
$5,704,529)ft $5,776,207;
held,
to
entitled
are
Securities and Exchange Commission Feb. 4 set
hearing in its New York office on a New York Stock
123; securities, value based on closing market
of
credited
The
1943
30,
was
Northwestern Telegraph
cash on demand deposit, $167,quotations (cost on basis
Assets—-Applicable to special stock:
of
arrears
corresponding
ft duly advised when the ruling has been received.
Balance
the
share
**t'' ."t-'i
•
stockholders
ruling has
Stockholders
Department.
Treasury
A
reduction
Electric
paid,
tax
income
the
stock
totaled
0.18
0.29
0.34
-0.30
0.40
0.15
—
total,
capital stock of the corporation, not allocated
Northern States Power Co*
0.29
0.13
0.25
industry-
Tobacco industry
.
of
See Akron Canton &
0.46
0.30
0.33
0.22
0.12
0.24
!
$28,748;
•
0,28
.
Bids
47
Northern Ohio Ry.—Title to
Properties Transferred—
0.36.
0.12
.
cash.
$6,000,000,
—
utility, industry
Railroad
amount
per
0.21
0.68
0.25
0,17
0.40
0.22
0.24
——
indebtedness, $129;
shares of second preferred
preference of $100 per share or
Totals
$0.38
0.44-
0.18
0.18
— —
bonds
'Machinery industry
Merchandising
Metals —'
Oil
0.13
industry...—
Government
President,
a
—V.
-
a
—
NoVv25,'43
$0.21
0.26
0.11"
0.33
0.12
0.05
0.18
0.10
0.11
.1—$0.17
distillery industry—...
0.18
Automobile industry
0.10
Aviation industry ft*!—0.35
Bank stocks ____i.-__y_ft__.i-.--~_ ft
.ft 0.13
Building supply industry.
0.12
Alcohol and
of
-
outstanding stocks, namely second preferred stock
stock, was reduced in 1933 from $5,850,734 to
$1,500,000
dividends
Agricultural industry
1943
60,000
-
Paid
-
the
common
ended
year
—Distributions
"*
,
the
fiscal
the
during
81,
Liabilities-~Capltal stock .(2nd preferred stock, 60,000 no
par shares,
entitled on liquidation
to an aggregate of $7,965,000) and common
stock, 466,548 shares (no par), $1,500,000? capital surplus,
$3,385,248;undistributed income
(since Dec. 31, 1932),
$155,220;ft.dividends un¬
claimed, $304; taxes accrued, $19,336; total, $5,060,108.
v.v/ftv.ft.
between
ft.Distributions
V.
Dec,
.
The amount of issued
shareholders
during the year in the amount of $294,776 and the
Undistributed balance in the income account at Nov. 30 was $39,787.
■
certificates
060,108.
$1,121,966
by
Sheet,
Assets—Investments in securities (value based on market quotations,
$4,977,693), $4,942,264; U. S. Treasury certificates of indebtedness (at
cost), $50,000; dividends receivable, $38,966; interest accrued on U. S..
ft*.
.
Balance
Powley,
the
.
$928,322
Net
'
11
the corporation stood at
the close of the previous
of
net
With
,
Unrealized
■
assets
$5,246,592
the
1943,
30,
fiscal yearc
v
'
New York Stocks, Inc.—Annual Report—
641
Paramount Pictures, Inc.—Special
Offering—A special
offering of 30,000 shares of capital stock (par $1) was
made Feb. 8 at $23% per
share, with a commission of
45 cents, by ftMerrill
Lynch, Pierce, Fenner & Beane.
The offering was completed in 19
minutes.
property
Co.
' 3
3
.
Southern
California Telephone Co., had agreed to
comply
ruling of the California Railroad Commission that intrastate
long lines' rates be reduced $3,803,000 a year,—V.
159, p. 385.
Public
indirect
or
by
mitted
R.
and
of
North
11(b)(1)
section
3,,. 5;
Pacific Telephone & Telegraph Co.—Rate Cut—
N.
r
Co. has been directed
by. the;
Utility Holding. Company Act
among other things to sever its relationship with the corporation by:
disposing or causing the disposition in some appropriate manner of
SEC,
;
-
at
the
hands
purchased
a
cost
of
of
the
from
public
the
$28,234,557.
a
in
public
at
to
.'ftftft
in Debt
the
amount
guaranteed
in
of
and
applicant
■;•; ft
applicant
reduction
the
100.739
the
and
bearing
divi¬
accrued
divi¬
of
approxi¬
ft
other
companies
funded
debt outstanding
$131,781,611, or 11.8ft,
stocks
of
lessor
companies
During the same period the property invest¬
by $175,560,487, or 6.4ft.
With the exception of
assuming obligation in respect of certain equipment trust certificates
the applicant has not issued
any new securities, and none were issued
by subsidiary companies of the applicant, except in a few instances,
in
which outstanding securities were refunded
to effect savings
in
interest through reduced
interest rates.
The ratio of
publicly-held
ment
was
increased
;
investment has been reduced from 40.64%
1937, to 33.70% as of Dec.: 31, 1943, while the interest
payable on such funded debt was reduced from $46,388,419 to $41,674,080, a difference of $4,714,339, or . 10.2%.
In 1344 $13,280,000 of
long-term debt and $8,234,000 of ^equipment .trust certificates .will
mature and must be paid.
•
' %/, i
funded
of
as
debt
to
property
31,
Dec.
cash in the
payment
of Federal income
for con¬
tingencies in the amount of $126,328,016, or total cash resources of
$167,773,129, - Obligations to be met in
the year 1944 consist of
Federal income and other taxes estimated at $150,000,000; 1944 ma¬
turities,
including long-term debt and equipment obligations, $21,-:
514 000'
and estimated canital expenditures, excluding that part of
the'cost of equipment to be financed through equipment trust cer¬
tificates, $35,000,000; total obligations, $206,514,000; excess of obligations
over immediate
resources, $38,740,871*' This statement of cash
position does not include estimated net earnings for the year 1944,
of
As
31,
Dec.
amount
1943,
had net free working
the applicant
and special reserves set aside for the
and other taxes in 1944 and 1945 and
$41,445,113
of
earnings and cash set aside from depreciation and
amortization that the applicant will be required to make provision for
Federal income and other taxes payable in 1945, in addition to main¬
taining a reasonable working cash position for the payment of a
reasonable dividend and providing for the contingencies of the post¬
war
period.
The showing which the applicant has made as to the
as
it
from such
is
debt, the very sub¬
the same period, the
reduction in interest on publicly-held funded debt, as indicated above,
together with the proposed payment during 1944 of $13,280,000 of
long-term debt, or an amount more than three times that of the
proposed certificates, in our opinion warrants the granting of the
publicly-held long-term system
in property investment for
of
retirement
increase
stantial
159, p. 585.
requested.-—V.
authority
Lines—Earnings—
1943
$691,471
*28,098
Net
from
Net
ry.
railway.—
income—
oper.
1942
$701,715
104,224
1941
$526,321
*24,763
1940
$449,127 :
*119,205
194,492
*38,468
*162,702
*260,396
■
From Jan. 1
from
Net
12,276,737
3,240,779
Net ry.
9,390.227
2,103,086
*204,517
*990,589
income.
oper.
"Deficit.—V.
159, p.
6,016,902
7,629,929
1,114,399
843,339
railway—
railway——
from
Gross
*404,028
*2,490,314
12.
Co.—Secondary Offer¬
ing—A secondary offering of 9,350 shares of common
stock (no par) was made Feb. 3 by The First Boston
Corp, and was subscribed for in less than 10 minutes.
The offering price was $65 V2 per share, less $1.50 per
Pennsylvania, Water & Power
finally approved.—V.
Pittstoh Co.—-Hearing Feb. 14 on Exchange
Marquette Ry.—Equipment Trust
47.
P.
Certificates—
Jan.
on
Debt Reduction
of
of
program
Post-War
1942, •
that
of
in
and
bonds,
1943,
$8,491,700, being
a
appointed
equipment trusts of 1944,
Bank & Trust Co., New York, has been
Continental
The
159, p. 452.
Perron Gold Mines, Ltd.—Production—
of 1943 amounted to $255,927 from
Production for the fourth quarter
25,519
in
milled,
tons
milled
third
the
which
compared with
$300,865
quarter,
from
$235,916 from 28,062 tons
30,023 tons milled in .the
milled in the first three
quarter and $333,387 from 33,556 tons
months of 1943.—V. 158, p. 1941.
second
partment
The
Alfred R.
Dr.
Dohme,
Dohme has been elected President of this corpora¬
to
1^29 Dr. Dohme was President of Sharp &
L.
1911
From
tion.
Inc., of which he is still a director.—W.
146, p. 286.
directors have declared
The
capital stock,
distributions
1942.—V.
payable
Feb.
made
were
21
each
dividend of 25 cents per share on the
a
to holders of record
quarter during 1943,
Similar
Feb. 10.
and
on
Aug.
20,
ended
or
10.7%,
over
to
v
declared
5
Feb.
*\ ft'
^
,
,
—V.
Safeway Stores, Inc.—January Sales Up 9.9%—
Four Weeks Ended—
Jan. 29, '44 Jan. 30, -43 £
Sales—$47,751,243 $43,451,391 A
—V.
the Boston
and
unsecured
of the Bank¬
ruptcy Act, proposed a plan of reorganization on July 1, 1941, and,
with some amendments, it was approved by District Court on June 21,
1942.
pany's
of
Since
then,
earnings
the lack of
firmation
the
of
it is claimed
increased
far
that as
beyond
"sufficient consents"
the
plan
has been
a
result of the war the com¬
previous
expectations.
extended
for
six-month
periods,
with
present extension expiring in April.—V. 159, p. 112.
240,951
191,870
2,154,320
41.558
3,086,069
20,913
24,263,477
214,328
27,465,790
195,551
2,112,762
3,065,156
24,049,149
27,270.245 '
Net
has registered with the SEC $40,000,000 234 %
before
Total
fixed
income
for
avail,
(Balance
include $809,908 estimated retroactive wage
$508,600 pertains to prior months.
Figures for
$3,044,024 estimated wage increases.
tAfter
deductions
of
$823,487
in December,
1943, and $9,007,438 for the
12 months of 1943 for estimated income taxes, compared with $305,089
in month and $905,089 in 12 months of 1942.
for the month
•■Figures
the
which
of
increases,
months
12
include
Earnings of Company Only.
<
Oct. 31, '41
$17,386,870 $10,452,150
14,129,396
7,854,780
$5,682,459
4,128,318
1,027,594
683,389
1,206,156
' $1,569,777 '
8,424
.
charges
December—.
Oct. 31, '42
,
income
Deductions from
10 Mo. End.
$2,051,318
employ.
taxes
tax
railway
from
Gross
Net
from
Net
ry.
railway——
1943
$9,475,434
3,063,028
1942
$8,450,569
3,447,583
,
■—:
income—
tax,
,
• :
.
15,000
—
for
post-war
Net
profit
Dividends
paid
After
$28,800
185,000
and
/•'/a'"'-A:'/'
180,500
220,000
777,000
taxes
Crll,411
405
150,000
.
" 150,000
$259,306
——182,500
$350,984
: 211,250
debt retirement credit and $118,000
•
329,500
;f
——
,
adjustments-
for
$836,378
.'.
\
*'
=
.
:——
'
$337,789
150,000
post-war
■;
and amortization of property, plant,
equipment for the year ended Oct.
956,079
1,911,061
3,155,203
railway—
oper.
from
from
Net
ry.
$874,819
•;
37
profits tax. *1.352,000
excess
Overprovision for prior year
Underprovision for prior year
Provision
.
1940
$4,231,008
1,127,635
1941
$5,556,592
792,836
107,426,855
j,
36,371,464
85,577,649
30,823,573
59,326,160
15,868,888
46,293,895
8,742,023
income—--
22,488,529
25,874,296
11,997,351
5,395,121
income—
439,292.
railway—
oper.
4,067
$1,498,369
$1,946,306
excess
,
From Jan. 1—
Gross
$870,752
10,338
-A
income
value
——
for Federal
Prov.
on
declared
Note—Provision for depreciation
sinking
-L'
income
which will be submitted for execution.
;
normal
Fed.
&
*
Phillips Petroleum Co.—Registers With SEC—
company
oper.
ry,
Other
A
solidated
-
•
31 amounted to $171,006. in
•;;%
of the company was filed Feb. 1 with the
Commission by the Fort Scott, prior lien and con¬
The
committees.
terms
announced
on
in
the
Oct.
proposal • are substantially unchanged from those
by these groups.
Capitalization and allocations
28
exactly the same, the only
are
ICC—
plan of reorganization
Interstate Commerce
changes being certain refinements relat¬
modification of the first and second mortgage bends with con¬
part of the bondholders and concerning ascertainment and
disposition of available net income.:
ing
to
sent
for
:
24,022,885
goodwill, patents, etc. —
dismantlement of equip.—
Provision for employees' pensions—
surtax
-$a
18,442
income
Profit
g '-;' "-V. "/
3,067,627
of
refund.
The
•
51,859
;
Because
to the plan, the time for the con¬
:
~'j.r
j
4
1943—12 Mos.—1942
1942
2,102,461
on
Prov.
b
-;y /,;'
income__/
—
profits
creditors.
1943—Month-
Period End. Dec, 31—
863.
";■
RyEarnings of System-
57,002,399
27,273,920
8,296
7,731
4,902
which is operating under Section 77(b)
1 ' --A
St. Louis- San Francisco;
90.079,599
. ♦
11,903
36,354
'" 5,882
holders
& Maine RR.^—V.. 126, p.
a-A'A A.:'- A;—:
-/A
112,961,746
'
25,748
36,894
5,880
company*
amount
*73,703,382
V
Interest expense
The
on
the
by
17,474
also a deben¬
had filed an
appeal in the U. S. Court of Appeals in Philadelphia asking for a re¬
versal of a previous District Court decision denying the distribution of
$8,000,000 cash funds now in the company's treasury to bondholders,
Champlain RR.—To Pay Bonds
5% bonds, dated March 1, 1894, will be paid off
March l, 1944, it is announced.
They ore outstanding
of $1,308,000.
Principal and interest are guaranteed
The first mortgage
8,955,990
^
12,606
debenture
159, p. 485.
St; Johnsbury & Lake
5,199,692
•-»«*,.'
$1,580,115
Palmer, an attorney for a bondholder and
of the company, announced Feb. 4 that he
$98,638
159, p. 386.
*6,611,877
& general expenses__-_
paid on annuities for
' Increase
1943
$636,445
1944
$735,083
Sales
10,007,991
f'1
44,934
holder
t
25-Cent Stores, Inc.—Jan. Sales Up—
Rose's 5, 10 &
Month of January—.
Reorganization Plan-Filed With
Loss
$215,064
$1.12
expenses,^
products sold-:
Amort,
t$426,112
$2.24
$97,546
$0,51
$125,069
$0.66
-
Including depreciation and provision for Federal
income and excess profits taxes amounting to $1,513,569 in
1943 and
$503,516 in 1943 for the nine, months ended Dec. 31.
tAfter setting
aside $125,000 as a contingency reserve.
tSubject to year-end war
emergency adjustments.:—V. 158, p. 2295.
all charges,
revenues___
-
$2,059,742
Archibald
k
$1943-^-9 Mos.—1942
11943-^-3 Mos.—1942
.
oper.
;
.
ture
Corp.-rEarnings—
oper.
sales
Prems.
1
of March 1, 1944, a total
Total
'
/»' *
Special experiment. & devel. expense
Philadelphia & Reading Coal & Iron Co.—Bond De¬
as
5%
Total
\
t
-
—V.
cision Appealed—
last *
\
V
r'
proval of the closing agreement
Total
Dis¬
15
Engineering Co.—Ann. Report—
with $12,426,000 on. Nov. 1, 1942,
Some of the contracts ;
represented by this backlog of business extend into 1945.
The prior fiscal year ending Oct. 31,
1942, has been renegotiated
by the Navy Price Adjustment Board in Washington.'
At a hearing
on
Nov. 19,
1943, the board found that the company should refund
the sum of $250,000 on the renegotiate part of its business for the
fiscal period
under review.
Taking into account a credit for the
Federal income and excess profits taxes assessed and paid on this
amount, this will require a return to the Government of about $55,000,
and a reserve for this has been set up.
The findings of the board
have been accepted by the directors subject to final review and ap¬
/ operating profit
452.
for redemption
profit
in
Other
159, p. 585,
and Dec.
158, p. 2052.
Pa.—V.
"After
a
the ..fiscal year ending Oct. 31, 1943, the company entered
aggregating $20,334,323 and carried; forward on Nov. : 1, 1943,
business unshipped and in process amounting to about $14,978,000, as
income
15
VM
first mortgage
Period Ended Dec. 31—
•
"Net
3Vb% series, due Sept. 1, 1973, are
now
available at the Bankers Trust Co., trustee, 16 Wall Street, New
York, N. Y., for delivery in exchange for outstanding temporary bonds.
mortgage bonds,
June
on
>
t
been called
Rome Cable
Net
Definitive Bonds Ready for Delivery—
Definitive first
''
.
Earnings per share
„
During
Cost of
' "
of
$500,000
delphia,
orders
Net
made
1126.
gold bonds (maturity date extended
to March 1, 1951) at 100 and Interest.
Payment will be made at the
Land Title Bank & Trust Co., trustee, Broad and Chestnut Sts., Phila¬
retailer clients as well as
Capitalization will com¬
Other , organizational details
value.
par
no
Reliance Electric and
Sell., admin.
15 to holders of record March 6.
were
following:
Oct. 31, '43
the corresponding period last year.
159, p. 385.
Rochester & Lake Ontario Water Co.—Bonds Called—
Year Ended Year Ended
Feb.
kwh.,
each
cents
155, p.
There have
Comparative Income Account
output for this company and its subsidiaries for the
5, 1944 amounted to 132,705,000 kwh., a gain of
directors
The
12,806,000
$3,324,300
$1,55
share has been declared on the common
10 cents per
15
»"s V
Alexander, Inc.—15-Cent Distribution—
158, p. 2194.
t$0.52
additional directors.—V.
of
year.—V.
corporation to aid in the equitable;
retail channels of Government war
Philadelphia Electric Co.—Weekly Output—
week
G.
dividend of
tributions
,
Pettibone Mulliken Corp.—-Dividend No. 6—
1943--9 Mos —1942
$2,825,533
f$1.26
$1,121,100
t$0.48
Riley Stoker Corp.—10-Cent Dividend Declared—
compared
Conversion Corp.—New President—
Petroleum
W.
elected
A
dividend of 15 cents per share
on
the $5 par value common stock, payable March 15 to holders of
record March 1.
Similar distributions were made on March 15, June
15, Sept. 15 and Dec. 15, last year, prior to which the company paid
10 cents per share each quarter.—V. 158, p. 2194.
,
1943—3 Mos.—1942
$1,050,960.
share
$10,000,000,000 to
of
on
on
259.'
p.
stock, par $3, payable March
development of plans for the
directors
declared
a
has advised the New York Stock Exchange that on
Reynolds. Walter L. Rice and William S. D. Woods
159, p. 484..
company
21
were
at maturity
The
' 1''
stock.
Jan.
worked out.
be
to
the
share has been
per
f
!i
'
')■ M
Reynolds Metals Co.—New Directors Elected—
.functioning of the corporation
it is expected that in addition to the large corps of merchandising
specialists serving the buying offices the staffs will be augmented by
others in the handling of surplus stocks.
These goods will comprise
many types of soft goods suitable for Civilian wear* the list ranging
from shorts, shirts and socks to many kinds of outer apparel.
In
cents
*
* v
charges and provision for Federal income and excess profits
ton 1,743,040: shares of common stock.
tOn 1,743,689 shares
common
goods
shares
1,000
remain
'J
' </
Note—Company's fiscal year ends March 31.—V.
poration, shares of which may be offered to
buying office members of the organization.
pulse
157,
A-
—
com.
per
taxes,
of
shops throughout the country.
It is
$15,000,000,000 in Government.
specialty
and
such
1
Ifiterim DivMend—
"After
would be distributed in an orderly manner,
tending to preserve; market stability during the difficult reconversion
period and insuring fair prices to both Government and the consumer.
It is understood that the new agency will be set up as a stock cor¬
of
profit
Earns,
a
recognized
through
that from
surpluses
(
v
Remington-Rand, Inc.—Earnings-
determined by the Court
p. 452.
Corp.—Organized
of Jan. 21 had the
"Times"
stores
estimated
11 .\
'
1 V< 1
*rn
Ltd.—To Wind Up—
functioning of
Powdrell &
Co-Paying Agent For Equipments—
co-paying agent for an issue of $2,220,000
2l4% serial equipment trust certificates—V.
mittee
five
of
last,
7,
Period End. Dec. 31—
project has been recommended by the post-war planning comof the buying office group, which'represents almost 2,000 de¬
The
■
Jan.
each.—V.
cents
*Net
goods as are usually sold by department stores and
apparel specialty shops are being actively pushed by the Association of
Buying Offices, it was learned Jan. 20.
Attorneys for the organiza¬
tion have just filed papers of incorporation in Albany for the agency
which will be known as the Post-War Surplus Distributing Corp.
During the; last
'
:
such
of
'
v
Paul Bestor, a Second Vice-President since 1941, has been elected a
Vice-President.—V. 157, p. 1E64,
'
Distributing
Surplus
the
distribution
in an extensive
year it retired $2,259,000 of its first mortgage
it retired $6,232,700 of such bonds, a total of
deduction of more than 13% In mortgage debt in a
period of 15 months.
In the same period its equipment obligations
were reduced in the net amount of
$1,160,352, or a total reduction in
indebtedness of $.9,652,052 in that period.
This
debt reduction was accomplished at a cost of $7,943,519,
of
which all but $69,925 was obtained from the applicant's treasury cash.;
This amount is in excess of the applicant actual net income for 1942
plus its estimated net income for 1943.
No dividends were paid on
any of the applicant's outstahding stock during that period.
It is to the advantage of the applicant to use its available funds
for the purpose
of retiring its mortgage debt rather than to apply
them to the outright purchase of equipment.
The mortgage debt bears
interest at rates of 4%, 4% %/ftnd 5%
per annum, while the pro¬
posed trust certificates have been sold at an interest cost of 2.29%.
This reduction in the applicant's debt, through, the use of its income
and the obtaining of the new money at a favorable cost, in our opinion
warrants the granting of the authority sought.
months
three
for
'
Prudential Insurance Co. of America—New V.-Pres.—
Dispose of Surplus War Stocks at Retail—
Plans
■"
stock, no par value, payable March 9 to holders of record
On
9.
five
shares
The New York
Z'
j
v'
distribution of eight cents was made
Payments last year were as follows: Jar. 6, eight cents; March 8 and
May"6, five cents each; July 7, seven cents, and Sept. 8 and Nov. 8,
Plan—
.
and common share holders are
the dispatch concluded.—V. 159,
16,
'r'"!
dividend
interim
An
of
ih 1942-1943
October,
since
retirement
debt
Feb.
'
the common
Section
to
preference
stocks
applicant has been engaged
The
states:
ICC
The
L
Feb,
at par plus accrued dividends, and 30,000
common shares at $150 each.
An additional $500,000 will be set aside until the respective rights
on
pensions,"
hearing Feb.
a
.
preference
a
$300,000;
employees'
for
reserves
Proprietary Mines, Ltd^-5-Gent
Superior
10,000
proceeds to the applicant
the average annual cost of the
approximately 2.29 %.
basis
be
,
At"fit
\,r
V/*^
*
>
Court notice, a Montreal dispatch says, has been issued
shareholders, authorizing the liquidator of this company to dispose
of $6,006,328 available through wind-up of the company's affairs.
The
first distribution provides $5,506,328 for repayment in full of-
required to name the rate of dividends to be borne thereby in multiples
one-eighth of 1% per annum.
In response thereto three bids,
representing 21 parties, were received.
The best bid, 99.69 and divi¬
dends, based on a rate of 214%
per annum, was made by Halsey,
Stuart & Co., Inc., and eight associates, and has been accepted.
On
this
' /
■
$50,000;
1091.
$6,940,751.™V. 157, p.
•
to
of
will
hold
pursuant
Porto Rico Power Co.,
26 authorized the company to assume obligation
and liability in respect of not exceeding $2,220,000 214 % serial equip¬
ment trust certificates, to be issued by the National Bank of Detroit,
as
trustee, and sold at 99.69% of par and accrued dividends in con¬
nection with the procurement of certain equipment.
The certificates were offered for sale through competitive bidding,
and
invitations for bids were sent to 64 firms, the bidders being
ICC
The
Co.
;-VV,
$5 convertible preferred stock (without par), $750,600; com¬
mon stock
(par $5), $750,000; capital surplus, $476,588; earned surplus,
$962,614; treasury. stock
(1,000 shares preferred), Z)r$94,000; total.
14 dn an application filed by the
17(b) of the Investment Company
Act of
1940
for an order exempting from
the provisions of Section
17(a)
(2) of said Act a proposed transaction whereby Pittston Co.
will
exchange its common and new preferred stock for its class B
preference stock and common stock, respectively, held by Alleghany
Corp., Chesapeake & Ohio Ry and Western Pocahontas Corp., to the
extent that they elect to accept the exchange offer.
This exchange
offer is part of a general proposal by the Pittston Co. to reconstitute
its outstanding class B preference stock as new preferred stock and
to offer to all holders of shares of outstanding commmon stock and
class B
preference stock the right to exchange said shares for the
new
preferred stock and for common slock, respectively, upon the
basis, of the average of the closing sales prices of said outstanding
shares for the 30 days next preceding the exchange offer.
Alleghany Corp. is a registered investment company, the Pittston.Co.
is controlled, by Alleghany Corp., Chesapeake & Ohio Ry is an affil¬
iated person of Alleghany Corp. and Western Pocahontas Corp. is an
affiliated person of an affiliated person of Alleghany Corp.-—V. 159,
will
SEC
The
deferred
$1;
$40,000;
refund 1942 earnings of
after tax adjustments, will reduce
This agreement, however, has not been
585.
159, p.
$15,000),
of note
contingencies,
for
reserves
War Department to
the
of
of
•long-term debt; $248,000;: reserve for post-war .adjustments,
profit for 1942 by $97,850.
net
A
Fere
:
to the Government, which,
$515,000,
reserve
G, $50,417;
$1,521,160; inven¬
payable to bank, due within one year,
$72,000; trade accounts payable and miscellaneous items, $949,515; 14
payrolls and 'Compensation; emplpyeessand officers,; $541,993; accrued •
taxes and interest, $63,183; preferred dividend payable Nov. I, 1943,
:$8,125t%provisi6h;: for future serviceAcharges t pn : installations, etc.'
$149,844; customers' deposits on unfilled orders, $1,517,889; Federal
taxes on income%(less U. S.
Treasury notes of $1,500,000), $155,000;-'
earnings
Branch
Ordnance
/
series
bonds,
$861,705; goodwill,, patents,' etc.,
total, $6,940,751.
Liabilities—Portion
1943
1942
*$1,734,222 t$2,488,074
Earnings per common share-—,-,
—
$1.71
$3.19
"After all charges incl. provision for State and Federal income taxes,
and excess profits taxes of $3,140,000,
subject to final audit and to
renegotiation, if any.
tAfter all charges, but subject to renegotiation.
Note—The company has signed an agreement with the Pittsburgh
1941,
*' a-aaX
-
assets,
$115,602;.
charges,
Earnings for 1943—
Pittsburgh Steel Co.—Preliminary
fixed
$229,022;
Calendar years—
Preliminary
31,
advance payments to vendors, $249,978; other assets,
tories, $2,606,525;
York.
From working capital the company
expects to make substantial expenditures from time to time involv¬
ing exploration and development work on oil and gas lands and the
installation, of refining and processing equipmemnt.—V. 159, p. 585.
members.-—V. 159, p. 219.
share to NASD
trade
the balance will be added to
New
Corp.,
months ended Oct.
10
S.%defense
$1,306,342;- U.
accounts receivable (less
Assets—Cash,
proceeds of two loans for $2,238,000 each were used
chase of 202,163 shares of common stock of Panhandle
Line Co. acquired by Phillips on March 30,
1943, from
Oil & Gasoline
'
ws/'i/'f Balance' Sheet, Oct. 31, 1913
1943, owing to a
working capital.
for the pur¬
Eastern Pipe
the Columbia
outstanding at Dec. 31,
long-term notes payable
of nine banks, and
The
and .for the
.
' ■.
1942,
in
$112,276.
group,
group
Pittston
Pennsylvania-Reading Seashore
December—
Gross
from
railway—
underwriting
$147,429
1943,
1964.
First Boston Corp., New York, heads an
the names of others to be supplied by amend¬
ment.
The price to the public will be supplied by amendment.
Proceeds' will be applied in part to the retirement of $14,596,000
due
debentures,
fund
Monday, February 14, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
642
of
f.
Hearing Feb. 16
v
.
,
.
for Feb. 16 to consider revision
of the company.
The original plan was
rejected by the U. S. District Court at St. Louis, charging that the
Reconstruction Finance Corporation and the Railroad Credit Corpora¬
tion received preferential treatment.
Since then the claims of the two
agencies have been settled, releasing securities allotted under the ICC
plan which have been awarded to other creditors under the new pro¬
posal submitted by the three committees.
The plan filed Feb. 1 provides for a total capitalization of $247 838,808.
This includes $2,986,000 of equipment obligations, undis¬
turbed; $73,385,342 of first mortgage 4% bonds, series A; $47,549,826
of second mortgage convertible 4%%-income bonds, series A; $61,The
of
ICC
its plan
has
scheduled
a
of reorganization
hearing
.
Volume
($100 par), and $62,057,858, or
of series A 5% ; preferred stock
859,782
*
1.241,158
shares
Annual
($50
fixed
$2,560,954.
common.
par)
would be $3,001,773 and contingent
dividend requirements would amount
charges
Preferred
092,989.
Port
and
'
'
in cash, $219 in first mortgage 4s,
$171 in income 4'/its, $332 in preferred, and 6.67 shares of common.
.Prior : lien series B would he awarded. $25.39. cash,, $233 in first,
mortgage 45, $182 in income 4'/2S, $353 in preferred stock, and 7.1
1
'
series
B,
Guaranty
Trust Co,, Bankers Trust, Central Hanover, First National of St. Louis,
and Mercantile Commerce, would all receive cash and new security
allocations under the plan.—V. 159, p. 113.
*
•w
Feb.
on
declared
5
extra
an
of 25
dividend
cents
per-
the usual quarterly dividend of 50 cents per shara on the
stock, no par value, both payable Feb.25 to holders of record
;Feb. 15.
Similar distributions were made in each quarter last year
and during, 1942.—V. 158, p. 2475.
and
holding loans, including Chase National,
is
American
Director
a
Corp.
Airways
and
Sperry Gyroscope Co.,
and
of
: c
of
•
Period End. Dec. 31—
Ry.
1943—12 Mos.—1942
1943—Month—1942
operating
revenues
Dividend—
expenses
3,784,751
of
Net
Ry.
,
from
rev.
tax
Other
1
Ry,
v';
_
taxes
99,749
income
distribution
March
income
28,965
oper.
on
ry.
inc
oper.
-
from
income
$886,288
_
$922,646 $14,838,088 $12,427,117
.
oper.
ry.
3,811,752,
4,160,940
322,292
322,961
'
-Net
ry.
income
Gross
the
3,401,505
$8,720,644
3,047,066
$7,543,273
$432,241
$412,874
.
road
946.995 to
District Court at
U, S.
Int.
Divs.
of creditors'
$18,750,022;
left
the
Cotton
p.
~
in
consolidated
new
second
Belt
common
14,286
14,287
171,438
$430,355
$359,713
and
bonds
$850.19
in
new
$7,319,502
$5,660,165
228,313
2,782,163
2,080,307
63,745
Pacific
RR.,
177,104
(
Exchange
by
filed
the
19,803
233,674
"'272,083
$81,656
34,358
34,358
$991,591
.412,296
$767,012
412,296
20,871
______
$47,298
$72,211
revenues
Operating
expenses
___
taxes
2,382,144,
2,299,070
4.955,737
4,888,224
than
10.
of
(net)
income
Interest
Florida
& Alabama issue amounted
committee later decided to buy in the
"p. 586.
Net
income
Dividends
Dr75,043
Dr504,326
4,813,181
18,698,720
890,163
2,986,364
1943
$83,834
share—t$0.80
for
•Net
profit
Earnings
*
After
per
common
charges, Federal income
$1.06
1941
$126,297
$1.20
and excess profits taxes, and after
giving effect to 10(4 post-war excess profits
shares of capital stock.—V. 158, p. 2475,
tax refund.
tOn. 104,200
Seiberling Rubber Co., Akron,
have
named
new
Ohio—Promotions—
officers- to fill the vacancy created
E. Palmer, Secretary and Assistant Treasurer, it
1 by J, P: Seiberling, President.
•
dividing duties of the office, W. P. Seiberling.
Accessories and Repair Materials Sales Manager, becomes Secretary.
H. E. Thomas, who has served since 1927 as Assistant Secretary under
by
death of W.
the
was
announced on Feb.
Under
Mr.
a
new
Palmer,
W.
other
A.
M.
offices
program
remain
Vice-President and Treasurer, and
unchanged.—V. 159, p. 485.
"
'
i
The company has
interest.
Payment
'l
.'s,
L
«,v
extension
An
Inc.—Assets Rose in 1943—
share rose during 1943 from $7.41 to $9.16, an improve¬
The number of new,shares bought by the investing
greater than in any other year since 1938. The number
of
shares 'liquidated by the investing public
was the least in five
years.
The number of shares outstanding made the best improvement
"in five years, and crossed the 1,000,000 mark at the year-end.
For the tenth successive year the average number of shares of stock
owned by investors showed an increase, At the end of 1943 the average
Assets
ment
public
of
per
23 6 %.
was
■
the
of
v
'•
i
B.
0
v '/V.S
.
:'H
Persian Gulf
158, p. 2622,
'
' u\
'
'u
'
'V
"
r
>
to
made
be
at
1944, a total
A, due Dec. 1, 1969, at 105 and
the
of
% •>'
'
,
announced a fur¬
the company from the
2518.
Co., Dallas, Tex.—Extra
cents
25
share
per
share
per
bec-n
have
and the usual quarterly
declared on the common
share.—V. 157, p. 903.
and a director of
of Unexcelled Mfg.
executive committee mem¬
ber of American Rolling Mills Co., succeeds Lieut. Col. Stephen L.
Nordinger, who is in .active service.—V. 156, p. 872.
Charles
S.
1942
$1,402,716
$3,162,948
Co.,
this corparation, E„ L. Swikard has resigned his
offices at 333 N. Michigan Ave., Chicago, 111.,
a
director
and
<
1943—Month—1942
r
,
,
,
_
1943—12 Mos—1942
^
^
1
•' "■ '
-
i
Treasurer
elected
director
(Including leased lines)
•
.
■■
a
RR.—Earnings—
-
Period Ended Dec. 31—
>'
been
also
Payson,
Union Pacific
■
220.
has
Corp.,
Mr.
Inc.
Vice-President,
Payson,
Reed-Prentice
1943
$1,159,023
p.
'1
Unexcelled Mfgv Co., Inc.—New Director—
advertising and marketing specialist.
From 1928
to 1943 Mr, Swikard was Vice-President in charge of sales and adver¬
tising.
He is continuing his services as a member of the Spiegel board
159,
of
cents
25
merchandising,
directors.—V.
Transfers
to enable
'
$10,
par
of 25 cents per
Trust
Resigns Active Duties—
open
1944,
2,
payable Feb. 15 to holders of record Feb. 10.
Thfee
additional quarterly dividends of 25 cents each were also declared,
payable May 15. Aug. 15 and Nov.
15 to stockholders of record
May 10, Aug. 10 and Nov. 10, respectively.
On Feb. 15, last year, the company also made an extra distribution
(-
1944
33 years with
duties
tb recom-
l. it was decided
exemption of
temporary
dividend
extra
dividend
called for redemption as of Feb. 29,
E. L. Swikard
of
-
London
to
stock,
will
"
a
•' "
Dividend—
Spiegel, Inc.—January Sales Off 17.4%—
active
t
providing lor taxation amounts to £ 415,238.'
up to- Feb.
4, 1944, will be in time
receive dividends.—V. 157, p. 559.
ana
in
.
City National Bank &
Co., trustee, 208 So. La Salle St., Chicago, 111.—V. 159, p. 485.
as
j
days after Commission, decision upon the application,—V. 158, p.
14,426,988
15,570,000
15,712,356
16,470,000
excess
219.
*
p.
i
c
Ry.
23
at
insurance
Goodwin,
Lester
Jan.
the
Co. (Conn.) —Obituary—
director of the company since 1927, died
a
of 64.—V.
age
159, p.
operating
revenues
45,226,499
40,728,559 480,274,934 353,064,543
Ry.
operating
expenses
28,192,982
22,193,278 300,074,772 219,039,130
oper.
17,033,517
_______________
tl2,802,932
18,535.281 180,200,162 134,025,413
t6,674,485';'126,063,145 *61,744,144
Net
586,
Electric
output
Standard
totaled
Gas
the
of
Electric
&
203,860,000
public
kwh.,
as
week last year,
corresponding
utility
operating
in
companies
ry.
Equip. & jt. facil.
(net charge)
Standard Oil Co. of Calif.
.
Net
from
inc.
that
nounced
ately
Administrator
to
Harold
portation operations
Income
invests
from
Oil
Co.
construction
the
make
owned
will
by
be
the
petroleum
Ickes
will
on
undertake
privately
products for
of
a
war
3
financed
entirely
Oil
immedi¬
owned and
the United
Co.
the company, which is
California and The Texas
by
of
V
Ickes
also
revealed
for
the
first
time
that
expansion
way
for a number of months at the
refinery on Bahrein Island in the Persian
Gulf, at the Abodan, Iran, refinery of the British-owned Anglo-Iranian
Oil Co.,
and at the Haifa refinery of Consolidated Refineries, Ltd.
Capacity of the Bahrein plant, which also is jointly owned by the
same two American companies,
is being substantially increased.
Mr. Ickes said:
"Additional refining facilities in the Persian Gulf
area have
been under consideration-by the Petroleum Administration
for a long time as part of the' over-all United Nations military pe¬
Bahrein
troleum
have
been
Petroleum
supply
under
Co.'s
program,"—V.
159,
11,256,549
12,931,162
______
3,319,008
10,626,851
41,205,855
61,024,720
2,921,123
2,564,795
18,876,031
15,798,863
p.
387.
v.I-"'
other* chgs,
and
6,240,131
1,863,102
13,191,646
1,758,823
60,081,886
14,788,627
76,823,583
14,739,598
4,377,029
11,432,823
45,293,239
62,083,985
an¬
Net
\
__________
1943
S.
for
on
"Includes
for
a
reserve against possible
Gov't shipments-.
preferred
on
Balance
Percent
to
U.
on
Dividends
all
from
income
sources
Appropriated
funds
Standard
1,233,945
&
income
Fixed
Feb.
Company.
programs
sources
Total
Gulf Area—
L.
s•;:„•
project
jointly
Arabia
refinery
Nations..
War
Arabian-American
the
Saudi
in
financed
for
911,577
trans-
(Del.)—To Construct Addi¬
tional Refining Facilities in Persian
Petroleum
rents
the
5, 1944,
compared with 175,425,000 kwh. for the
an increase of 16.2%.—V. 159, p. 586.
the week ended Feb.
Ckwsystem for
fr.
rev.,
Taxes
Standard Gas & Electric Co.—Weekly Output—
Administrator
Selected American Shares,
J *«
,V
(Don
Allen
(The Securities and Exchange Commission Jan: 28
Southwestern Light & Power Co.—Bonds Called—
The
is Assistant Treasurer.
continues as
Vaughan
'i>' ViC
-
Weiss
Bingley
(Philco),
Anthony, Inc.).
shareholders at the annual meeting to be held March
to
other
The ^directors
'V/
Allen
jf.
provisions of the Investment Company Act of. 1940.
The company filed
an
exemption application and the action now announced extends the
temporary exemption of the company until April 1, 1944, or until 10
profits tax credit of 10%
Federal taxes
accrued at rates imposed by the Revenue Act of
been
159,
3,923,018
3,892,500
4.342,669
4,117,500
_
have
1943
v
on
1942
$111,119
m.Y/'V'-
Lewis
and
Co.),
3,488,336
____________
Standard Fire
Quarters Ended Dec. 31—
Electric
for one year, F.
Mason (of Earle C.
Tonopah Mining Co. of Nevada--rFurther Extension—
17,915,324
bonds now.—V. 159,
Inc.—Earnings-
were
meeting of the directors held Feb.
a
J
Dr418,219
5,058,050
715,381
___
'After, deduction'of
,
.
Seeman Brothers,
years
Securities Trust Co.; Ltd.—Final Dividends—
received
Crl02,313
__
:_
deductions
James
;
(NBC), E. A.
Raibourn (Paramount Pictures).
Worthington Miner (CBS),
include O. B. Hanson
Paul
and
for, two
Trinity Universal Insurance
-,
the Georgia,
bond and the $750 payment is in full settlement of
this.
When the compromise reorganizaztion plan was drafted several
months ago it was decided to give this issue $750 in cash in satis¬
faction of its claim on consummation of the reorganization.
The reorX ganization
At
ther
After
per
Co.),
(General
and
\
.
expenses
$1,000,000
-
claim
total
$2,063.75
for three years
Tool
Gibson
L.
transferees
18,333,543
19,203,046
4,450,566
5,432,631
Month of January—Net sales
more
.
14,508.329
9,862.083
20,401,710
10,630,307
operating income
Net
,
Lewis Allen Weiss (Don Lee Network),
Jack Poppele; (Station WOR; New York); Assistant
payment on March 7, 1944, of final dividend on ordinary capital of
10Va'■<
(making 15'/sty for the year) and first and final dividend of
2.2857% on the deferred capital. Both, dividends less tax,
Net revenue
for
the
year
ended Oct. 31,
1943, after deducting all charges and
1943—12 Mos.—1942
■$
■$
$
of the bonds assented to the pro¬
through the G. F. & A. bondholders' pro¬
are being sent
to these bondholders to
deposit their bonds with the Bank of New York on Feb. 14.
The reor¬
ganization committee also plans to extend the offer to other bond¬
holders.
The deadline, on acceptance has been tentatively set for
of
;
Network);
mend
profits
exc.
taxes
Other
Inc.—Organized
Association,
Allen B. DuMont Laboratories, Inc.,
newly-formed Television Broadcasters
elected were:
and
elected
Tobacco
31,906,745 137,850,065 119,624,831
20,268,885
87,615,002
76,920,876
35,968,213
23,197,701
___
-
record Feb. 15.
Pay¬
15,
three cents, and
350.
p.
Texas Co. (Del.)—Expansion in
Area Now Unndex' Way—
Co.—Earnings-
1943—3'Mos.—1942'
of $33,000 first mortgage bonds; series
Owners
157,
(The)
1943
1944
1943.
$
Commission
posal for the $750 payment
tective
committee.
Notices
cents each—V.
President of
directors
"l
,
Operating
Total
Purchase of
share has been declared on the common
as
Inc.
as
-V
$8,446,273 $26,963,332 $26,016,766
$8,359,174
_______
Southwestern Bell Telephone
#Fed. inc. &.
will
Meyer, Jr., Vice-President,
15 to holders of
follows:
March
March
15, 2'/a
DuMont, and E. W.
Jan. 1 to Jan. 31,
586.
p.
1942,—V.
*
Lee
$333,845
$579,295
.
10 Days End. Jan. 31,
G., P, & A. Bonds by Reorganization Group—
Authority to purchase $1,750,000 of Georgia, Florida & Alabama
first and refunding • 6 %■•' bonds at $750 per $1,000 bond was granted
to the reorganizaztion committee of Seaboard in an order signed Feb. 8
by U. S. District Judge W. Calvin Chesnut in Baltimore.
The
Elected
company
Line Ry.—Court Permits
Air
Seaboard
In addition
specific
and" IdiPmising policy
of sales, advertising
divisions.
sales
Railway—Weekly Earnings—
earnings
159,
will
Hiter,
Mr.
In what is known
products, automo¬
correlating
all
Broadcasters
(Hughes
Hayes
114.
1944
Gross
—V.
are
Secretary-Treasurer.
22,068
;
$469.61
.
of
Alemite
See Standard Oil Co_ of California above.-^-V,
owns
.
to
834,328
$106,569
Southern
pre¬
Feb. 4 announced that
under the Securities Exchange
Act of 1934 to withdraw its common stock
(no part from listing and
1
registration on the New York Curb Exchange has been scheduled for
hearing in the Commission's Philadelphia office on March 20.—V. 159,
p. 586. ;
■
'
and
Securities
application
of
cents per
were
DuMont,
officers
Other
$1,039,095
______
p.
all
the
the
elected President of the
Vice-Presidenti
,
$1,225,265
stock
of pfd. stk. exp.
159,
of
for
practices
1943
and Nov.
15
Association,
391,376
$101,459
pfd.
.
Other income
March
390,929
[1,538,246
$128,637
income
on
lines
equipment.
Chairman
as
payable
$1,
during
Allen B.
567,919
617,999.
\
tax
Period End. Dec. 31—
which
states:
widely diversified
direction
include
directed by George L.
two,
par
has been
747,1.40
764,900
62,262
178,030
'
taxes__
deducts,
other
th'df death
by
:
immediate
These
responsible
relations
Television
1943—12 Mos.—1942
$569,136
288,795
Period—
Scranton Lace Co.—Delisting Hearing—
'
stock,
'
•
& South Texas,; $2,318,448 outstanding;
the
electrical
and
be
A dividend of three
July
$659,208
______
Stewart-Warner
of
directorate
Sullivan Consolidated Mines, Ltd.—3-Cent Dividend—
171,438
$20,843
1943—Month—1942
___
prof,
has
Inc.,
Lines,
Air
directors
the
$531,151
amortization
Balance
mortgage
stock.
Southern
The
$601,793
ments
income
Amort,
87(1 of the common stock
of the Cotton Belt and $23,000,000 of its bonds, would emerge under
the reorganization with a stock interest of about 45(4 ,
The plan now goes to the I.CC for an election among the various
classes of creditors, with approval of two-thirds in each class required
to put the reorganization into effect.—V. 159, p. 113.
an
661,358
$35,130
public
Robert
stock.
common
v
648,371
$70,780
taxes
excess
Net
Divs;
stock.
Stephenville North
t
62,216
stock
expenses
&
&
-V.
$468.37
The
$1,192,509
58,327
will
Directors
Int.
bonds, $3,042,500 outstanding and
accrued interest; $1,240 m new consolidated bonds.
Central Arkansas
Eastern Ry., $932,232 outstanding; $438.90 in
in
$1,250,164
Belt
Cotton
new
$97,346
deducts.
income
Gross
.
ing;
[665,922
$143,393
revenues
Federal
general and refunding bonds, $9,327,500 outstanding;
$180.46 in new consolidated bonds, $300.70 in new preferred stock, and
$435.08 in new common stock.
Cotton Belt first terminal and unifying bonds, $21,265,000 outstand¬
ferred
United
of
on
Chicago, and thoso
latter company a
Stewart-Warner subsidiary. ' In addition, Mr. Meyer will also act as
Chairman
of
the
manufacturing
policy
committee,
charged
with
correlating policies of manufacturing and employee relations, use of
facilities, practices and procedures in all plants."—V. 159, p. 486.
197,873
114.
p.
Operating
$1,000 bond:
Cotton
under
Hiter
Mr.
"Division
Southern Indiana Gas and Electric Co.—Earnings—
Belt's first
bonds, the Grey's Point Terminal first mortgage bonds, the
Shreveport Bridge and Terminal first mortgage bonds, and trust certificates of the Texarkana Union Station.
Distribution to other lien holders would be made as follows for each
mortgage
of
board
vacant
include products of the Stewart Die Casting plant,
of
the
Bassick
Company, Bridgeport, Conn.,
the
720,943
tax]
Period End. Dec. 31-—
bonds, due
($100 par),
the
as
plants.
instruments
and
$18,750,339.
($100 par) common stock,
undisturbed would, include
new
Securities
4T
consolidated mortgage
convertible preferred stock
( 201,843
148,193
53,457
_
159,
General
Corporation, $1,331,300; new
in
1992, $14,687,714; new 5%
together
one,
committee
480,292
662,333
.
$85,066
pfd.
on
521,352
f 694.096
taxe3__|
prof,
other
Deprec.
would leave $8,243,764
plan
2,757,426
49,662
income
Federal
the
Under
3.835,928
43,446
Balance
claims
and
unsatisfied.
___
income:
the; capital -structure of:the reorganized company
would be made up as follows;
Equipment trust certificates, $216,000:
undisturbed
obligations,
$21,265,000;
note
to
the Railroad Credit
stockholders
common
.
President
of
pl$ce, left
the
Diversey
duties.
$6,011,381
income
Net
of
present preferred and
Corp.—New Director, Etc.—
member
grouped
the
tive
1943—12 Mos.—1942
depreciation
and
Gross
The plan would eliminate the equities of the
v
was
Ross, Senior Vice-President'.
A.
"Division
$7,229,305
]
Oil
•
\
divisions, each under one head responsible
for sales, manufacturing and engineering, for purposes of abetter co¬
ordinating and expeditious peacetime reconversion.
as
271,338
excess
Gross
-V.
St. Louis.
companies
gas
company's announcement further
products of the corporation's
be
2260.
p.
natural
"Related
$566,539
taxes
Federal
reorganization for
<Cotton Belt), cutting its total capitalization from $105',$75,000,375, was approved Feb. 8 by Judge George H. Moore
plan
158,
the
of
Patterson,
a
filling
Frank
to
to holders of record Feb. 18.
A
March 15 and Sept. 15, last year,
1942,—V.
A.
elected
The
capital
the
401,033
expenses
for
Prov.
Reorganization Plan—
Commission's
on
Oil
.
Standard
to
■
President.
$641,387
—I:—
revenue
General
$5,673,577
265,414
Commerce
Interstate
the
$8,615,365
105,279
278,566
________
Court Approves
of
■
$710,807
______
__________
income
The
147,479'
$670,354 $10,677,148
7,934
267,630
$678,288 $10,944,778
$563,327
income
Deductions
Net
income
(
oper.
on
16,
declared
1943—Month —1942
Period End. Dec. 31—
Gross
Federal
Non-oper.
made
Sept.
15
been
Gas
A;
Hiter, Vice-President and director, has been designated
Vice-President.
In this capacity he will :act as chief executive
officer of
the
corporation in the absence of James S. Knowlson,
South Carolina Power Co.—Earnings—
Operatlng
Total
Deducts,
March
was
and
16
share has
per
Natural
.v;r
comprise the products now manufactured in Chicago
943,489
—• w
r—
$959,228 $14,481,525 $12,109,933
33,418
' 356,562
317,184
$857,323
ry.
cents
payable
$15,
par
and
—•—■—-—1—
\
v,"'-
operating
Other
946,585
11,399,883
57,561
966,919
2,393,000 :17,873,286
85,122
1.161,619
45,722 '
1,102,052:
__
taxes.,
Federal
*v,,v
'
'
•_
income
stock,
25
similar
(ad
accruals
valorem)
.
Federal
$3,494,911 $34,483,349 $25,399,890
$2,104,846
oper._
of
dividend
Standard
subsequently
and
purpose,
Consolidated
Frank
Socony-Vacuum Oil Co., Inc.—25-Cent Dividend—
A
of
Senior
2086.
p.
and its registra¬
and
the
for
shares
divestment
Corp.,
March 15, June 15
and Dec. 15, 60 cents.—V. 158,
Sept. 15, 40 cents each;
and
23,314,307
29,895,565
2,033,845
Distributions during 1943 were as follows:
19.
the
Stewart-Warner
The directors have' declared a dividend of 40 cents per share on the
stock, no par value, payable March 15 to holders of record
$5,528,756 $64,373,914 $48,714,198
$5,889,597
Ry.: operating
Co.; organized
William
common
Feb.
holding company,
a
company is no
Securities
Pan
.
Simonds Saw & Steel Co.—To Pay 40c.
the
' *
effected by
Standard to comply with an order of the Commission which denied,
the
company
exemption
from the provisions of
the Public Utility
Holding Company Act because of its holdings of natural gas com-"
panics.—V. 159, p. 387.
1
Board of Directors of
the
of
158, p. 2367.
by
The
Corp.,
He also
Corp,
Committee
holding
a
distributed
been
.
St. Louis Southwestern Ry.—Earnings—
«
as
Gas
Spevry
the
Oil
Union
Executive
the
Chairman
Inc.—V.
of
Director
a
the-Shell
of
Chairman
and
Director
a
President,
Morgan,
A.
elected
been
has
(New Jersey)—No Longer Holding
has ceased to be
stockholders,
Shell Union Oil Corp.—New Director—
Thomas
Co.
longer effective, according to ati order
Exchange Commission.
The registration of Standard Oil as a holding company was done to
permit the distribution by it. of its holdings in natural gas companies
and a pipe line company which it turned over to Consolidated Natural
common,
are
The various banks
tion
,
allotted $36.22 cash, $243 first mortgage 4s,
$174 in income 4Vis, $191 preferred, and 3.83 shares of common. '. \ <■
There would be three voting trustees and four reorganization man¬
agers.
The latter would select the first board of directors.
Consols,
The company
Sheaffer Pen Co.—Extra Dividend—
directors
share
Consols, series A,, would: receive $21.05 cash, $221 in first mortgage
4s, $158 in income 4'/is, $174 in preferred, and 3.48 shares of common.
o.
final
entered
(W. A.)
Oil
Company—
examination, has been issued by
the U. S. Treasury Department to the effect that Selcctcd's dividends
totaling 42 cents in 1943 were 100(7 tax exempt. See also V. 159, p. 586.
The
v
common.
subject to
tentative ruling,
A
.
Prior lien series A would get $15.36
shares of
Standard
1933.
in
in first mort-
cash, $733
receive
would
;
charges
to $3,;•
' '
643
(adjusted to present par) as
holding was nearly twice as many shares
income 4 Vis.
in
$267
''
'■
■
$1,000 bond follow'
per
ScotL securities
B^ge 4s,
V
^'Sv-
:
allocations
The
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4255
159
common
common
re¬
stock__._
—
income
Federal
income
and
income
taxes
Note—Estimated
excess
of
3,981,724
58,102.261
$26.14
$14.09
and
excess
profits
taxes
of
$103,000,000
$42,526,202 for 1942,
profits taxes of $10,800,000 for
and Federal income, taxes of
Federal
,
31,311,535
stock
stock—
Federal
10,000,000
3,981,724
$4,800,000 for
tlncludes
1943 and
1942.
additional compensation
allowed non-operating em¬
ployees fcr the period Feb. 1 to Dec. 31, 1943, and operating employees
for the period April 1 to Dec. 31, 1943, included in operating expenses,
$12,314,997.
Estimated payroll taxes thereon, included in railway tax
accruals, $720,009.—V. 159, p. 50.
Monday, February 14, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
644
•
While
corporation's
the
'v
1943
cor¬
:
greatly
/•
;
changes in
following
Act of 1935.
result of the
(b) As a
& Gasoline Corp!,
final distribution in
cash payment of $1 per
which the
,
distributed
:
Act
during
Public Utility Holding Company
principal development in the affairs of the corporation
the decision of the SEC on Aug. 14, 1943, requiring the corpo¬
ration to take certain steps to comply with Section 11 of the Holding
Company Act.
Notice of that decision and of the boaid of
conclusion to proceed with plans for compliance were sent to stock¬
holders in September, 1943.
As was then indicated, fulfillment of the
'requirement that the corporation cease to be a holding company
under
the Act will involve the disposition by the corporation of a
very substantial amount of the shares of The United
Co., Philadelphia Electric Co., Columbia Gas & Electric Corp.,
Service Corp. of New Jersey, and Niagara Hudson Power Corp., all of
-which
the
corporation now owns, as well as shares of Delaware
Power & Light Co. which the corporation expects to receive in 1944,
directors'
Gas.Improvement
Public
As
approval
for
by
outlined
and
.
.
of
All of the
probable development of such proceedings or plans
large investment interests of the corporation in the com-
the
1946,
the
of
Because
have
tendered
been
have
_-._w.i-
for
called
Payment
1942
$4,494,999
$4,332,441
redemption
will
be
as
at
made
Years End.
~
Sept. 30)—
before
•Profit
Executive
Legal
20,933
Loss
'
fees
int., etc.
$4,518,048
expenses
$4,101,956
284,071
286,058
•
Net
$7,137,265 $10,263,758
250,707
280,886
.a
35,284
\
9,645
.
-.
•
______
49,757
14,821
>
!_
.
as
declared
Feh. -9
a
dividend
Dividend
of 5Q cents per share
to holders of record Feb. 25, /
June
•'/!!;
•'
.
directors
The
10
follows:
50 cents.''
•
28
* :y
and
••
declared
also
Sept. ,24,
25
cents
Payments last fyear
each;
and Dec.
17,
:
two
regular quarterly
dividends
of
$2
the 8% non-cumulative first preferred stock, par $100,
"payable March 10 and June 9 to holders of record Feb. 25 and May 26,
■respectively, from net earnings of the company during the year 1943
One-half of the preferred dividend for 1942 was paid in that year,
and the remainder was paid $2 on March 26 and $2 on June 25, 1943.
per
share
on
$2 on
_
y!
^
dividend for 1943 was paid during that year,
Sept. 24 and $2 on Dec. 17, 1943.—V; 159, p. 487.
One-half of
45,432
.
on
stock, par $10, from earned surplus as of Dec. 31, 1943;
payable March
were
28,700 '
1,399,
4,486 "
u_-.
78,092
50,867
17,131- 16,124
v;'- / /
150,0Q0
261,378
175,819
tax
inc.
239,857
'••'.
356,407
Consolidated Balance Sheet,
*'••■•
Assets—Cash
on
hand
in bauks^
and
$56,417"
$135,434
$111,043
profit
N«to-~Figures do not Include the United
wholly-owned subsidiary.
,
99,502
45,165
22,896
249,894
—
Fed.
for
cars
al,cohol_
inc. & exc. profits taxes
for
Prov.
inc.
than
ether
taxes
Prov.
____
rejected
industrial
of
" 1941
.
-.28,700
1,383
directors
the common
on
the preferred
__——
Total
Taxes
:—_—
for loss on
Provision
-
Current
depreciation
Interest
Dr317,450
investments-..
The
'
$417,973;"-- $201,012
3,060 '
! 777
1,631-
___—______
for
1942
-
$645,612
—!
requiring flat plywood or a material that can be curved *
have been the largest buyers, of this surplus aircraft ply¬
158, p. 2368.
-
bent,
or
United States Rubber Co.—50-Cent Common
22,500
___
sale of
on
Provision
$7,454,715 $10,263,758
Dr233,115
riew
wood."—V.
(& Subs.)—-Earnings
1943 '
"
depreciation,
salaries
Bad debts:
■
investm't
from
Profit
1940
the
and displays
of, March 15,-1944, at 102
The.First National Bank of
United Distillers of Canada, Ltd.
2,630
securities
/;/ securities
'■/...•
that
of
Chicago, 111.—W. 158, p. 587.%/.
Chicago, trustee,
Gov.
S.
U.
from
>■
Years
1941
1943
'
Dividends
Int.
Calendar
2,116
J-
Income—
for
reported
2
with
together
'
Account
Feb.
in
outstanding 10-year 5% convertible debentures due Mar. 15,
been
interest.
and
that the
the
panies involved, the board concluded that it was desirable
corporation should request that the managements of various of
statutory subsidiaries arrange to have the corporation represented on
their respective boards of directors.
Mr. Hickey became a director
of The United Gas Improvement Co. on Nov. 23, 1943, and Mr. Hickey
and Mr. Burr became directors of Public Service Corp. of New Jersey
on Dec. 21,
1943.
Income
on
offer,, shall
and that" the
Union Investment Co., Chicago, 111.—rDebs. Called-—
i
below:
•
President,
Freeman,
,
27, 1944,
this direction the corporation on Jan.
the SEC an exchange offer which is
initial step In
an
filed
United States Life Insurance Co.—Report—
Mansfield
paid for business had exceeded $25,000,000 for the year ended Dec. 31. '
1943, or an increase of 46% over 1942.
The net gain of insurance in
force approximated $19,000,000, bringing the company total insurance v
in force in excess of $100,000,000 at the year's end.
Both of these
«
the
of the
:
'/*
the
2297.
p.
•
1943 was
-
the company's largest stockholders,
of
158,
v
shares of the
but the assets of
of
and cash to stockholders.
The carrying value
accordingly been reduced on the books of The
Corporation under the
one
said.—V,
■
for the
The
is
estate
announcement
closing his report, that the company had invested practically all S
its new premium
income in F, S. Government bonds.—V. 156,
the cash payment, to which such
p. ,2312,
holder shall be entitled under the proposed exchange offer.
(5) It
is
further proposed
(hat in lieu of fractional ■ shares of
U. S. Realty & Improvement Co.—Seeks Interest on
Philadelphia Electric Co. common stock and Delawaie Power & Light
Debentures—
Co. common stock payments in cash will be made on the basis of the
The-debenture holders" committee has filed with the trustees,
the
closing market price on a designated day or the.average closing market
-price on three successive designated days on the New York Stock ■ .company and the Securities and Exchange Commission notice that it
is making application to the court for an order authorizing and direct- y.
Exchange with respect t*> Philadelphia Electric Co. common stock, and .
on the Philadelphia Stock Exchange with respect to Delaware Power &
4ng trustees to pay Jan. 1, 1944, interest coupons on outstanding deben¬
,Light Co. common stock.
/■../■' ,!"
.'!•-;• !:!
f
:.-,f tures.
United holds 2,022,074 shares of Philadelphia Electric-Co. common
>,
A Federal Court recently approved petition of the company to reor- 4
stock, representing 19.3% of said company'^ outstanding voting securi¬
ganize under the Bankruptcy Act.
In the petition the company stated
ties.
it was. unable to. meet its debts as they mature.
Debentures totaling
By
virtue of United's ownership of 6,066,223 shares of the
commcn stock of The United Gas Improvement Co., United expects, to
$l!943,500 matured Jan. 1, 1944.
The motion papers served by the debenture
committee, of which
receivo-303,311 3/20 shares of the common stock of Delaware Power &
C. Shelby Carter is Chairman, state that on Jan. 1, 1944, interest cou¬
Light Co., representing 26.1% of the outstanding voting securities of
said company, as a partial distribution of capital -by The United Gas
pons amounting to $58,305 became due and payable on the $1,943,500
of outstanding debentures and' further state: "payment of such interest
Improvement Co., pursuant to a supplemental plan approved by an
order of the Commission dated Dec. 28,
1943, and . subject • to. the
would not affect formulation and preparation of a plan or the due
and proper administration of the estate."—V. 159, p. 587.
approval of stockholders of The United Gas Improvement Co. at a
meeting scheduled for Feb. 29, 1944.
If the plan for which approval
is sought by United is fully consummated,
all. of the shares of the
United States Plywood Corp. — Demand for Surplus
common stock of Delaware Power & Light Co;; expected to be received
Aircraft Plywood Activeby United will be disposed of and United's holdings of common stock
Active
demand
for
surplus aircraft plywood obtainable without
of Philadelphia Electric Co. will be reduced
from 2,022,074" shares to
•priorities, has developed at the Chicago, Philadelphia and New York
approximately 155,540 shares,, or 1.5%
of the outstanding voting
.•warehouses of the United States Plywood Corporation, according to
securities of said company.
In addition United's outstanding shares
Monroe W. Pollack, Metropolitan Sales Manager, who added that "ever
of
$3
cumulative
preference stock will be .reduced 'from
2,488,712
;'since it became known that, certain types of aircraft plywood had
shares to 1,244,356 shares.
Shares of preference stock- to. be received
become available for open-market sale, there has been an active and
by United pursuant to the exchange offer are proposed to be retird .
increasing demand for such plywood." ,He explained that this priorityin accordance with the applicable provisions of the General Corporation
free aircraft plywood results from
cancellations, over-runs and cut¬
Law of the State of Delaware,-—V, 159, p.'387.
backs on War orders.,
Mr. Pollack further stated: "Manufacturers of novelties, furniture, _
supple¬
distribute
Status of'the
shall
respectively,
stock,
Corp.
'
•
■
' • " •' "
Securities and Exchange Commission has approved a
whereby The United Gas Improvement Co. will
to its stockholders substantially all of the common stock of Delaware
Power & Light Co. owned by it.
Under the terms of this plan
corporation expects to receive during May, 1944, 303,311 shares
common stock of Delaware Power & Light Co.
•
■
•-
Irwin
The
Miller7*''
.
reduced from
The
Irwin's.
!
meeting of
Hugh Th.
board to succeed
Mrs. Miller-is a niece of }Ax.
recently deceased.
Irwin,
Walliam G,
ticable.. certificates for the aggregate number of shares of Philadelphia
Co. common stock and Delaware Power & Light Co. common
.the holdings of Treasury notes, tax series
were
$350;000 to $112,300 by the use of part of those notes
pay¬
ment of income taxes.
V Corporation continues to be the owner of 6,066,223
:
capital stock of The United Gas Improvement Co.,
that company have been reduced by the amount of the distribution
mental plan
,
Electric
America Treasury
to $8,000,000, and
United
Frank F. Kolbe, President, on Feb. 4 announced that at a
,
its
stockholders
the Holding Company Act.
stocks received were
the corporation
stock of Public
B,
grain cash tickets
payable-and accrued
-figures indicate a new high for the United States Life and show the
largest gain in the, company/s history in any one year since its Xthere¬
organization over 94 years ago.
after remain open, on
a
"first come, first- served" basis, for an V while ordinary production in 1943 exceeded the 1942 figures by
additional period of 80 days "which the board of directors may! in its*
over
23%, the total number of applications submitted were 8%- less,
discretion and upon further notice to holders, of the preference-,stock.
indicating that the average amount of insurance, applied for had
extend for a further 60-day .period.
!. substantially increased. :T Mr. Freeman also reported that accident and
(4) The plan further provides that the offer may be accepted only
health premiums had increased over 50%for 1943, which indicates
by the deposit with a depositary to be designated by Unitedof the
a
noticeable tendency in the .public's appreciation for this type of
certificates of the shares of $3 "cumulative preference stock, to be
coverage.
Group insurance also showed a substantial gain over 1942,
exchanged.
Upon presentation by the holder - of certificates: of the
thereby giving proof of industry's marked interest in employee reia-r'
shares of
$3 cumulative preference stock to: the depositary, for ex¬
tions today.
change, the depositary will deliver to such .'holder,., as soon "as prac¬
As a further aid to the nation's' war program, Mr. Freeman addedt.
which
.stock
'
,
and ex¬
of $5,- •'
' ,.!'-V/
t! the board of directors held on Feb. 3, 1944, Mrs.
of Columbus, Ind„ was elected to membership on the
.
dissolution of Columbia Oil
.,
United Electric Coal Cos.—New Director—
made with respect to
of United's $3 cumu¬
including , any and all
rights and claims to accrued and unpaid dividends thereon.
(3) If the provisions of the plan are approved by the Commission
it is proposed that the offer of exchange be mailed to holders of the
$3 cumulative preference stock, and that the offer remain open for a
minimum period of 10 days after such mailing.
If, during said 10-day
period, more than 1,244,356 shares of the preference stock, to which
'number, of shares the offer is limited, shall'-have been-tendered /for:
exchange, it is proposed that a pro-rata distribution of the. securities
and. cash to be exchanged shall be made among all holders who. have
.tendered pi-eference stock, on the basis of the total number of shares
of
preference stock tendered.
If less than 1,244,356 shares of the
preference stock shall have been tendered during said 10-day yriod,
it is proposed that the exchange be made for all' shares of preference
* •
The United Gas Improvement Co. to
common
pursuant to a plan under Section 11 of
The
fractional shares of these two common
subsequently sold
As a result of this distribution
now owns a
tptal of 1,493.789 shares of the common
'Service Corp. of New Jersey.
>
(d) During the year holdings of United States of
notes, tax series C, were increased from $4,000,000
•underlying securities
of these shares has
-
<
of Delaware Power & Light Co.,
in cash.
•
•
offer .of exchange is proposed to be
rights and claims represented by each share
lative preference stock delivered for exchange,
received 2,022,074 shares of
shares of
'
•
Philadelphia Electric Co.:
Dominion of Canada '
bank
ovedrafts,^
and orders outstanding, $1,401,681; ac¬
liabilities, $1,480,866; bond interest ac¬
crued, $45,208; shareholders' dividends, $186,227; patronage dividends, _
$775,000; reserve for income and excess profits taxes, $251,415; other r
-'taxes
accrued,
$34,819;, construction
loans payable, $250,000; first
•mortgage sinking fund bonds, $2,800,000;
capital stock, $3,174,000;
general reserve, $.1,647,057; capital surplus, $80,749; earned surplus,
"$458,412; total, $28,127,827.—V. 157, p. 903.
.
'
(2) The
' 'uf+M
corporation received in April, 1943, as a
liquidation of that company, $84,769 as a
share on the shares of the common stock of that company
corporation owned.
'
"
>
(c) In August, 1943, the corporation
the common stock of Philadelphia Electric Co. and 505,518
the common stock of Public Service Corp. of New Jersey
by
shares of common stock of
share of the common stock
and in banks, $531,403;
1943
$105,393;
counts
(c) $3.75
portfolio occurred dur¬
'
'
the
x/\
81,
$5,894,526;. total, $28,127,827.
Liabilities—Bank
loans
(secured),
$15,437,000;
and
•
the year, principally during the
all the common stocks of indus¬
trial companies held in its portfolio, with the exception of The Lehigh
Coul & Navigation Co., at a net price of $4,495,790.
This amount
represents a net profit of $20,944 over the cost of these securities,
■which were acquired during 1939.
The total income received on these
industrial securities from 1939 to 1943 amounted to $825,122.% The
proceeds of these sales are being held in cash and short-term United
States Government obligations pending further developments in the
corporation's plans for compliance with the Public Utility Holding
Company
iy2
(b)
all
the corporation's
penses,
$3 cumulative pref¬
liquidating value .of
■
(a)
.tUnder Do¬
'
y.
(estimated),
July
$58,224; employees' pensions, $300,066; bond discount
$103,909; capital assets (less reserve for depreciation
ments,
31,
At Dec.
share.
•following:
in Portfolio
ing 1943:
;
(aj
During the third quarter of
month of July, the corporation sold
'
stock
per
Sheet,
.924,126),
1943, accrued and unpaid dividends on
preference stock aggregated $12,443,560,.or $5 per share.
On Janv19,1944, a dividend of $1.25 per share was declared payable Feb. 14, 1944.
United proposes to offer to exchange for each such share, up to and
including 1,244,356 shares of said outstanding preference stock, the
based upon last quotations in 1943 on
and the New York Curb Exchange, was
$106,295,424.
The net unrealized depreciation,, in the portfolio at
Dec. 31, 1943, based upon market quotations, was $37,326,761.
The
net unrealized depreciation in the portfolio at Dec. 31, 1942, based on
market quotations, was $83,042,200.
The
has outstanding 2,488,712 shares of
with a voluntary and involuntary
(1) United
corporations at Dec. 31, 1943,
the New York Stock Exchange
Changes
cause
proposed transactions
erence
in other
market value of
will
as
the
$50
if ' 1
Indicated Market Value of Assets
>
the corporation's investments
.
The indicated
Act
'of
Balance
bonds, $600,000; accounts and bills receivable, $622,579; inventories,
$19,883,706; deferred charges' and prepaid expenses, $133,413; invest¬
in a manner consistent with the provisions of the
it to cease to be a holding company,
A summary
follows: \
f .:/<\! '* •
action,
take such
poration's portfolio continue to be adversely affected by the
increased war taxes, and the corporation's dividend income accordingly
; continues to be substantially below income received in pre-war years.
As
of Dec.
31, 1943, the corporation had no debts (other than
accrual for taxes).
Cash and Government securities (at cost) as of
the same date amounted to $15,092,821.
•
>
1
•
< '
Assets—Cash, on hand
■.
1935 proposing that United, change its exist¬
capitalization to one class of stock,'namely, common'stock, and
ing
profits taxation
Consolidated
Public Utility
under Section Jl, (e) of the
for approval of a plan
'Holding Company Act of
minion
March 7 on the company's application
will hold a hearing
engaged in the management.
company actively
income and excess
parent
Plan of Exchange—.-•
Hearing March 7 on United
The SEC
'
showed some Improvement in
the companies represented in the
income
earnings of many of
1942,
■over
(of
Corp.
United
-
M. /•
Report—Wm.
Del.)—Annual
Hickey, President, states in part:
•
*
—
•
bistiners /f of^meflcdi. Ltdi;
director of this corporation and a
committee, died in New York City on Feb. 4
i1
i, i
'
<■> d J A>
Mr. Filbert had been connected with the corporation since its organi¬
sation in 1901.
After serving as v Controller and Vice-Chairman of
The finance committee, he was elected-chairmaa of the committee on
•
'after
Dominion; of Canada
a
Filbert,
J.
William
member
Sept. 30,- 1943./
$196,858:
United States Steel Corp.—Obituary—
-
;
-/.
,
of its
78,\ senior
finance
illness,
brief
t
•
3%, 1957, $10,000; amount owing by., a-shareholding, company,
$14,905; trade accounts receivable, $195,370; advances .towcustomers,
,$22,362; estimated amount recoverable under 'Dominion Government
Jan. 1, 1934, succeeding Myron C. Tylor.
He continued in this position
'subsidy, $38,072; inventories of stocks on hand,/on consignment, and-/
until Jan. 1, 1936; when he retired to become a general consultant to
in transit,
$1,487,846: investment in and amount owing byvwholiythe executives, of the corporation.
|-\owiied foreign subsidiary company, $209,411; miscellaneous,'.investments
.at. cost
(less, amounts written off), $7,527;:':. land,
buildings; < plant,
/ ; New Steel Plant Starts Operations—
»
,
.
,
;
machinery, equipment, automobiles, etc. (less reserve tor.-depreciation
It is announced-that production of steel started on Feb. 3 at the
of
$860,707), $356,169: unexpired insurance premiums/and - prepaid/ ',
.'Defense Plant. Corporation's $180,000,000 steel plant near Provo,- Utah,
.expenses,
$45,321;. goodwill, trademarks, licenses,>;etc-;/at ;cost; (less ^
'with the charging of, the first open-hearth furnace,
This plant, the ,
amounts
written
off), $45,001; estimated;/refundable proportion^/of/
•largest in the West, is operated for the United States Government by.r
excess profits tax
for the period from July 1, 1942,,to Sept.: 30, ;1943
Geneva Steel Co., a subsidiary of the United States Steel Corporation-.
(per contra), $40,000; total, $2,191,275.
! It will have a yearly capacity ;of approximately 1,280,000 tons.
This
Liabilities—Loans .and
overdrafts,
$283,327;
outstandingchecks,•>/ newest addition to the nation's open hearth steel capacity is one of $56,910; accounts payable and .accrued-.liabilities,;:^$123,035;^purchase / •nine.basic
open hearth furnaces each with, a capacity -of 225 tons of
contract obligation payable Jan. 15, 1944, $10,927;:reserve fpr loss, onv;
steel per heat.
The announcement further goes on to say:
rejected cars of industrial alcohol, $150,000;. reserve for income,? excess ^ •i"7 "The Columbia Steel Co.^another subsidiary, began construction of
^profits and other taxes (after,payment of $90,600 on,account of taxes
thi's.The first fully integrated .steel plant west of the Rocky Moun¬
on income
for the year ended Sept. 30, ,1943)./;$194!056^reserve!'for !
tains, in April ;1942, for the Defense Plant Corporation.: To date/'
contingencies; $50,144: capital surplus arising frpm the;acquisition by. a >
Geneva. Steel Co;,-', under contract with Defense Plant Corporation to
subsidiary company of shares of the parent; company:!at/a/cost^ less !
operate it for the war period without profit or fee, has put into
than the average''stated value, $47,759; estimated refundable proportion
operation one of four, batteries of coke ovens, one of three blasi) _
of excess profits tax for-the period f rom . July, ;i,; 1942, to-.Sept; ,30^ .1943: _
furnaces' and
iron-xasting-facilities, ore, coal, and coke handling*
"(per contra), $40,000; share capital^671,086 no,par sharps), .$1,007,039;
-facilities, the sintering plant, the power house with its 50,000 Jew.
earned surplus, $228,078; total, $2,191,275.--^.!...157/-p..Z479.'
generator, water treatment plant, pumping stations, one of the largest
/"industrial maintenance' shops, in the country and 70 miles of railroad
en the. 1600 acre plant site,
v
if
!•"•
v.^'./'•
'!J'-'
',M
United Grain Growers, Ltd. (& Subs.)—Earnings— •;
"In, addition to the production facilities at the plant, Geneva Steel
Years End. July 31—
1942/'v v
1943
1941/';.!' 1940 I'¬
;Co. has taken over the operation of the Geneva coal mine in south¬
Profit for year,
before - :
' ■" ! ;t
eastern Utah—which was newly developed to supply coal at the rate
.
charges
$1,233,388 ll,112,383 C $1,142,458- $1,249,161
-of ,8,500 tons. per day—and the limestone and , dolomite quarry, some
131,568 .w"; 135,377/;:.; " 130,497
Interest on bonds
119,534
25 miles from the plant.
Employment at the plant has now reached1
bonds,
Net
$3,948,799
Earns,
On
On
per
$9,557,142
7,466,136
7,466,136
$3,912,991
$1.59
Dr0.24
$1.43
$2.74
$3.84
Dr 0.27
Dr$.05
0.14
le-
(deficit)
Balance
$6,811,214
7,466,136
$3,517,337
div.
pref.
quirement.
$3,553,145
7.466,136
income
Annual
share:
.
preference stockstock—j:
common
♦Surplus.
*
Balance
5;
$654,922 ^$2,091,006
Assets—
Investments in
Columbia
.
Sheet, Dec. 81, 1943
/!.;:!•/:%;!///:
'
Gas &
stocks of corps.:
>'r
Electric Corp com. stock (2,410,856 shs.)_ $18,985,491
16,915,026
Power Corp com. stock (2,333,107 shs.)__
Niagara Hudson Power Corp. B option warrants___________
Philadelphia Electric Co. com. stock (2,022,074 shs.)______
Public Seryice Corp. of N. J
com. stock (l,493;789-shs.)__
United Gas Improvement Co. cap. stock (6,066,223 shs.)— _
Niagara Hudson
■
Other
companies:
Water Works & Elec. Co,,
American
v
/•' .(63,002
.
•
40,4593,553
15,434,570
Ino., common stock
& Southern Corp. com.
716,648
3,371,756
stk. (1,798,270 shs.)
188,438
Corp. option warrants.^.—
Consol. Edison Co. of N. Y., Inc., com. stk, (203,900 shs.)
Consol. Gas Electric Light & Power Co. of Baltimore common
stock (33,175 shares)
_—
Commonwealth
>•
145,530
40.444.281
_____■_-!!.
shs.)
Commonwealth
•;
& Southern
4,460,313
2,090,025
—
Lehigh Coal & Navigation Co. com. stk. (48,705
States Government securities (at cost)——
176.556
shares).
8,212,200
•United
Cash ■:in
banks
•
6,880,621
2—•—-w—~~—w-
.
•
'
.
,
J_$158,715,007
•
Directors'
Liabilities—
•V.-*-/ '■
'j
Capital Stock: : ■ • ■•.-://;■ •''•!'.■.:;':;■"/;••!'•;■
$3 cumul, pref. stock (stated value $5 per share)_____.
Common stock (stated value $1 per share)—
$12,443,561
14,529.492
'
Accrued
:
taxes
other
Accrued Federal
Capital
than
income
surplus—arising
income tax.,__
from
preference stock
Other capital surplus
Earned
surplus
.—
Total
!;-•
30,170
249,887
tax
reduction of
stated value
of
111,992,048
1
__!
15,223,604
4,246,246
___________$158,715,007
fees
of
'9,280
34,400
employees'
Profit
♦And
lor
for
the
41,285,1;:
37,833
96,665,
year__
into production at approximately weekly intervals from Feb. 3,
another battery of 63 by-product coke .ovens will be started up during
68,509
17,637
18,095
15,346
495,195
47,7,019
1130,000
-
16,898
$244,769
executive
officers
go
Some-of the rolling mill facilities, designed to supply ship
the west coast' shipbuilding industry, will be ready for
late" in March.; Raw material's are being assembled at the
rate of approximately 75 cars per day, and-as operations are broad¬
ened and stepped up toward full capacity, around 500 cars of "freight
will move to and from the Geneva Steel plant daily."—V. 159, p. 487.
"February.
.plates
■
-225,000
$220,810
$248,770!
$374,241
represented
by
directors of the
for
operation
456,185
'215,000
.
another 750 employed'in the coal mine and quarry.
* !•"''.
other open hearth furnaces which were scheduled
with
"In addition to two
-to
-
486,103
of
' !': 8,507
of
taxes
salaries
•■
1,500
:
-
t225,000
pension
for deprec.
capital assets
.Provision
38,225.
9,661
'
.
.
.
Annual meeting expense
Provision
9,-980
________
amount
paid as
counsel and legal fees
Contribution in respect
♦Total
.
\
'
;
(Continued
on page
682)
¥
1
Volume
159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
Stock and Bond Sales
-
Below
we
YEARLY
-
disregarded in the day's range, unless they are the only transactions of the day. No account is taken of such sales in computing the range for the year.
United States Government
furnish
Hew York Stock Exchange
DAILY;'";-: WEEKLY
:
NOTICE—Cash and deferred delivery sales are
«»
Securities
the New York Stock Exchange
on
in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds
Figures after decimal point represent one or more 32d of a point (See note below).
daily record of the transactions
a
week.
Stock Exchange during the current
100
100
Total sales in $1,000 units
1.
\
("High
f Low
(High.
1964-1969———.{ Low
[Close ;
2Vis, Dec.,
[Close
Total sales in $1,000 units
Total sales in $1,000 units——-
(High
—J
2Vis, 1967-72
(High
'
———i Low
■
"
-
'
—
"
(High
—
2y«s, 1951-53—
(High
-———\ Low
3y4s, 1944-46
Low
[Close
Total sales in $1,000 units
[Close
Total sales in $1,000 units
Feb. 11
100
100
[Close
3%S/ 1946-56—
Feb. 10
100
[Close
[ Low
York
Feb. »
100
Total sales in $1,000 units—
-
Feb. 8
Feb.,7
Treasury
(High
2yas, June, 1964-1969.——•{ Low
High".
4Vis, 1947-52,,;■■
Feb. 5
Daily Record of C. 8. Bond Prices
Dally Record of U. S. Bond Prices
treasury
the New
on
Low
[Close.
■
Total sales in $1,000 units—
[Close
...
[High
Total sales in $1,000 units
ay4S, 1952-55
[High
iViS, 1946-49———————j Low
[Close
-
■
Low
-
'
[Close
Total sales in $1,000 units
-
,
-
2V*s, 1954-50
\ Low
[Close
i
:
j High
—J Low
3Vis, 1949-52—-—
(High
•
Total sales in $1,000 units-—
Total sales in $1,000 units
[Close
(High
as,
Total sales in $1,000 units—-——
(High
\ Low
[Close
3s, 1946-48
Low
[Close
Total
sales in $1,000 units
(High
_] Jbow
(Close
8s, March 1948-50
Total sales in $1,000 units—
(High
Total sales in $1,000 units
—j Low
[Close
38, 1951-55———
———■)
1947—
I
——
(High
.
■,
3s, Dec. 1948-50——
Total sales in $1,000 units--——-
2%8,
1955-60—---------{Low
,
(High
..
[Close
.
Low
[Close
Total sales In $1,000 units—
[High
3s, June, 1949-51—.—
Low
■
-
Total sales in $1,000 units—
[Close
Total sales in $1,000 units———
Low
28,
[Close
Total sales in $1,000 units
1949-1951
Sept.,
Lot*
-,
Close
—
Total sales In $1,000 units.
[High
2%S, 1948-51—Low
1949-1951——
as, Dec.,
[Close
Total sales in $1,000 units——.
—.
Total sales In $1,000 units.
(High
Low
2ViS, 1951-54————I
Total sales in $1,000 units———
;
High
:
LOW
2s, March, 1950-1952
[Close
•
Close
Total sales in
;
$1,000 units.
(High
2s,
._{ Low
1950-1952-
Sept.,
(Close
Total
Total sales in $1,000 units.
sales in $1,000 units:
High
f Hign
:
High
f High
2S,
—J Low
[Close
~
[High
(High
2s
Low
————
Total sales in $1,000 units.
Total sales in $1,000 units——---J
(High
2V4S,
1953-55
Close
[Close
.
units.
Total sales in $1,000
—.—J Low
1945-——J,
Low
1951-55———-——
Close
Total sales in $1,000 units-——-
2Vis,
100.13
100.13
—
Total sales in $1,000 units.
Total sales in $1,000 units—.
2%«, 1960-65
100.13
Low
Close
2s, 1951-1953
\ Low
[close
2%s, 1958-63
l%s
|1948-—-i—w-j LOW;:
1948—————
[Close
Total sales in $1,000 units.
Total sales in $1,000 units
(High
J Low
[Close
2Vis. 1949-53—,—
Federal Farm Mortgage
Total sales in $1,000 units.——
3 Vis, 1944-1954Low
(High
Close
Total sales
in
$1,000 units.
Total sales in $1,000 units——
2Vis, 1952-54
—-
Total sales in $1,000 units
:
High
(High
j Low
[Close
Low
3s, 1944-1949
Close
Total sales in $1,000 units.
—
(High
2 Vis,
Home Otvners
—(Low
1956-58——
Loan
[Close
Total sales in $1,000 units—
High
f High
.-■? Low
[Close
3%S, 1962-67—
Total sales in $1,000 units-
100.18
8
;
[High
Total
Low
[Close
sales in $1,000 units——-
•Odd
lot
IViS, 1945-1947
—.
Low
1963-1968—i
100.18
Total sales in $1,000 units
[High
2%s,
100.18
Low
Close
3s, series A, 1944-1952
—
—
[Close
Total sales in $1,000 units—-—-
tTransaction
sales.
of
registered bond.
NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES
Saturday
,!
Monday
f per
•57%
Feb. 8
581/2-.
581/a
58 Va
'
581/4
110% '
•no
•47
50
•47
•54
56
•54'/2
•no
r
50
•:
;
Wednesday
Thursday
Feb. .9
t per share
$ per share
share
110%
•110
Tuesday
Feb. 7
Feb. 5
58%
110%
47%
47%
Feb. 10
Feb. 11
EXCHANGE
I per share
58%
58%
58
HO1/2
llO'/a
*110
58
110%
I per share
•57%
•110
57%
110%
50
*47
50
•47
50
•56
Shares
900
10
10
56
55%
55%
55%
55%
*55%
10%
571/2
200
10%
57%
10%
10%
101/2
10%
IOVa
10%
27%
•27
10%
28
5,600
27%
27%
10%
27
27
*26%
27%
•I9V2
19%
•19%
27%
300
•19%
•261/2
19%
19%
20
20Ve
40%
4iy4
40%
40%
40%
40%
80
751/2
751/2
10%
10%
•27%
40%
40%
80
*751/2
•75%
80
5%
6
6
6
137
•136
*75%
137
*136:
'/a
6
*134
61,8"
136%
6
136 »/2
20
20
40%
40%
20%
20%'
4Q%
40%
*76
6%
•134
,
80
•76
6
6
6
136
136%
•135
80
6'/a
137
700
2,400
20
4,500
30
2%
21/4
2%
21/4
2%
2Va
2»/a
2%
25'/2
-
25%
25i/4
26%
24%
25%
241/a
24%
24%
26
39%
381/4
38 y4
251/4
26%
12,300
•37 y2
38
381/2
139
39%
261/a
.401/2
1,200
261/4
•33'/a
40
.•38%
25%
26
25%
26
•71%
75
•71%"
75
145
16
161/2 '
30%
9%
9%
144%
•14
30%
Foy
■
1441/2
IOVa
*9%
*1441/4
"
.
footnote.'!
30%
see
31
*9%
75
10
•71%
•9%
75
10
145
145
.144
16
•14
16
31
31
30%
655.
30%
1%
261/2
*14
16
page
*71%
26
.
1451/2
Year 1043
Range since January 1
Highest
NEW YORK STOCK
the Week
2 »/4
2%
25%
.*,73
*14
311/a
2%
26
.
•9%
145%
•21/4
261/4
261/2
75
75
75
10
145%
I51/2
32
9%
•1441/2
•14
31%
9%
146
11,500
2,000
20
.
-
Abbott Laboratories—
4%
Reduction
Alabama &
Inc.
—No
par
Vicksburg Ry——-100
Alaska
Jupeau Gold Min.
—10
Albany & Susquehanna RR
—100
Allegheny Corp.
——1
5ya % pf A with $30 war——100
$2.50 prior conv preferred-No par
Alghny Lud Stl Corp.
—No par
Alleg & West Ry 6% gtd
-100
—
Allen Industries Inc
Allied
Allied Kid Co.
Chemical & Dye
Allied Mills Co Inc...
—
—1
—No par
$ per share
share
51%
631/2 Mar
Jan
Jan
Jan
Jan
35%
Jan
3
55% Feb
lli/a Jan
41V*
Jan
7%
Jan
291/2 Jan
20% Jan 20
25 Va
Feb
Apr
321/2 July
14%
Jan
"21% Mar
26 ya Jan
191/2 Jan
31
6
11
1151% Sep
Nov
108
Jan
.
52
July
571/s Sep
13
3
411/2 Feb
Jan
48%
13
751/2 Feb
67
Jan
76 y2
Sep
3
6% Jan
1
9
15
38%
Jan
5% Jan
Jan
71/a
Apr
Jan
3
Jan
25
85
Jan
128 V2
Dec
2Va Jan
6
39% Jan
75
124
23!/2 Jan
Jan
37
3
4
Jan
3
Jan
21
9y4 Jan
3
24'/a
70
1425/a jan 26
5
14
Jan
4
—No par
30
Jan
25
—
per
2
53
Air
share
24
Feb
10% Jan 27
Address-Mutigr
per
Jan
58
Adams Express———.
Adams-Millis Corp——
No par
No Par
Corp————10
S
109% Jan 17
47
700
7,100
—100
I per share
No par
Acme Steel Co——————25
500
31%
No par
preferred—:
:
Abraham & Straus—
400
151/2
Par
■
Highest
Lowest
Lowest
"
f per share
•47
Range for Previous
STOCKS
Sales for
Friday
137
3%
31/4 July
21/2 Jan 11
tPS
Jan
3
40% Jan 11'
5ya
Jan
32 y4
26% Feb
Jun
Sep
13
Jan
45%
27% Jan
12
181/a
Jan
311/2 July
Feb
11
64
Jan
75
IO1/2 Jan
25
7
7
Jan
Jan
1401/2
Jan
161/2 Feb
5
10%
Jan
16 y»
Jan
75
150
Sep
May
Hi/2 Jun
165
July
14% May
37% Nov
7 777/7/
646
CHRONICLE
THE COMMERCIAL & FINANCIAL
•/•
•
'Monday, February 14, 1944
-
RECORD
NEW YORK STOCK
Range for Previous
.STOCKS • ^
-•
Monday
Feb. 5
Feb. 7
$ per
share
14%
14%
:
*96%
97%
*96%
97%
36%
36
36%
36%
36%
36 Va
36
19%
19
19%
19%
19%
*18%
19%
*96%
97%
*96%
2%
33%
2%
33%
84%
82%
83
82%
83
*82
*83 %
*29%
30%
29%
29%
29%
29%
*29%
*59%
60
*129
39
35
:
35
34%
i
71
71
*109%
110
*12%
13%
15%
1?%
101%
108
108
*2%
2%
10%
*9%
34%
71
70%
15%
15%
*100%
109%
110%
110%
109%
110%
12%
12%
12%
15%
15%
15%
15%
2,000
*100%
101%
*100%
101%
V
109%
110%
24 ;"•/■
25
24
24
,v
24
5%
5%
82%
84 %
83
83
18%
19%
18%
19%
18%
18%
18%
72%
73
73
*41
67%
:
5%
.■■:■
5%
7
20'A
20%
44.300
:
74
74
73%
73%
2,300
♦34
35
35%
100
3%
500
*7%
5%
64%
15
15
*116
*116%
117%
*33
33%
15%
84
84
83
14%
14%
14%
*9%
118
2% 7
2%
32%
32%
2%
2%
33
33
2%
2%
2%
2%
2%
45%
46
45%
'45%
45%
45%
40%
40%
40%
40%
40%
40%
41
13% :
66
14%
*14%
14%
*14
66%
66 %
766%
66%
67
*14%
14%
*14 %
14%
14%
14%
14
13%
28%
28
28%
14%
14
14%
28%
28
28
*150%
25%
15
25%
26
25%
26
25%
26
15%
15
15 Va
15%
15%
15%
15 Va
18%
*18%
18%
18%
18%
18%
18%
29%
29%
29%
18V4
18%
29%
29%
63%
63
64
*145%
146
10%
43%
10%
10%
10%
43%.
43
119
Amer Telep &
61%;
63%
61%
62%
6,600
146 Va
146
146%
146%
250
10%
10%
43%
42%
43%
43%
10%
10%
43%
.
Y.7',Y-^
7
/7;;7/T7f7:
•
4%
4
•
47
*40
'
*40
•
7
*87
*6%
7
7
7
72
72
72
*71%
47
*40
47
*40
47
4%
-4%
4'A
■4%
4%
4%
/■47;.,' /
•40
24%
25
24%
25%
25 Va
25 Va
25
25%
25
253/4
25%
25%
25%
25
25 Va
25 Va
25 Va
25%
20%
20%
20
20
20%
20%
20 Va
*20
115%
115% %
*9%
.
2%
5%
82%
37%
38
12%
88%
*35%
*104%
,10Va
10 Va
2%
*2Va
2%
44%
44%
45%
45%
45%
300
5%
5 Va
5%
5%
5%
13.300
82%
82%
37%
37%
9%
*9%
9%
9Va
9 Va
"9 Va
9 Va
36%
*35%
104%
105
106 '•
*105
57%
57%
58%
58
57%
58%
86%
87
86%
88
88 %
88 V3
88
30%
31%
30%
31%
31%
32%
*25%
26%
*25%
/:
27
*57
61
*60
61
*58
26%
26%
26%
109%
109%
109 %
25%
♦109
12
*55
55
*
8%
*7%
72
72
3%
19%
6%
73
73
57%
115
7%
•
..
:
73
*15%
19%
18%
19%
7Va
6%
Y'Y
11%
12
61%
60 %
61
61
61%
23%
24
*23%
24%
23%
24
12%
*12 V#
12%
*12 Va
44%... /;
*44
44%
44%
44%
16%
16%
16%
24
'Y,
12%
*12
44%
*44
15%
9%
*33%
117
♦10%
26%
*32
33
*107
107%
*9%
9%
34
*33 %
117
*114
10%
16%
*26
32%
9%
34
114%
16%
16%
26%
*32
107%
*107
9%
16%
*26
32%
32%
10%
«
Y"
10%
9%^
,
107 Va
107 Va
*9%
9%
*33V2
34
*33%
34
*114%
117
*114%
117
10%
10%
*10%
16%
16%
26%
*26
33
107%
107
16%
16%
16%
•
10%
Y
r
16%
32%
16%
16%
*107
9%
34
33%
*115
10%
*107
10
For
33%
117
10%
*33%
*115
10%
10.
2,900
20
34
117
600
10%
13
13
13%
12%
13%--
13
13%
13
13
13%
13%
33%
34%
33%
34
33%
33 7 a
33%
33%
33%
34
footnotes
see
page
655.
6,200
200
10 Va
■
2%
35.
21
1st
preferred,,
37%
5
4%
7
Feb
8
5%
46
Jan
10
39%
Atl
*
-
&. W
G
Jan
Feb
11
24% Jan
5
3
120 7 Jan
13
5%
non^cum
4%
conv
Atlas
/.:>
Jan
5
16%
Jan
17
6 Va
Jan
166
Jan
22
3
14% Feb
1
10
Jan
11
3
7
14 Va Jan
8%
Jan
14% Jan
12
12%
Jan
3
28% Feb
11
25
Dec
32% Mar
3
38% Jan
5
36
Dec
47% Apr
Jan
13
150% Feb
11
144%
Feb
43% Jan
20
35%
Jan
Oct
151% Aug
Jan
29% May
147
4.
40% Jan
4
149% Jan
12
150% Feb
8
141%
24% Jan
3
26% Jan
17
19%
May
161
Aug
45
Apr
Dec
16
11% Mar
16 Va Jan
4
3
17
3
12
Jan
17% July
17%
Jan
33
Jun
11
91
Jan
115
Aug
21%
Jan
Feb
Jan
11
xl9%Jan
32
Jan
7
115% Feb
27% Jan
3
Jan
6
29
111
Jan 21
30
32% Aug
158% July
10
127%
Jan
56% Jan
3
63
Feb
1
42%
Jan
57% Jan
3
64% Feb
3
43%
Jan
65% July
Jan
7
146'/a Feb
in
129%
Jan
146% July
8% Jan
3
711% Jan
19
6%
Jan
42% Feb
8
46% Jan
24
156
.
139
157% Feb
xll6% Jan .14
118% Feb
1
7% Jan
29
88'/a Jan
22
3
7% Feb
3
3,
73% Feb
4% Jan
11
3
Jan
3%
88% Nov
8% July
55%
2
Jan
79% July
3%
Nov
11
42%
Jan
7% Apr
54% Mar
5
24 Va
Nov
31%
26% Jan
5
24
Jan
29%
20
Jan. 7
20% Jan
28
16 Va
Jan
23% July
Feb
8
111%
Jan
10% Jan
11
8%
Dec
IVa
116
Jan
6
9% Jan 10
114
;
Jan
3
Jan
85
,
9
22
9% Jan
Jan
3 Va
34
Jan
47%
Sep
3
Jan
6%
Sep
6 Va Jan
7
89
Jan
8
46
Jan
119
Jan
7 Y
49
30
; 39% Jan
9% Jan
90
.
17
4
4
10
13% Jan
5
6%; Jan
72%
Jan
97% July
Jan
94% July
29
Jan
39%
Oct
6
100
Jan
108 %
Nov
60 % Jan
Jan
7
89
3
22-
44%
Feb
10
66
II
24%
Nov
19
Jan
44
Jan
•-5-Y
29
Jan
.8
61
Jan
6
14
28
Feb
10
4
106
15
6%
50%
52
Jan
113
Jan
% Jan 24/
116
13 -J
Jan
16
Jan
10 Y
Y
4
8% Feb
3Y
,
J"
3% Jan
3
4 Va Jan
18% Feb
7% Feb
13% May
57
123 7
16
Jan
9% Aug
Jan
85% Aug
Nov
0% Apr
3%
.
10% Man
65
3% Jan
7
20% Dec
Apr/
Jan
14%
Apr
5%
Jan
12%
Apr
34Va. Jan
63 V*
Jan
Dec
7,12
Feb
28% July.
.15% Sep/
12
Jaif
43
Jan
24
26% Jan 24
7 12% Jan ; 5
45 1 Jan
4
30
Jan
47
16% Jan
13
17 % Jan6
12 Va
Jan
19% July
16% Feb
13%
Jan
20% Mar
23 Va
Jan
23% Feb
15% Jan
3
Jan
7
31% Jan
7
34% Jan
106% Jan
12
9% Jan
22
Jan
J1
34
8
107 Va Feb
26
31
27% Jan .18
24%
Jan
Dec
11% Jan
7%
Nov
Jan
25%
Jan
llVa Jan
4
33% Jan
13
35 Va Jan
lOVaJan
3
Jan
105 Va
116
Jan
11% Jan
■15% Jan
114% Jan 21
,
5%
.
■"
17
93
.
.
y
-10
'
6
10% Feb
Jan
Dec
Jan,;
13% Feb
Jan
Jun
2%
■
9% Jan
Sep
68% July
-
7%
20% Jan
5% Jan
Oct
28% May
28%
,-v
5
——-13
,——100
4% preferred———
—100
Bangor & Aroostook—
50
'
May.
113% Sep
Jan
(The)——3
—5
.
Jan
1
4
60
68
Mar
10
58
4
90 Va July
33
7/ 36% Oct
Jan?
18%
Feb
55 %
9 Va
Jan
111
Jan
12% Jan
-7
Jan Y 3
25
67% July
Jan
34% Feb
59% Jan
Jan
110
Oct
15% Jun
59
106% Jan
Jan
Jun
Feb
13
3
7
Jun/
10 Va
Jan
26
19
15 Va Jan
10%
Jan
92
25
52% Jan
114
Jun
Jan
37
103% Jan
25% Feb-
Dec
40%
Jan
97
20
82
84
Jan
89% Jan
Jan. 3
3
85% Jan
/ 25% Jan,
Sep
Jan
4%
7
Feb
109
Y
75
6%
4
9% Jan
8% Jan / 3
Jan
12% Jan
Feb
7
11
,
3
3
.
14% Apr
2% Jan
3
Jan
5
74% Jan
.
Apr
Mar
45% Feb
2% Feb. 2
42
•Z
116
Apr
.
75 % Jan
.
May
Jan
3%
25
1
—
9
Jan
53% Jan
26
Jan 24
3
5%
Sep
24% Jan
11% Jan
prior A
49%
'
108% Feb
par
12% July
121%, Aug
Jan.
47% Jan
26% Jan
45% Jan 19
..
1
63% July
Jan
32
115%
19
Aviation—
18
Jan 20
15
70% Jan
Conv
15% Apr
173
11
56
Corp of Del
Oct
16% July
69% July
Ve
36 Va Jan
100
$5
Jan
Jan
54
53Va Jan
—No
Oct
Jun
67
5
Nichols
Oct
45%
11%
•
Feb
154
8
48%
26% Jan
—No par
conv
41/* May
Jan
10
Oct
30
Jan
43 %
Apr
125% Nov
.v
Jan
16% Jan
preferred
5 %
Jan
13% Feb
preferred
Austin
Jan
27 Va
Jan
A
Jan
;
Atlas Tack Corp,-—.
10% Jun
13% Jan
Atlas Powder—y
20%
116%
18%
100
pref series A-
Jun
x26
247/a Jan
Corp
6 %
15%
Feb
4
12% Jan
,100
preferred-
Sep
Va Jan
5
62 Va Jan
Refining
Atlantic
82 V*
2% Jan
36 Va Jan
—
17% May
48 Va Jan
7
3
Oct
47
8
Jan
—100
—
;-7'-7%:Feb\
Jan
7%
3
Jan
Sep
9% May
Nov
28
35
06 %
;;
12
10
—100
1 SS Lines
May-
Jan
Nov
7%.
14% Jan
5
.
May
•5
.
68
4
84 Va
Apr'
70
Jan
5
6'/8 Jan,
..
Apr:
40% Jun
Jan
31
17
4
-
Jun
'4%
Jan
Jan
5
July
36%
Jan
53%
YY 2
65% Feb
163
'
26
78%
7
Jan
11
Jan>
6% Feb 11
.
6% Jan
3
84% Jan 10
-
2d preferred—
.
Jan
68
9
Bendix
2.600
.
Jan
l^ay
87% Jun
Feb
40% Feb
7.400
10
.
107'A
9%
30
2% Jan 13
4,500
1,000
33
107 Va
3
43
Jan 21
9
.
Jan
45 Va Feb
preferred———100
Barber Asphalt Corp—
,—10
Barker Brothers——
No par
5% % ■■ preferred——*
—50
Barnsdall Oil Co
.—,5
Bath Iron Works Corp
—1
Bayuk Cigars lnc———Np par
Beatrice Creamery—
—25
$4.25 preferred
;
No par
Beech Aircraft Corp,,
1
Beech Creek RR_,
—50
Beechnut Packing Co—
—20
Beldtng-Hemingway——No par
Bell Aircraft Corp—
—1
26%
*32 Va
34%
*127/a
1.700
450
16%
*26
32%
Jan
Apr
,
29% May
Jan
Jan
32
Baltimore & Ohio—-
12% %;
26%
39
vV-7-YY
116% Feb
Baldwin loco Works y t
'
*26
Jan
102
Aviation
25.500
61%
10
7
16% Jan
1;'
12.100
7%v Y
10%'
63
16%
■:/;■
10
4
4
1
—5
33,300
19%/ V
13%
*12Va
;
7%
10%
*44
Y
/.
19 Va
12%
12%
,
7 Y.
:Y-
/
120
10%
44%
16%
7%
11
4% Jan 21
Jan
>10
Jan
46%
Feb
2Q% Feb
74% Feb
.:
37% Feb
12,100
13
*44
16%
19%
6%
loo
3%
Jan
36
80% Jan
.
270
1,400
74
10
23%
24
18%
3%
3%
11%
*9%
62%
'
74
74
/././: / 3%
1%
12
10
6 Va
....
.
70
;
7% "Y.
10
*12
*32
16
12 Va
*23%
26%
115
7% ■/
*9%
12%
*16
7%
115
/.'
11%
44%
*26Va
.
/ '
100
58
29
7 85
8
14% Feb
preferred—^
% Atch Topeka & Santji Fe_ —100
5% preferred—100
' Atlantic Coast .Line RR
3,700
55 V2
16
Y
16
19 Va
6%
7
24%
*15%
115
•
12%
55 %
4
Jan
46
5 %
150
109
12%
*
58
3%
18%
*44
16%
100
*108%
Nov
8
preferred
6%
7%
13.900
//■:;
v/:
Y
.
n%
*61%
10
9%
f.
*72%
73
3%
*12
16%
7%
7%
7%
73
3%
'
*24
62
58
55%
*114%
16
1.900
48,800
27% -28
12%
57%
:/
'34%,-Y.:
*61
.
109%
V?
115
*15%
16
*54
55 V4
57%
57%
3%
62
63%
27%
108%
12%
12% /
*54 '■ Y
115
3%
11%
9%
9%
*62
27%
15,200
,
.
88
■30 -
27
28
109%
•
22'A
8
Assoc Investment Co
!
*26
;//
■
7
12 Va
.62
12%
55% /
18%
Y;
7 Va
11%
■'•/••" 7%
.
:/';'
3%
3%
19'/a
*15%
8%
7%
*72Va
.
115
16
*15%
16
*57%
115
*114
115
*15%
57%
*57%
58
*57%
*114
12
*61%
27%
*109
109%
12
*54%
55
-
/
61
61
27%
26%
*109
./"'
12
12'
55%
12
61
60%
88
33%
:
36 Va
105
6
5% Jan
Jan 10
21
Associated Dry Goods
150
59%
27
*25%
27
*25%
27
.
V
59%//'
34%
32%
57%
105
89 Y«Y;
57%
86%
*35%
,
•7 %
.
930
87%
Tlo
.
2.300
Y'94s/a YvS
87%
36%-
*35%
36%
105
.
40
12%
12%
94%
104 »-a
105
*104%
31
110%
87
57'/a
30 Va
*107
12%
86
*25%
Artloom
94 Va' /
36%
*35%
36%
500;
x87
Jan
7Va Jan
...-Np par
200
x94%
Jan
'•••
7
8% Jan
Corp
1,100
9%
xl2%
6%
19
--..—.100
9%
89%
.12%
95
Jun
26
10
$6 conv prior preferred- —No par
37%
94%
*94
Dec
4 Va.
Jan
—,-25
of, Illinois—
*9
13
,89%
.
& Co
Armour
*9%
94%
88%
54%
Jan
-
37%
*88%
95%
88%
105
190
89%
,12%
12%
94
v
Dec
Jan
26
26f
Jan
07% Jan
9%
109
42%
;,;1%
4
Lead & Smelt—
9Va
109
109
Dec
11
61
5
lnc——...No par
Archer Daniels Mldl'd
1.500
*35%
13
*123/4
12%
88%
*108
108
128
14% Jan
Tobacco,
Teleg Co—^
preferred—
Armstrong .Cork Co-,
Arnold Constable Corp
'
108
109
82%
104%
38
9%
*9
Jan
4OV2 Jan 29
66
Jan 15
;—_100
A P W Paper Co
Y
■
81%
101
38
37%
9%
100
;j
101%
82 Va
82%
101
37%
*107
106%
5%
•
82 Va
9%
38
116
*45
101
101
101%
9%
*37%,
95%
*93
10 Ve
*2%
*114%
9Va
7
9% 7
9%
106%
114%
*9%
2%
9%
"77
9%
*9 Va
rH o o
120
114%
10 Va
5%
82%
•»
103
*101
103
'/
1.500
'
lie
.15%
3 % Jan
,
$5 orior conv preferred.. —-*,25
Anaconda Copper Mining. ,.,,—50
Anaconda Wire & Cable- ....-No par
12.50
Anchor Hock Glass Corp..
.—No.par
$5 div preferred—,.
-—.,20
Andes Copper Mining
680
*9%
,
45
75%
82%
82%
82%
*100%
5%
5%
5%
1
*2Va
10 V8
7 2%
45
46
*45
45%
*45
/....
.,
2%
*2%
20%
*20
20
*114%
*9%
*2 Va
10 Va
*9V*
■
20
:
116
116
116
*115%
10%
*2Va
-
.
17,900
25%
*25%
25%
1
„
25%
24%
24%
Amer Zipc
2,500
-
Jun
116% Feb
1Q4
34% Feb
Preferred—
900
72
Feb
104'%
59
preferred——
American Woolen———-«
1.000
6%
6%
70%
18%
Jan
Jan
15% Jan 10
;$6 1st
300
88
Dec
68
.
Water Wks & Elec—
Am
7,100
7Va
7
88
4%.
*40
■
6%
87%
70 Va
*4%
47
7
88
6%..
6%
70%
.
4%
4%
V*
88
*85%
7 Va
71
70%
72%
*71
87
87
88
*86'/a
7
'§
Jan
13%
97%
-4% Jan
.
preferred ——
,100
Foundries lnc——.10
American Viscose Corp
,—14
7;-..v5 % '■ preferred,:—
*118% 119%
11% May
6%
7
2
Feb
13
5
3
.
: 6%
3.400
*87
6%
112% May
18
23
.
—r~«rl 00
No por
100
.class B—
Apr
116% July
Feb
96
15% Jan
10% Jan
Amer Type
'
6%
7
6%
6%
6%
6
Tobacco——ii.—i-^-25
Common
.
3,900
43%
:t
119%
*118
119
Am Sumatra
.
American
10%
*118
.
100
28%
.
8.800
10%
;
>
1.000
157%' 157%
2
112% Jan
•
Jun
July
24%
18% Jan
107 : Nov
53% Jan
Feb 11
2% Jan
2% Jan. .19. 8 Va Jan
5
,-710
Jan
Refining
American Sugar
Preferred.
1.500
115%
2.200
62%
63%
American Stove Co—
61
61
62
American Stores—
600
60%
146%
43%
42%
*118
119
*28
157%
110% Feb
20
17
Jan
45
No par
No par
No par
Steel Foundries,.
600
29
29
28%
157%
146%
145%
*118
119
•117
145%
10%
10%
43%
Ifc 146%
*146
7
*27%
x63
64 ■
63
64
28%
157%
X62
62%
62
-
*27%
157%
28
157% v
157%
62%
62
115
28
-
157%
157
63
63
28%
*27%
28%
157%
115
115
*114%
115
*27%
Amer
3.500
15%
115%
7
.
——-,-,100
18%
18 V4
115
115
115
30
26
*15
29 Vs
29%
29%
29%
115
7
100
,
-
25%
26
480
152%
*150%
15 Ve
18%
157
417/$
152 Va
25%
•
*29%
*114%
41%
*150%
150
150
150%
150
3,900
42%
*41%
42%
*41 %
42%
*42%
42 %
450
/
150%
150
150
23% Jan
*■
101% Peb
77
101% Jan 19-
25
4Va% conv
100
American Safety Razor
18.50
American Seating Co——.No par.
Amer Ship Building Co——No par
Arner Smelting & Refg——No par
-Preferred——100
American Snuff-,--;
—,-25
7% non-cum preferred——1100
1,430
37
36%
36%
36%
149%
150
26
Mill——
preferred
-
149%
149
149
*28%
367/e
36%
37%
36%
37
,•♦150% 153%
153%
•■25%
♦28
28 %
149%
14
Preferred;
.
2.100
14%
80
Jan
American Rolling
400
13%
14%
*42%
42%
15
13%
66 %
14%
*14%
149
149%
*41%
13%
66%
14%
36%
37
37
Am Rad &
.
3,800
13%
66%
28
28%
28%
149
19,000
13%
13%
13%
14
13%
45%
4
Nov
preferred—,
10
13%
Jan
59 Vs
preferred
$5
66
13%
66%
*14%
13%
65%
??
$6
;
167
*165
13%
185% July
24%
,
14% Jan
No par
-—No par
Stand San'y—N9 P®''
.7;
5,500
;
9%
9%
9%
167
Light-,
3,700
41%
Nov
5
No par
No par
News Co
Power &
Amer
3,300
46
40%
91% July
20
7
preferred———*—100;
American
280
45%
9VB
*165
165
165
'
Metals Co Ltd
•6%
Aug
9 V\ May
Jan
168
3
134
Jan..
Jan
.
108% Jan
No par
No par
No par
Mach" 81 Metals::-
Amer
2%
.71%
73
-i————100
Amer
33
3%
3
36 Va Jan
109
20
Much & Fdy Co—
50
41%
40%
preferred
1%
Amer
600
46
" 45%
.
9%
9'/4
9%
165
*160
165
*160
165
9%
9'A
;Yv> 9%
9%
9%
1,700
2.400
2%
Jan
25
176% Feb
com
9%
33
127%
Jan 74
132
5
23
No par
Co_
Distilling
21Va
*116%
-
11
43% July
68% Jan
preferred-.————100
1st
118%
9%
21
21%
118%
9% Apr
Jan
87 % Feb
,
•
-
21%
♦116%
Jan
3
34% Jan
non-cum
'-8%
2.500
!
4%
27%
10 Va Jan
170% Jan
Fdy*——No par
~
9%
21%
45%
41
14%
118'/a
2%
:
84%
14%
21%
45%
*160
84
14%
10,000
15%
*116%
33%
33%
33%
*33
82% Feb
Nov.
4
3
,
Sep
Dec
7 61
Jan
47
Sep
2% July
17
11
8V4 Jah
Can,.————,—25
————-—100
8%
23%
7
Feb
41% Feb
14
128%. Jan. 21
$7 2d
,
47
■■
15%
*9%
9%
9%
9%
22
117%
37% Jan
52
Sep
Dec
15% Jan
64
Jan 14.
7% Jan.. .3
60
.
200
*6% &W; <
*46
J
14%
84
14%
117
1,800
84
15%
*21%
7%
15%
84 M
15%
15%
15%
22
21%
47
♦46
14%,
9%
9%
9%
22
300
7%
♦6% 7:777:7
7
47
84
14%
14%
14%
9%
*21%
7
*46
15%
*83%
83
7%
7%;
7
■
;
-
900
65%
7%
7%
•
16% Feb
Corp——
Bosch
preferred—:—.——50
American Home' Products
——I
American. lee-'—No par <
6 %non-curu preferred
—-100
7 Amer Internal; Corp*-—--—No par
American Invest Cp of 111———1
5% conv preferred50
American Locomotive
No par
12,800
65%
65
Y:Y'85Y-Y:
I
6 '/a
6
18%
5
$7
-
67
6
76% July
,
10
-
42%
X66%
67
5%
64%
47
7 •'
*46
'•
7
7%
7%
■
47
66%
5%
64%
64%
*63%
6%
6%
*46
67
5%
*40
.42%
♦40
43
67
°
5%
5%
7%
7%
8
*6%
*46
*41
67
7
3%
3%
3%'
4
*3%
43
67
'
5%
*63%
64
*62%
67 :
67
'
*34
Jan
Jan
2
18% Jan
No par
Foreign Power
preferred
"
No par
preferred A
No par
$6 preferred.:—,—No pur
American Hawaiian SS Co—-—10
7 American^ Hide :& Leather— -.—--1/
4 6.200
19%
34%
34%
V
3%
*40
42%
*40
43
t:
*67
:
-
Jun
34
Amer &
10.100
5%
19%
'
*3%
3%
*3%
3%
3%
'
35%
*34%
35%
*34%
34%
*34
ZY'Z 73
.i 1.400
84
73%
71%
73%
74%
1.000
85
86%
Jan
■
5%
-
Jan
23
Feb
61% Jan
'
5%
Oct
X67
33 Va
12
9
Ahie*
84%
19%
■
7
f 1,100
24
31%
28
-7,7 Stamped
—
~—20 •
AmericanEnca.ustlCrTitlng—--—-1
Amer European Sees
—_No par
American Export Lines Inc___
1
2,600
5%
-■
84
83
•7 24
13%
Jan
58% Jan
6%
,
83%
5%
5%
5%
5%
5%
:
24.
Jan
•
17,000
10%
Jan
%
29% Jan
-*American Chicle—i—-
'
10
17%
22
8
7*American Colortype Co^—--r-r-10,
American Crystal Sugar
10
400
i
.2%
*10
10
:
io
•
400
Y
46
2%
2%
2%
23%
10
>
10%
77 45
46%
46
2%
2%
2%
2%
*10
110%/
110
7:
46%
46
46%
.46
60 '
25
14
preferred—--YlOO
7 Am Chain ,A Cable; lnc—-No par
:5%;0onyprefei'red--——-—100
30
•
83%
5%
81
•
110
111%
111
109
ii 1.500
23%
23 %
109%
Jan
2% Jan
31% Jan
'7%
1.400
,<
*12%
101%
-
71%
23%
15%
*100%
71%
20
4
86% Jan
American- Car
4,000
110%
12%
102%
71
23%
110%
12%
35%
3
Jan
7
Preferred
390
35%
43% July
3
American
1.900
::
174
35%
*110
110%
*110
83
82%
174
174
12,700
9%
.
70%
•
23%
23%
23%
9 Va
34%
70%
110%
10%
24%
24%
*23%
35-
:'7
83%
83
174
71
2%
2%
*10
9%
83%
12%
46%
46%
9%
7
130
Feb
Jan
28% Jan
1
Am Brake Shoe Co
---No par
5!A% conv preferred—
100
Amer Cable & Radio Corp
1
'
97
26 Va
82% Feb
American
2,200
41%
129%
174%
83
•
46%
40%
129%
174%
83%
110%
111
46%
41'/a
129 %
9%
110%
101%
106%
11%
40%
130
16%
Jan
5
2
tnc————10
American Bank Note....—10
6% preferred——.
50
1,500
Jan
73%
Jan
16
Agricultural Chemical-No pur
Amer
14,400
6%
13
40
18 Vb Jan
American Airiraetr
:
6
97% Jan
5
Corp—No par
Petroleum
Amerada
190
129%
40%
:
7. *12%
Yyy 15%
15%.
102%
*101%
13%
137/a
110
12%
15%
16%
63
13
<Y'Y,9Y/;
175
.23%
110
12%
16%
63
*110
110%
109%
16%
63
34%
.
23%
23%
16%
35%
•:
71
*110
110%
*109%
9%
2,700
62%
11%
11%
9%
500
60%
59%
16%
*129
130
31 VB
60%
Jan
3
7; 36
No par
1
--50
preferred-
6%conv
100
I per share
I per share
I per share
14% Jan 27
96% Jan
No par
Mfg
Highest
Lowest
Highest
7 Lowest
,$ per share
-100
Amalgam Leather Co lnc
1.000
63
40%
-
40%
•
174%
35
.
:•
83
84%
70%
:
23%
*23%
;
176
*175
■
*129
9%
9%
84%
85%
175%
•
31
59%
'
12%
39
130
,7/
9%
9%
*84
175%
•
39
*129
38%
130
30
16%
63
xl2
12%
;isf. 12%
12%
12%
38%
31
60
33%
83%
*30
83
60%
16%
*62 ;
33%
;
83
/
No par
-
,
Alpha Portland Cetn
900
1,200
2%
preierrea
Year 1943
Range since January 1
'
.;/7.Par
Allis-Chalmers
5,400
19
83
33%
83
63
16%
16%
62
62
.
60
60
V
60
59%
*16%
.
*31%
••-;.■ ■:■
t> % '
36%
'■'•
=
Allied Stores Corp—
4,000
97 Va
2%
2%
*32%
2%
*31%
16%
19
2%
2%
33%
63%
36%
19
*18%
19
*31%
2% Y: 2%
33%
*2'A
63
36%
l,;,:7 36
36%
15
14%
*96%
14%
*2 %
*31%
•16%
14%
*96% 7 97%
14%
97Va
.
■/r
Shares
-'Y
•
.
the Week
'
I per share
t per share
share
$ per
14%
15
14%
15
14%
share
I per
< per share
Feb. 11
Feb. 10
Feb.!)
Feb. 8
,
/i NEW YORK■ STOCK
-EXCHANGE
Sales for
Friday
Thursday
Wednesday
Tuesday
•
PRICES
HIGH SALE
AND
LOW
Saturday
Jan
X29
Sep,.
May
33% July
xllO
Sep
14% Sep
33% July
114
Aug
9Va
Deo
11% July
9%
Nov
20% Mar
Nov
39 Va
33
Apr
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
NEW YORK STOCK
RECORD
STOCKS
LOW AND HIGH SALE PRICES
Saturday
Monday
Feb. 5
Feb. 7
$ per shaft
•*13
$
18%
*55
18 %
57
/
*34%
16%
16%
16%
*37%
-
58
38
37%
37%
37%
17%
17%
17%
17%
17%'
8%
r
7'8%-
'
8%
17%
17%
*17%
*14%
15%
*14%
15%
*14%
99
*92%
99
*91
14%
45%
94
94
14%
14%
•
14 %
14 Va
45%
45%
45%
92%
93
93
50%
50%
50%
50 %
V 33%
33%
34%
34%
34
34%
29%
29%
29%
29%
29%
36
36
36%
7:^6..?7 36%
35%
38% /
14%
38%
:
A'
4
3%
•
38%
*38
8,100
.
■
46 Vt
»
i
Bohtt
1,100
14%
*44
38 %
9%
9%
9%
27%
27%
27%
*40
41
44%
*43%
*40
34 'A
1,700.
29%
2,600
Borden
36
36%
3,200
Borg-Warner Corp—
'
'
140
.
*
38%
*38
-38%
15%
42%
18
15
3,200 i
:
8%
9
116%
116%
57%
58%
7%
9%
9%
9%
28 Va
28%
28%
*40
40%
44 %
*43%
44%
15%
'
*41%
*18
300
-
8%
9
116%
*17%
115
58%
33%
100,
18%
8%
*18
190
7%.
115
57%
7%
5,200
32%
32%
400
29 Va
5,200
109%
100
13
8,400
4%
400
61
*60
61
*60%
61
*46%
46%;
*46%
46%
140
9%
9%
1,600
28 %
700
vq
28
*27%
9%
X28 %
28%
*28
;
.
*3%
3%
3Ve
900
14%
13%
13%
13%
13%
900
76%
75%
75%
75
75
300
*21
22
21%
21%
21%
21%
600
*25 Va
25%
25%
25%
25%
3%
25%
25%
•
54
■'•'*53 W'
■
18
%
6%
6%
54
%
6%
100%
IOOV2
*99%
30
100%
100
44%
7 Va
lOOVa
*100%
101
100%
*29%
30
*29 %
34%
34%
34%
35
35
*146%
148
*147
150
30
4%
*4 Va
46 %
46%
46%
37%
38%
37%
38
37%
*118%
120
•
107
230
5%
122%
122%
122%
220
118%
119
119%
11%
119%
119%
119%
119%
*119 Vt
120
120
11%
11%
11%
11%
11 Va
*17%
18%
18
18
17%
18
290
19%
20 Va
19%
19%
19%
20
2,800
2%
2%
2%
107%
107%
18
17%
17%
20%
19%
20
2%
2%
2%
*
107 %
108%
107%
107 Va
■
*10%
10%
10
22%
23
9%
101/4
*22
23%
7%.
8%
120
*115
32
32
5%
5%
59%
60
*18%
19%
*26%
26
26%
*111%
112%
59%
*18%
19%
*25%
26
10
24%
*7%
*115
32%
5%
60
10
24 Va
8%
120
32
5%
9%
'
;
60
*18%
26%
,
26
30%
30%
30%
•28%
45 3A
46
45%
45%
45%
112
7Va
112
7
*111V2
7%
7%
13%
14%
14'A
14%
14%
5%
5%
5%
5%
53A
6»A
20%
20%
21%
22%
22%
23%
22%
15%,
15 Va
7'A
7%
7%
15%
15%
6%
"
23%
41
41
40%
40
*50JA
23
*16%
*50
*50%
50%
50 Va
*50%
51
14%
*14%
14%
14%
14%
»14Vt
14%
15%
15%
15%
16
16
*15
16
1%
1%
1%
1%
6%
23%
78%
106 %
57%
*573A
6%
6%
*36%
36%
*6Vt
36 Vz
:
*142
152
*142
*75
78%
*75
114 :
*113
*40%
*50 Vt
14%
*15'A
16
108
;:A
55
:r
115
115
65
.
24%
*26%
27
'•■16%
*13
13%
*14Va
106'/a
106%
*105%
57%
•57%
58%
6%
36
6%
6%
6 Va
*106
*35%
152
*142
78%
*75
113
*112 Va
36
*142
78%
*75
113
41
41
*106
*92
,14%
*114
66
ilV 65
24%
24%
V.
105%
105%
■■
i
*26%
*109
15%
13
,14%
27
.
24
105%
;
110%
26%
*109
15%:
15%
13 Va
14%
114%
13
•;
14 Va
114%
65
66
24%,
24
105%
105%
26%
26%
110%
*109
15%
Xl5%
13
13
14 Va
14%
33%
33
36 Va
35%
148
*143
114%
33%
24%
26%
13%:
14%
Jan
31'A May
5% Apr
32Vs
Dec
39% Dec
46% Jan 29
40 Va Jan
14%
4
14
2
3
120 Vz Jan
25
96 Va
22
8%
3
18 Va Feb
1
3
13
20% Jan
10
31
108% Jan
4
26
7 Vt Jan 15
Jan
15
25% Jan
3Va Jan 21
v
27%
27 Va
27 Va
:26%
27
.
v
17%
27%'
97%
21
23%
Jan
Jan
July
Jun
3% Mar
111
Aug
3
Jan
18 Va
Jun
8
13
Jan
25
Dec
8% Jan 31
115
Jan
4
3
Jan
98
Mar
12
4
8% NOV
115
Jan
13
27% Jan 21
4
112% Feb
Jan 14
32
Jan
27% Jan
44% Jan
47% Feb
2
11
18
Sep
Apr
7% Jun
41
.
Jan
72%
Oct
19% Apr
24
July
Jan
99%
Jan
109
8%
Jan
34
33% Jan
A 2% Jan
50
Dec
July
July
9Va May
18
9
7
7%
6
Jan
Jun
48
Dec
A 11%
Jan
13%
Jan
tChilds Co———.—.—No par
1% Jan
3
1% Jan
29
26% Jan
77% Feb
14% Jan
4
7
Jan
5
24% Jan
32%
Chrysler Corp————.——5
City Ice & Fuel
No par
6%% preferred—..——100
City Investing Co
.——100
City Stores
———;——5
Clark Equipment
——No par
C. C. 0. & St. Louis Ry. Co——100
5% preferred.
—
100
Clev El Ilium $4.50 pfd—u—No par
Clev Graph Bronze Co (The)—t—1
5% preferred————.100
82% Jan
5
67%
Jan
85% JulV
16% Jan 26
10%
Jan
15% Aug
106
Sep
63% Dec
Oil-.:
::
600
80
—25
stock.
gtd
.50
—50
8,800
Climax
2,100
•
Cluett Peabody & Co———No par
Molybdenum——..No par
Preferred
——t—-a—■—
Coca-Cola Co
Class
5%
20
'
15%
.
16% NOV
16% Jan
1%
Sep
Sep
14% Apr
29
Special gtd 4%
4,570
1,000
27%
■
Jan :
July
22
Cotton
Clev & Pitts RR Co 7%
27
15
128%
120%
26
: 400
110 Va
15%
15
3
108
Jan
Feb
Jan
4,710
15%
Jan
119
Jan
15%
27 Va
Jan
Feb
125% Jan
Dec
54% July
40% Jun
Jan
95 Vz
4
10
12
147
16% Jan
14%
14%.
26%
Jan
107
Jan
Nov
14%
14%
27%
40
51
600
14
127%
14
16%
27 Va
24
25% Jan
15% Jan
16%
14
3Va
,
—10
16%
27
t
20
38% Jan
5
147
Jan 28
5
20
4% Jan
Chickasha
-.100
(The)———No
par
A..——.—-j—No par
Collins & Aikman
13%
Jan
30% Jan
121% Feb
113
Jan
11
Jan
17
Jan
19% Jan
2% Jan
107
Jan
;
9
Jan
23
Jan
Jan
47%'July
9%Apr
46% July
97% JDec
;
300
700
27%.
x85
11
Jan
Jan
Jan
300
Colgate-Palmolive-Peet—No par
$4,25 preferred—i—i-,i—.^No par
13%
4%
40
Dec
500
27
26%
4
41% May
54
May
15% Apr
3,000
14
For. footnotes see page 655.
11
Nov
24%
27
36%,
19
Jan
36Vz
106%
14
27
8'
4
Apr
7
24%
27
26%
45% Jan
46% Feb
100 V2 Jan
9
Apr
Feb
*105%
14%
19%
41
24JA
26%
X13% Nov
Mar
38% Jan
Chile Copper Co
36
*109
9%,
Apr
A—
105%
,
Dec
16%
190
27
1% Mar
6Va
22
66'A
110%
56
Jan
Jan '
66 Vt
-*157/8
,
30% July
Jun
%
Jan
66 %
*26%
*109
110%
Jan
52%
15 Va
800
105
22%
24
24
114%
24'A
105%
8
Jan
18% Jan
17% Jan
114%
27%
26%
3
4
44% Jan 12
36
Jan
4
115
Apr
16% Feb
148
■:
25 Va May
Jan
36
4
104
-
Jan
'
% Jan 11
4
6
4
Jan
18% July
83 Va
16
18
55
7
43]AJan
97
Jan
28 Vz Jan
4
Jan
146
,
22% Jan
Jan
Nov
16% Jan
114%
27%
26 Va
34
36
*143
Jan
9%
17% May
7% May
Class
55
33%
36'A
148
2%
65 %
■v
■
21%
66%
66
15%
13%
*52 Va
*13%
26%
Apr
6
Jan
114%
'
*26%
5Va
Jan
Jan
94
55
;■<-
3
15% Jan 24
8,800
108
94
115
3% Jan
Jan 27
Oct
2Va
30
108
*52 Ve
35%
Nov
10%
60
*92
33%
29%
8
600
*106
*144
Jan
8
78%
55
34 Va
20%
23% Feb
41
*40%
94
36%
7
Jan
112'/2. 113
41
*106
148
28% Jan
6 Vt Feb
152
108
36
8
May
1,500
35%
*52%
33%
10% July
7% Feb
15% Feb
180
*92%
*144
Jan
4 % Jan
800
55
36%
5%
5% Jan
106%
94
34%
14
11% Jan
59%
;v'7 .{iCi
*92%
148 :
9% Jan
.——40
100
16 :%
*52%
36%
4
Chicago Great'West RR Co—i-50
5% preferred—
——50
Chicago Mall Order Co
—5
Chicago Pneumat Tool...—No par
$3 conv preferred.——No par
Pr pf ($2.50) cum div—No par
Chicago Yellow Cab.-.—No par
::
80
*35%
152
41
108
78%
55
*65
107::
110%: 110%
*16
108%
49
Chic & East 111 RR Co—No par
27%
58%
*112%
41 Va
*26
106%
*75
113
75
Jan
3
'
27%
94
*113%
.
24%
'
78%
41 Va
*144
:
65
106
*75
*112%
41
34
36%
148
78,%
113
*26
*15%
*142
Jan
21%
Jan
20,900
V
; ^.,
1%
1%
15%
36
152
28
1%
*52%
.
34%
34
36%
*143
*142
36%
*1%
*92%
94
*52%
152
41
*106
108
*92%
36%
1%
80
*6Vt
41
7
23
Checker
32,300
■
51:
*13
15%
*57%
29
Jan
108
200
16
6% May
Jan
50
Champion Pap & Fib Co——No par
6% preferred
100
Cab Mfg——
-—-5
2,400
14 V4
Jan
62
Chesapeake & Ohio Ry—25
41%
51
%
14
*15%
Jun
6
16% Nov
1,100
*39%
2%
Apr
109% Oct
15% Jun
Jan
32%
17,500
41
May
9%
,
18%
16%
79
*105%
4
61% Jan 25
17%
16
6%
3;
105
1
4% Jan
11
16%
79%
58%
5
13% Feb
Jan
17
16
*6%
36%
-
,
1Q9% Feb
3
18
16%
79
106%
113
-•/'
41
■
'
*57%
58%
*6%
107
^*26
-
16
106%
106%
57%
106%
27%/
'79%
31%
57 V2 Jan 17
23%
'
*15%
35% July
Jan
6% prior preferred—---—100
17
17
*38%
51
6
23%
40
*14%
Lii."*26 /: ■'
Jan
20%
22,600
15%
41
16
24%
9
10%
7,800
7%
14%
39%
78 3A
24
Feb
30
Chain. Belt Co—.—.—^..No par
300
46%
7%
16%
28
33% Jan
100
26%.':
15%
17 Va
77%
29%
'
17 "
*15%
Apr
18% July
Nov
Nov
Jan
46 ¥2
*16%
*26
Jan
16
Jan
45%
16%
78%
14%
3
45%
17 Vt
28
4
18% Feb
19% Jan 24
X33
120
16%
15% A 16-
6%
4
1,100
17%
78
Nov
15
25
29%
16%
*26%
43
8% Jan
6V8 Jan
111%
17%
1%
7
9% May
116% May
54'A Aug
37 V2 Jan
29'A
16%
1%
Jan
31 Vs Jan 26
4% Jan
3
111%
17 Ve
1%
76%
460
18%
46
7
Jan
Copper—No par
Products—_——.l
Certain-teed
60%
*26
^—100
Cerro de Pasco
2,700
<
29%
17%
51
5%
18%
26%
,
—
3,000
31%
59%
60
series
Preferred—
31%
118% July
Jan
Feb
117
7
34% Feb
•
par
—100
1% 2d preferred...—
—100
Celotex Corp——ii.——-No par
5% preferred
20
Central Aguirre Assoc
—No par
Central Foundry Co
1
Central 111 Lt 4%% preferred-100
JCent RR of New Jersey——100
Central Violeta Sugar Co.——
Century Ribbon Mills.——No par
120
112%
,*15Va
.
200
29%
16 V2
*40
3,600
2,200
8
*111%
16%
■■ ■■
11
24
*115
,18%
7; 6 Vt
6
40
30
17%
*
*26
1,400
108
108
5%
59%
112%
2%
8
32
*18%
26 Va
112%
,W.7.--'
7
60
1,800
10%
5%
19%
11%
24
;
Vt
120
31%
6
59%
19%
8
*115
32 Va
5%.
:
11
24 Va
*7 V«
32
5%
10%
24 Va
.
120
30 %
46
7
*115
32 Va
*107% 108%
112%
31
45%
*7%
120
3
24%
24
7%
*2%
Jan
3
3
' 8% Jan
7% prior preferred.
11%
104%
25
4
33% Jan
of Amet—
No par
prior preferred- ...100
107,
121%
11%
6%
27
Jan
3
Celanese Corp
107
122%
2%
108
*30
3,900
Caterpillar Tractor^.—u.^.._No
107
17%
59%
38:,i
38 %
2,000
*121%
20
*18%
38 %
,
—100
*106%
2%
*5%
46
Preferred
122%
18%
32
20
107
20%
:
147
122
*106%
15
Jan
3
54
,25
(J I) Co new
107
2%
*115.
38
4,100
45 %
Jun
44
Jan
7 8% Jan
28
Feb
Cannon
123
*19%
*7%
38 %
46
36
147
147
46
9% Jan
i
120
4
27% Jan 25
.107% Jan 11
Cons
107
11%
11%
*107
147
46 Vj
42% July
20% July
10% May
Case
35
& Hecla
117
123%
;
35%
110
400
:•
4%
Zinc-Lead.
122
108
*122 /
*18
46
30
18 Vt
Jan
Jan
1,000
140
-
100 %*
4>4
Jan
13
14
58% Feb
5
47% Jan
.No
Packing.
preferred
107
*107
11%
35
150
46%
4 Va
4%
35%
37%
37%
4'A
Jan
9%
29%
43 % Jan
4 7% Feb
500
30
4%
37%
Mills
No par
%
Capital Administration class A—1
$3 preferred A—10
Carolina Clinch & Ohio Ry
100 %
Carpenter Steel Co
——5
Carriers & General Corp.——
1
200
7%
46
18
24
Dec
44%
:m
*45%
101
29%
4%
*148
-
46
July
44% May
11% May
19,900
*29%
29%
4 Va
46%
*46
.7%
46
44
Jan
19% Jan
6
98% Jan
...10
;
Jan
16% Jan
3
12Va Jan
4
Jan
Jun
33
7% Jan
Jan
Jan
5% Jan.
/
30%
42% Jan 27
4
Jan 13
Jan 18
Jan
4
116
Apr
Jan
Feb
9%
*431%
43%
*7 Va
46
45
12%
20%
6%
280
9%
*100%
29%
151
*148
43%
7%
*45
4%
•
34%
•
7%
46
34%
30
*4 Va
■
*43%
44
*7 Va
45%
Jan
8% Nov
Nov
Nov
9% Jan 17
36
44
8
Dec
14 Va
45
Mar
36
7%
40% Jan
38%
Jan
38
36
44%
11
Jan
% Nov
Jan
35%
46
31
Jan 14
13
20
29%
35%
*7Va
9% Jan
28%
1
35
46
:
2
Feb
35
*44
39
40%
14%
39%
17%
8%
10
28% Feb
8% Jan
4
Jan 28
—100
———.
V
6
Feb
Feb
45
1
27
•
Jan
14%
3
27%
36
7%
39
7
Jan
1,700
46%
Jan
3
13%
800
23%
44%
3% Jan
37% Jan
12% Jan
40% Feb
•
5
16%
23%
*7 Va
2%
July
6% Apr
26
16%
23%
*44
39
17 Va Jan
16%
23%
*45%
Jan
26 Vs Jan
16%
23%
9%
26%
8
16%
23%
9
2
5
Calumet
8%
Oct
Feb
37
6% Jan
2,400
8%
Dec
30
3
3
6%
*16%
-
35
Jan
6% Jan
15 % Jan
23 V» Feb
6%
16%
:
Jan
22%
Copper——5
Campbell W & C Fdy
—No par
Canada Dry Ginger Ale—
.,5
Canada Southern Ry Co.^.
100
Canadian Pacific Ry
25
6%
23'2
9
17
2
26
16%
8%
July
17
4% Feb 11
3
51
Jan
29% Feb
3
4
23%
8%
Jan
4
6%
„
35
28% Jan
Jan
Nov
38%
U
26
41Va
85
4
Feb
3
6%
*35
11
Feb
15
% Jan
16%
9
Jan
95
53% Feb
23%
*35
48
18
24% Jan
16%
"V9.;^:
July
1
5%
23%'
.
26
Jan
34 % Jan
—
California
Callahan
54
16%
9
11
19% July
par
—50
1,300
.
Feb
33% Jan
f
preferred
..—.30
Butte Copper & Zinc
——.5
Byers Co (A M)_———_No par
Participating preferred—..—100
Byron Jackson Co.
No par
1,000
'
Jun
100
56% May
96% July
15
13% Jan
conv
%
^
54
19
Jan
77
23%
37
5 %
%
*25'A : 25%,
54
Jan
21% Mar
Bldg 7% preferred—100
Butler Bros....,
1H
25%
*53%
Jan
9%
11% Nov
Terminal———————..—1
preferred
.1 :t,
25%
54
13 Va
11
4
3
4
23%
*34
6%
Bush Term
Dec
Jun
12% Jan
67% Jan
21 Va Jan
*16%
y
Bush
%
*53 Vz
it
6%
6%
—
6%
*53%
%
Forge Co
li!
'
*52%
*3
11%
91% Jan n
Burlington Mills Corp——1
5% preferred
100
Burroughs Adding Mach____No par
40
*13%
75%
3
19% Mar
Jan
18
.4
30
46%
9%
Jan
6Va
76
17
Jan
18
Jan
32% Feb
33
*4 Va
16
40
7
——1
29%
4%
Jan
21
3
33
12%
27%
17% Feb
7% Jan
Buffalo
*108%
4
17
121% July
16% Jan
Bullard Co.—No par
Bulova Watch..
No par
'12%
Jan
8% Jan 15
3
par
200
111%
9%
No
900
4%
Jan
Nov
110%
Jan 28
118
95 % Jan
.No par
Wheel..—
18%
12%
-
Budd
19 %
*109%
46%
$5 preferred —--l—„
1,240
18%
4%
Jan
8%
54
Sep
4
Co.————5
preferred..
...
—^.100
Mfg..——
No par
preferred—;—__100
19
X29
Apr
>
1
31
18% Jan
(E G)
19%
?
Jun
17% Feb
60% Jan
3
,.5;
18%
;
17
69 Va
20
45
-,—.15
19%
12%
*60
Bucyrus-Erie
1%
29
29%
109% 109%
12%
4,200
Budd
57%
July
39% Jan
7
———-No par
Bruns-Balke-Collender—
No par
10
57%
38
13% Jan
Brown Shoe Co
6,600
7%
Jan
16
Brlggs & Stratton—
No par
Bristol-Myers Co..——————5
Brooklyn Union Gas.—
No par
7%
*114 Va
22%
l
Bridgeport Brass Co—.No par
Briggs Manufacturing—No par
118%
7%
'
500
8%
■
15
14% Feb
4
V 94 ' Jan 31
.
(assented)ilOO
Bower Roller Bearlng Co
—5
Braniff Airways Inc.—-—i—2.50
Brewing Corp. of America——15
6%
115
57
18%
8%
Nov
37% Jan
16% Jan;
7% Jan
Boston & Maine RR
*116%
7%
115
58
7%
100.
118
6%
115%
57%
19%
*32
117
18%
*19
57%
7 33
6%
3,100;
5,800
1,700
18%
8%
118
-
7%
7
;
9% !
28%
43
18%
*116%
9
7%
,
•
500.
15%
*41%
■
120.100'
43%
15%
18%
6%
117
43%
43
14%
40%
*40
15%
42%;
118%
*117
7%
9%
4QVt
8%
117
6%
•
45
28%
18
18
14%
45
9%
15%
*41%
18
117
.
14%
'
*44
57
-
r
'
"4% •'>4%■
4 :~v
(The)
Feb
37% Feb
...
Co
17%
54%
4
—5
34%
45 Ve
14
77 45%
Brass—
&
29%
27%
9%
28
*43%
15
*41%
14
xl3%
45
Aluminum
Bon
<•
94
50%" 50%
13% Mar
24
2
5
Aral Co class A——
No par
Class B—;—.——.—No par
Bond Stores Inc—
1
*92
■
13%
45
k
'
.
11
56% Jan
15% Jan
5
Boeing Airplane Co.
18% Jan
11
56% Jan
.100
36
■
-
4
.15,
4
Feb
lio% Feb
No par
Blumenthal & Co preferred
34%
29%
36
46
Bloomingdale Brothers.—
10
share'
Jan
23% Jan 28
par
Bliss & Laughljn Inc——
200
,
,
—No
29%
"
34%
29%
3%
*38
14'/4
45%
92%
*50Vb
v
50%
*38
Blaw-Knox •Co--—'.,
99
45%
.13%
1,500 i;
■.
15%
*94
14%
3%^
,•
1
Highest
t per
56
(Del)....
No par
preferred
.
•——.100
Bigeiow-SanI Carp Inc..——No par
Black & Decker Mfg Co
Nopar
900
I per share
17
1%
4,100
17%
*17%
15%
50%
3%
17%
17%
99
.
Year 1943
Lowest
I per share ■": I per share
•.
Bethlenem Steel
'•>.'
>.
8%
•
No
3,200
■
18
8% ~
Loan..
6.800
ii
'
'
8%
8%
*14%
*17%
„
■y};94,Vh;94v;-.;--.l.
-
17%
•
'
14%
45%
45%
37%
.
Beneficial Indus
4,100
200
116%
7 38
"
7 38
37%
Par
•
par
Pr pfd $2.50 dlv series '38.No par
Best &' Co———No pat
Best Foods-————1
-
58%
'i:'
■
200 ■'
■
17 Va '
58%
116%
•
Range since January 1
'Lowest
Highest
EXCHANGE
1.200
V
36
17
16%
58%
11674
8%
99
*50%
16%
57%
116%
117
*35%
vv
STOCK
■
Shares
18%
56
*94
15
14%
18
56
17%
17% ;17%vi
8'/a
* 8%' J
*17%
17%
15
18
57
35 Va r 35 Va
58%
58
116%
116
18
16%
16%
16%
58%
•
I per share
share
NEW YORK
■
the Week
:
*56
34%
34%
Feb. I t
37%
'
•
•
*94
;
116
18%
57
*55
35
.
116
;*17%
S per
Sales for
Friday
Feb. 10
;
$ per share
$ per share
v
18%
*34%
•„
Feb. 9
Feb. 8
57
57% -58%
116
share
*56
i.
35
ver
Thursday
Wednesday
Tuesday
,
y
2,100
:
1,800
conv
No par
preferred.————100
Colo Fuel & Iron Corp—
No par i
47
Jan
13
Jan
28
.
5
1
18
Dec
Jan 12
107
5
96% Jan
57% Jan 19
6% Jan 12
35% Jan 28
65
Jan
4
27
7
Jan
5
:
104
148
Jan
7
76
Jan
3
112 Vz Feb 11
40
Jan. 6
107
Jan 27
92% Jan 10
53
Jan 21
33
Feb 10
34% Jan
3
Feb
36% Jan 25
Jan
7
78% Jan
29
115% Jan
3
148
•
41% Jan 25
2%
Feb
Jan
8Vz
32 Va Nov
123
67
'Feb
74%
Jan
Jun
Jun
116% Aug
42% Dec
28% Jan
101 Vt
Apr
39% July
145
Dec
Mar
109%
Jun
3% May
Jan
108 Vz
92% Jan
10
84
Jan
92%
Sep
Jan
21
50
Feb
54
Sep
109
53
Jan
36% Jan
12
15
33 Va Nov
33%
Dec
48% Mar
37
Jan
25
Jan
40
July
Jan 27
148
Jan
27
142
May
153
113% Jan. 3
62 Vs Jan 11
23 % Jan
6
105
Feb 10
26% Feb, 4
115
Jan
6
88
Jan
123
Sep
July
66% Feb
10
61
Dec
Jan
148
110% Feb
5
15% Jan 17
25
Jan
25
16%
108
Jan
12
xl03%
29
Jan
17
114
Jan
11
"''17.;'- Jan
7. :
17 Va
108
68%
Dec
28% July
Jan
Jan
13% Nov
2V4 Jan
3% Jan
Oct
25
109 % July
Dec"
114%
.
Oct
.19% July
19
Sep
19 Va
Sep
{Colorado & Southern—.—100
11% Jan
3
15% Feb
11
12% Jan
4
4
17'A Feb
15% Feb
11
Jan
26 Vt Jan
4
27% Feb
11
15%
Jan
17% Sep
26% Dec
257/a Jan
4 ;
27 Vt Feb
11
15 Vz
Jan
26 Va
4%
non-cum
1st preferred—100
4%
■
non-cum
2nd preferred—100
; Columbia Br'd Sys Inc cl A——2.50
Class B——.——i.—2.50
13
11
3
Jan
Dec
RECORD
NEW YORK STOCK
Tuesday
Feb. 8
Saturday
V
Feb. 5
t
I per snare
share
ver
4'/a
78%
78%
70
*70%
.72%
85
85
^84%
86
*16%
40
39%
39%
39%
39%
7%
Y
*97%, 105%
43%
43%
43%
U
78%
78%
72%
70
40 '
?
105%,
*101%
43%
43
25%
,25%
25%
9
*8%
*8%
8%
23
23%
23%
23%
23%
21%
21%
21%
*21%
*21%
21%
*21%
21%
>>21%
105%
105%
3%
3%
*21%
-
3%
3%
3%
v
21%
21%
103%
104%
3%
3%
3%
18%
18%
18%
18%
18%
18%
10
10
10
10
10%
10
10
25%
25%
25%
25%
25%
25%
h 25%
12%
12%
12%
12%
12%
12%
12%
12%
12%
;
*
/■■*'
25%
13'/a
v.: 21%
12%
•
1
3%
V
19
*18%
19
9%
10
21%
21%
21%
21%
21%
21%
*21%
21%
21%
21%
*21%
*13%
14
13
13 %
13%
13%
13%
13%
13%
13%
13%
13%
15%
15%
15%
15%
.15%
15%
15%
15%
16
16
*15%
16%
46%
104%
21
*20%
8%
>
47
*46%
104%
104%
104%
104%
104%
>47
104%
104%
104%
20%
20%
20%
20'/a
20%
20%
20 %
20 %
20%
20%
...
47
8%
109
109
8%
'8%
110 %
*108%
:
8%
-■'108%
110%
8%
8%
8%
109
'108%
109
*108%
103
47
47
8%
8%
8%
8%
,:
'108%
47
46%
; 104% 104%
47
*46%
>104%
33%
33%
32%
33
32%
11%
11%
11%
*11%
11%
11%
42%
42%
42%
5%
5%
5%
30%
30%
30%
25 %
25%
25%
25% i
13%
14%
43%
,5%
5%
•
30%
5»/4
30%
30%
31
*
25%
"25
25%
*25
42 %,
42%
5%
43%
11%
43
■
-
48%
*48%
i
46%
46%
47
55%
56%
55%
56%
178%
177%
5%
*5%
*177%
178
20%
18
47
*15%
15%
•20%
28%
28%
*45
46%
*45
26%
28%
*45%
15%
15%
15%
15%
15%
15%
99
99%::
99%
99%
30%
30-
30%
30
30%
75%'
74%'
75%
74%
74%
74%
74%
24
24
24
12%
12%
,;>112
*106
26
26
115
*106
25
108%
*105
Y*
5%
5%
110
5%
5%
110
109
109
109
109
>
*106
110
5%
5%
5%
*23
23%
*23
*106
110
*106
25%
26%
26
23%
*23%
•23%
>106
110%
*106-
26%
li%
*111
115
*111
110
*113
23%
24
12%
12
115
110
*23%
25%
>
;V.>
43
43%
42%
42%
5%
•5%
5%
5 %'
5%
-5%
5%
5%
16%
16%
16%
16%
16%
16%
16%
16%
16%
16%
6>/a
6%
6%
*6%
.13%
V 13%
113%
13%
*111
*111
24
38 Va
38%
34%
34%
13%
13%
*13%
13%
*23%
24
37%
38
*17%
20%
21
7%
8
37%
21%
20%
20%
21
8%
7%
21
8%
*51
;
*31%
-
41
41
:29%
99%
99
»
28%
99
8%
34
x31%
31%
31%
31%
315/a
31s/a
600
x40%
40%
40%
40%
*39 Va
28 3/8
98'/a
*15%
16
*15%
16
15%
15%
44%
44%
44%
44%
445/a
44%
34%
35 Va
*34%
34%
34%
35 Va"'
23%
23 Va
22%
23 y8
22%
23
223/4
22%
22%
23 /?-;
22%
49 Va
49 Va
49%
50
50
50%
493/4
50%
50
50%
50%
120%
120%
121
'
121
121%
122
121%
108 V*
*108
108 %
108
108
29%
29
11%
11%
*108
*29%
11%
:
29%
29%
29%
11%
11%
11 Va
10%
*116%
121
*11%
12
'
*116%
*11%
*116%
121
12
^*11%
121;'
;,C *116%
"
137%
•125
137%
137
137 Va
125 Va
137'/a
*125
125%
125
120
119%
'
138 %
125 Va
;
119%
138
*125
120
12
>Y
121%
1211/4
103%
108%
;
29%
29%
■
11%
11%
12
*ll3/i
.
.
121
*116Va
138%
139%
140
•138:,/4
125 Va
120
*125%
120
*125
125%
120
*119
119%
11%
11%
'11%
11%
11%
11%
11%
11%
11%
11%
35%
35%
35%
35%
35%
35%
35%
35%
35%
36%
8%
8%
8%
8%
*8%
8%
•
8%
158%
157
157%
*157
158
158
158%
>176%
178 %
178
178
*177
179
179
179
42%
43%
*42
42%
42%
*17%
18%
*17%
18%
*17%
18%
*17 Va
18 Va
38%
38%
38%
38%
38%
38%
10%
10%
10%
3%
3%
3%
4Va
4%
4%
4%
86%
86%
86%
87%
*82
82%
81%
41%
41%
28%
27%
28%
*59%
60
60
60
10%
*10Va
; 3%
3%
*3%
3%
4%
4%
4%
4%
86%
87%
104
84%
84
42
.
42%
42%
42%
41%
27%
28%
28%
28%
*28%
*59'%
104 :
84
82
103%
*59%
60
103%
104
60
104
60
104
84%
84%
42
42
28%
28%
104%
60
104
11%
11%
11%
11%
11%
11%
11%
11%
11%
El
"92%
92%
93
937/a
93%
94
94
94%
95
95%
95%
1,100
92%
92%
93%
93%
94%
94%
95%
95%
96
96
96
1,380
95%
94%
94%
95
95
96
*%
footnotes
see
}jjpage
655.
-
%
4%
Jan
7 % May
8
33% Jan
22
25%
Jan
37% July
3
26% Jan
28
18%
Jan
27% July
14% Feb
40'/4 Feb
11
x9%
Jan
15
Apr
45
Jan
53
Aug
Jan
11.
10% Jan
.12% Jan 15
4
22
15% Jan
22
6
20
: 19% Jan
•7.
27% Feb
45
173
4%
14%
%
96
96
*%
3',
750
97 Va
*97
97
U
ii
-
900
Jan
-22% July
95
Jan
108% Aug
16%
Jan
23% Mar
Jan
23%'July
9
81%
$5
Oct
4
30% Feb
2
Jan
4
76% Feb
3
Jan
15
27%
Dec
99% Aug
Jan
27%
8
-
Jan
69
Nov
X66,
9% Jan
■
•38
;
22% Aug
:
14%
Jun
'
115%
Dec
106%
Jun
y
Jan
13% Jan
8
Jam 25
113% Jan
24
Feb
4
?7,% Feb
11
10%
Jan
Jan
17
18
Jan
4
106% Feb
11
100
Jan
5 % Feb
11
Jan
6
Feb
4
Jan
12
42% Feb
7
112
Feb
?2% Jan
18
22%. Jan
106*
4
4
.106
Jan-
-
24
6%
118
47% Jan
6% Jan
5% Feb $ 4.
16'% Jan 13
115
21% Jan
% Jan
7
Oct
7% May
116
Dec
45% Sep
J an
9V2 Apr
Dec:
5%
•
Jun
.107
'
24% Mar
14%
Nov
3
96
Feb
119%
Nov
2
15% Jan
26%
Jun
24
Feb
:
Jan
33/4
Oct
7%
6% Jan
7
Jan
14
17
Jan
19
Mar
14% Jan
14
21
12
Jan
19
Jun
Jan
116
20
4
'•
1083/4
Vv?
'
i.;
..
26%
Jan
17
12
Jan
4
Jan
25% Oct
.
1% Jan
11
117
6
Feb
30%
Jan
10
13% Feb
7%
105
17
3
Jan
July
82% July
92% Mar i
11% Feb- 10
•
Oct
Oct
>5.
11% Jan
o
28
3
31
47
,17
18% Jan
99% Feb
•
May
™
.
21% Jan
5
24% Feb
2
10
Jan
243/4
Af)>/4 Jan
15
26
Jan
43
Jun
Sep
July
par
Feb
8
28
35
Jan
13
29
Jan
36% July
17 V2 Jan
17
18
Jan
24
12
Jan
20% May
37 V2
8%
17%
Jan
Dec
3
40
20
...
preferred
—
3
17%
Jan
35% July
31 %
Jan
4
32% Jan
31
26
Jan
33% Mar
39
Jan
6
41
Feb
8
37
Jan
42 Va
13 % Jan
11
14% Feb
8
8%
Jan
17
28 % Feb
97% Jan
9
31
Jan
100
Jan 11
Jan 25
213/a
17
83%
Jan
10
Jan
No
par
100
par
15% Jan
par
43% Jan
..No par
33% Jan
.No par
22% Feb
No par
-No par
3
15% Jan
5
44% Jan
3/
36-
3
4
1C6% Jan
28 % Jan
8 % Jan
par
11% Feb
1st pfd
-
-
38%
Feb
45
July
Jan
11
22%
Feb
34
Dec
17
52% Jan
15
15% Jan
44 ,v Nov
Jan
5
122%
11
Xl06%
16
131
7 >
21
30% Feb
13
12% Feb
12 %
11
"V
V'
Dec
1073/4
Dec
Jan
35%
Jun
Jan
10%
Dec
9
Jan
13%
Apr
115,
Jun
122%
134 "
Jan
,Y
24
r
:
Oct
159% July
'
15
124
Dec
130
par
1253/4 Jan
Aug
119% Jan
27
120% Jan
20
115%
Dec
1213/4
Sep
11%
Dec
11
Jan
3
35
/Jan
27
3
6% Jan
3
Jan
20
9%
Nov
37% Jan
5
31V4
Jan
8% Feb
3
3i%
Jan
146%
Jan
12
10
par
157
Feb
7
165
Jan
100
No
175
Jan
24
183
Jan
7
4
41
Jan
3
44
Jan
24
2
18
Jan
4
18% Jan
37% Jan
4
35/a Jan
-No par
3
4
4% Feb
Feb
1
11% Jan
22
39 %
30 Va
Jan
39 Va July
8%
Nov
14
1%
par
39% Jan
27% Feb
.
Y
Jan
Jan
Jan
Jan
29
28%
Jan
8
423/i, Feb
9
33%
Jan
50
Corp
_
7
30
Jan
3
23%
Jan
57% Jan
25
60
Feb
4
49 %
19
105
Feb
2
101%
Dec
1
Service
No par
—
2%
_No par
No
___
No
par
par
Sep
Mar
6% May
92
Nov
88 Va Nov
:■
42%
x32
Jan
101 % Jan
Natural Gas_;
45% July
5% May
Y
Jan
v
'
1%
31%
87
3
Battery—..No
19
10
19
Jun
Feb
29
13
May
11%
1
22
Jan
80
170 v
v184
Sep
Jan
4% Jan
91 Va
8% May
35
-
4% Jan
4
83 % Jan
_
44% July
o
X173
4
5
(The)
Bldg_
Sep
May
ii:.
Am shares.
Public
153
124 % Jan
10% Jan
preferred
$5% preferred
$6 preferred
tEquitable Office
:•»
5%
3'
O
— --
Nov
73% May
6
4
Mills
„
/:■
25%
141 >/a Jan
Feb
-137
—-10
;
Co_
Johnson
Jan
8
7
20
No
_
Oct
Dec
16% July
100
(EI) & Co
Co
35%
100
108% Feb
Y
48% Jan
19
Nov
&Iay
?5% Jan
10
—
cum
preferred
■
120'/a Feb
1
No
Storage
Apr
35% Feb
No par
—23
_
Airlines lno
Kodak
48%
52
5
.No
Rolling
Mar
3
52
No
Light 5%
Feb
Feb
29% Jan
preferred
Eneineers
.
2% May
193/4 Jan
..
de Nemours
Paso
6
Jan
37% ■Jan
Jan
17
9
15% Feb
97% Jan 20
20 % Jan
Jan
11
7
29% Jan
Sep
2%
.
3
.
Apr
61 % May
186%
Dec
47% Jan 27
1
3
Jan
-
107
20
47
Jan
22
3% Jan
6
18% Feb.
5
Jan
53%
7
Feb
6% Jan
3
Jan
1% Jan
37
47% Feb
57% Jan
178
4
17% Aug
13% Dec
19% Jan- 11
44 % Jan 10
55% Jan- 27.
5
5
Jan
50
3
175% Jan
U
12
Endicott
34.800
92%
For
Sep
9
Jan
I
11%
95%
49%
57/a Feb
48% Jan
~No par
Chpmical Co.j_——^._. No par
Electric
330
11%
'
Jun
Jan
7
13% Feb. 11
$7 preferred
700
104
11%
92
15%
40%
.No par
$6 preferred
t
1.800
60
60
Jan
3
103/4 May
Electrlc Power & Light
(iOO
41%
Jun
5
Jan
46
223/a July
Elec & Mus Ind
2,900
"1,500
29
36%
12% Jan
•
Jan
preferred
Eaton Manufacturing Co
3,000
89%
Jan
Jan
Eastman
500
4%
82
41%
*28 %
10%
3%
86
Jan
26%
-3%
2,300
10%
89%
96
5
3
39% Feb
Boat
4%
89
9
16%
Cup Co.i—
6%
110%: Sep
Feb
34% Jan
109
3
5
Autc-Lite
3%
88
Jun
11
Electric
10%
•
11%
ia
Electrlo
4%
87
Jan
8% Feb
2,100
3%
;
x4%
23 % Jan
Edison Bros Stores Inc
10%
87
5
3
Corp-Seagr's Ltd
Eastern
1,700
3%
82 V2
*41%
...
8% Jan
.
3
fiaaiern
/
10%
Jun
5% Jan
18% Jan
Eagle-Picher Lead
*4%
r
23%
17% Jan
Reynolds A
$4.50
10%
.;,:•
Jan
100
Duquesne
30
38%
*3%
104
42
Jan
16
33 % Jan
Hudson
preferred
P
Oct
89
5
7
25
10
Duplan Corp
8
prefprrpd
Du
Dec
a: 107
2
Jan
22
30% Feb
-
Mfg Co
Dunhill International
1,400
> 178 ;.
42%
42%
104% Feb
5% Jan
—1
No
$4 preferred series A
800
8%
160
178
*38 %
10%
104
42
42%
*8Va
160
180
Aug
V*. Dec
47%
11
100
pfd
—
2,400
*17%
•38%
*
;;
16
18
Jan
11% Feb
1
(The)
Corp
2,100
11%
5
27
20
Edison
&
140
37
12
Jan
11
4.
Lack & Western— .-—50
400
;
Jan
7
33%
14
Jan
17
29
Oct
42 % Feb
—8
Dresser
4,600
.
4%
15% Jan
Jan
Jan
29%
24% Nov
47% Jan
4
12% Jan
32% Feb 10
Dougla? Aircraft
Dow
10Q
120
18%
18%
38%
38
x41%
■
Y.L-'Y;
139%
125%
27% Mar
7% Jan 27
100
No par'
pfd
Class A
15,700
..
121
38%
*17%
'
42%
11%
158%
158 Va
'178
Va
36%
8 Va
8Va
8 Va
>157
11%
NOV
106 % Jan
1
;
Doehler Die Casting Co
Dome Mines Ltd
1,100
•
llVa
11%
"1163/a
121
;
Chemical
partlc
Dixie
900
,
17'%
No par
& Co.
6%
600
293/4
122
22% Jan 25
20% Jan
—1
Diamond Match—-.
;
V 3,900
108'/»
:
119%
119%
t
29%
IP/a
12
3,700
51%
3
102% Jan
preferred-^—-—.
5%
Devoe
1,300
223/4
21% Mar
108
Detioit
240
35%
11
108 V4
29%
44%
353/8
108 %
*120%
122
.103%
29
'
*11%
•
44 3/8
■•■
Nov
101
500
15%
9%
15
—5
—
Sep
25
45
——30
;
16
44%
:
•
preferred————-100
Inc
8
31
13% Jan
18% Jan
$5 conv preferred——1—Wo. por
Crucible Steel of Amer:
1
No pur
5%' preferred——v.—-—LlOO
Cuba RR b% Rreferred-i—-Y.-J-100
5%
35 %
15%
Feb
10% Feb
27% Jan
19% Jan 17
Distil
35 %
2%
9
July
3% May
19% May
3
3
5%%; conv
105
Jan
12
24
Diamond T Motor Car Co—
*44%
3
Jan
Apr
11% Jan
16% Jan
600
44%
15%:
7% Jan
7%
5
3,500
•35%
2
$3
2,700
44%
31
Sep
6%
24% July
Va* Jan
3% Jan
20% Feb
Jan
14%
*35%
*15%
-h
Jan
,
5
13
21% Jan
98
.98%
_
91%
104% Feb
2% Jan
16% Jan
3
29
14%
28%
'
28%
98%
Jan
8
109
Dec
15%
•
700
/
3%
4
Jan
Preferred
.
40%
5
Jan
104 % Jan
*15%
14%
28%
•
11
Jan
.—100
of Wheat Corp (The)
2
98
'14%
*14
14%
28%
*98
■
15
Jan
4
23
4
102% Jan
preferred
conv
Deisel-Wemmer-Gtlbert
650
yy;
107
21% Feb
Detroit Hillsdale & S W RR Co„100
55
*33%
14%
3
Deere
4,600.,
.
*51
28%
3% Jan
Delaware
34%
j
104% Jan
Jan
tDelaware &
34
55
Jun
90
39,000
55
*51
Jun
24% Nov
13,000
18%
18 3/8
18%
18%
18%
July
25
100
8%
Dec
27
.
11
22
21%
8%
Jan
Jan
Dayton Pow & Lc 4%%
Decca Records Inc
700
34%
99 %
*98
.
21%
8%
21%
Jan
Davison
6,000
:
:
11
Jan
22
*51
41
;:■>:> ii":--".
29 y4
29
*99
34%
*34
32%
41
13%
13%
13%
13%
*29
38%
34%
26% Jan
3;
1% May
82
27/s
Davega Stores Corp—
1.900
35%
*32
32%
*40
32
32
38
*18
18
205/a
*
*40%
34%
Jan
10 %
>'
r
55,
'
34%
35%
18%
38%/
*17%
.
8%
8
18%
18%
18%
55
34
34
33%
18
*51
55
;
34%
*173/4
18%
18%
18%
*51
*34%
18
7%
*:
34%
*17%
20%
,
*34 Va
17%
Jan
36%
17%
Cutler-Hammer Inc.
-10'-/
■■•»■■'
•
sit
5
7
Cushman's Sons Inc 7%
700
23%
23%
34%
38
37 Va
34%
17%
%:
113%
*111
24
'.
14
14
/.
113%
23%
Y
3
83% Jan
6
Prior. preferred'—-w—Wo par
600
6%
% Jan
Jan
Sep
Jun
July
10
Curtiss-Wright
Class A
.
700
22
*18
13%
i *111
"
38%
34
.*6%
6%
22
13%
13%
233/4
38
■
18
23
*18
•
23%
114
*22%
6%
6%
113%
*111
24
*109%
16
17
9% Jan
Curtis
$7 preferred——
___
23
Jan
15% Jan
preferred—^.——..—100
Pub Co (The)
—No par
3,000
23
9%
45% Jan
24% Jan
4%%
140
17
44%
21% Feb
1,900
12,800
16%
Jan
23% Feb
.
11,100
5% "
■
29%
10
27
Cudahy Packing Co
:
100
114
*109%
115
22
*18
113%
*111
113%
23%
23%
*6%
6%
22
*18
22
*18
Y;.Y
22
*18
23%
23%
*23
23%
23 %
,
*109%
115
3 09 %
*22%
22%
6%
>
115
*109%
115
22%
5%
-
107%
27
Cuneorpress
43
42%
42%
5%
Jan
27
;
11.400
5% (.
5V4:
Jun
Jan
% Feb
Cuban-American Sugar—————10
Vfa preferred.
:
-100
23% </
113%' 113%
113
43
.43%
*109%
;
106%. 106%
July
Jan
25%
10
11
8% Jan
100
27% i
*23
5%
5%
Y
26%
26%
113
112
i-
"
41
44
30%
104%
41% Jan 11
106% Jan
Feb
79
•
107
43%
:•
2,780
*106
23%
5%
:
V
108%
43%
43
•
;
6.200
i
12%
115
*23
•5%
24%
12
*112
*106
23%
110
1,600
<
106
106
25%
75
24
3
14% Jan
140 > H
2,400
115
*112
110%
y
12%
11%
12
74%
24
23%
23%
115
3,200
98%
Jan
41
25
Oct
19% July
Jan
9
Crosley Corp (The)——Wo par
Crown Cork Jk Seal.
—-No par
$2.25 preferred—-——--Wo par
Crown. Zeiierbach Corp
5
500
200
30% X
2
13
'" 98% July
Y
20% Jan
Cream
1,100
16
15%
30%
74%
74%
i
30
-
17% Feb
Jan
Sep
73
Jan
79%
217% Jan
5%
300
28%
18
37
77%
No par
;Y 650
46
x98%
30%
99%
29%
-12%
X
15%
99%
15%
99
7,700 ;
.
18
18
28%
45% >45%
18
84% Feb
6
Jan 11
75
421/4 Jan
Coty Inc—
——
Coty Internat Corp——
1,700
.
21 %
,
18
17%
28%
46%
•17%
18
17%
*28
46%
*20%
20%
20%
21
2%
105% 105%
105%
Jan
.
share
5% J tin
Jan
89% Jan
39% Jan
Preferred—.———-----V-.-<-100
—1
1
CraneYCo--———25
;
600
v
<
19%
19
19%
18%
105
>
270
5%
-
2%
2%
2%
2%
19
5%
;
440
2,800
178
178
5%
105%
:
56%
178%
5%
5%
99
v:
i 30%
;■Y 110
21%
*20%
105%
28
«
46%
*98% > 99%
*23
105%
105
18%
18
28
18%
19
18%
19%
105%
2%
2%
2%
2%
2%
"47
*177%
178%
5%
5%
;
18%
28
12%
(
46%
20%
*46% ::
*23%
.
56%
17%
,
21
*75%
47
17%
105%
19%
105%
*30Va
1,500
56
28
•
(
17%
46%
18
>
17%
17%
17%
2%
19
105
*20%
17%
17%
•
2%
40
55%
5%
2,200
"
46%
5%
5%
200
■
i
17%
*178
178
178
v:
40%
11%
47%
'
2,600 ;
48%
56
17%
•
i
200
;
48%
56-
47
55%
55%
5,900
*11%
11%
46%
17%
17%
*46%
43,800
5%
49
11%
*48
49
*48
49
*48
11%
11%
11%
11%
11%
48%
49
3,300
•«'•
31
'
39%
*11%
11%
11%
1,000
'
1%
4 0V2
7
105
Continental Can Inc————20
Continental Diamond Fibre
5
Continental Insurance—
$2.50
Continental Motors
1
Continental Oil of Del—•
5
Continental Steel Corp
No par
Cooper Bessemer Corp
1-No par
$3 prior preferred
No par
Copperweld Steel Co.
*.——5
> Conv pref 5%
series—'——50
Cornell-Duoilier Electric Corp
1
Corn Exch Bank Trust Co—
20
CJorn ^Products Refining—..—..25
3,700
33%
6
17
9
: 37% Jan
6% % prior preferred——.100
Consol Coppermlnes Corp
5
Consol Edison of N Y
No par
2,300
1- $5 preferred..————-Wo pat
3,900
Consol Film Industries————-1
2,300
$2 partlc preferred—
No par
3,600 >'•' Consol Laundries Corp..—
—5
17,900
Consolidated Natural Gas wd
15
8.800
Consolidated Vultee Aircraft
1
1,000
-v Preferred: j
.-10
1.200
Consol RR of Cuba 6% pfd
100
2,900
Consolidation Coal Co
25
1,100
$2.50. preferred
——.50
430.
Consumers Pow $4.50 pfd—No par
1,800 Container Corp of America.
20
2,900
Continental Baking Co_
No par
100
8% preferred——
—
100
33
33%
*11%
4% Jan
Feb
16% Jan
Highest
$ per
share
per
80% Jan
3
3
Jan
70
■
17,200
104%
3%
3%
3%
3%
4% Feb
I
share
per
76
5,700
21%
104
*103% 104%'
104%
104
■',3%a'
21%
.
.
90
107
3%
•,
25%
9%
25%
12%
21%
25
19
10
9%
25%
i
3%
21%
3%
19
18%
3%
21%
$
Congoleum-Nairn inc—.—No. par
Consolidated Cigar
No par
300
21%
Year 1943
Lowest
Highest
Lowest
9 per share.
Par
Conde Nast Pub Inc
-
1,700
•
'00
Commonwealth Edison Co~—-.25
7,900
•
23%
*106%
107
*106%
3%
21%
21%
104 Vb
3%
a;
107
3%
3%
3%
21%
104
3%
15106%
106
106;
103%
21%
21%
104
21%
.
3,900
25%
23
9
33,900
.
;
> 9
*8%
*8%
22%
9
6,300
v
14
82%
22%
*8%
22%
*105%
15
%
82%
22%
9
•
,
22 V4
7.300
U
<•;
100 :
:
43
14%
-■
3,800
;
105
42%
14%
82
25%
105
,
200
39%
82%
3/a
n
82
17%,"
39%
39%
43%
14%
15
%
600
200
39%
105%
220
84 :m:
\
Columbia Das & Elec
—-No par
>
6% preferred series A.
.,100
5% preferred
:
100
Columbian Carbon Co..,—No par
Columbia Pictures^^w.—^—Napar$2.75 preferred..
--—Wo/par
'. Commercial Credit—.—
.-10
4 % % conv preferred-i—;
,100
Comm'l Invest Trust.
——No par
Commercial Solvents.
No par
Commonwealth & Southern—No par
$0 preferred series.^—-.-Na par
2.000
;
■
,
14,700
78% '<
*83.
;
Shares
.
.70
Range for Previous
Range since January 1
NEW YORK STOCK
the Week'EXCHANGE
4%
*16%
17
*16%
*38%
-
39%
25%
25%
84
*81%
85
39%
81 %
82
25%
25%
25%
•*
14
%
81 '/a
78%
*70%
,s
40
14%
15%
15
15%
81%
4%
39%
43%
%
4%
106%
*8%
.'.V
42%
15
25%
25%
•
*101%
> 81
81
*
105%
43%
ii
%
-
*101%
39
■:'v 4Ve
17%
17%
39%
43
15
14%
■
*38%
39%
105%
*97%
■s.
84%
E
40
*38%
78%
72%
*70%
.
$ per share
share
"
17%
"16%
39%
"39
,
■S:
17%
"38%
3
78%
72
E
.4%
-
STOCKS: *'■••:;%
•:
-y/YSales for
Feb. 11
Feb. 10
S per
share
'
78%
4%
70
Y
,
S per
Friday
Thursday
3
41/4
4%
4%
78%
4%
78%
17%
<•,,
I per share
85
4'/a
78»A
<,843/4
,i
Feb. 7
'
*70
Feb. 9
AND HIGH
LOW
Monday
PRICES
Wednesday
SALE
Monday, February 14, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
Sep
Sep
58 % July
103%
Dec
9%
Sep
8% Jan
3
3 2'/a Feb
2
Jan
3
95% Feb
11
54
Jan
92
Feb
10
57%
Jan
92%
Sep
Feb
10
62 Va
Jan
96
Dec
% Jan
13
%
Jan
87
Jan
3
96
92 3/4 Jan
10
97
s9e Jan
4
89
v."
Sep
1% Mar
Volume
dumber
159
THE COMMERCIAL & FINANCIAL CHRONICLE
4255
NEW YORK STOCK RECORD
PRICES
LOW AND. HIGH SALE
Saturday
Monday
Tuesday
Feb. 5
Feb. 7
$
share
3.0%
10%
10%
10%
10%
52
'
7%
-*
'82
-
11
10%
24%
24
4%
3%
23%
12%
12%
:
35%
35 31
35%
35'a
23%
23 Va
23
23 Va
22%
23
2,700
13
12%
12%
13
12%
13
12,000
;
23%
97
5%
;
24
.
3%
>
15%
15%
101%
'*101%
*20
20%
20%
1,300
■
1.500
,1.100
5.000
.
20%
19%
;•
19'/a
S*/a
5%
23%
23 %
*96%
*96%
17%
17%
16
>>>>:>
600
5%
97%
*96%
97
24
>
1,200
96%
*17%
>17%
*17%
96%
/;
■
45%
45
45%
45%
39%
39%
39 7/a
38%
37
37%
: 37
17%
*17%
'19%
20
110
105%
35%
35%
27%
27%
7%
7%
50
>12%
56
17%
\6%
39%
37% > 37%'
49«/4
19%
*1051/4
*34 %
351/2
*34%
*26%
27 %
*26%.
7%
7%
50
12%
12%
56
56
J
17
17%
22
22%
21%
14V4
14
76
77
*32%
*70
77
14
*71
32%
*30%
109%
32%
32%
32%
31
32 Va
31%
31%
31%
109%
3%
3%
3
3
*26%
27
*26
*13%
/
,
10%
*107
10%
10%
*
107%
45
8
>>>8>v
146%
143
8
*143
9
> 4%
13
89
41
4
19%
3%
30%
28
Jun
;
Florshelm Shoe class A...
1,200
*30%
31%
1,000
Fruehauf
440
5%
210
600
120
28,000
107%
45 >
3,100
480
35%
45,500
-
129
•
115%
2%
2%
*115'
>-
107
*103
*114 Va
2%
42
;
107
129%
129%
170
12,400
70
105
105
200
80
129%
*129
129%
4,300
.
117
*115
117
*103
117
*115
108
41%
115%
2%
41%
2%
116
41%
115%
42 V4
115%
'
53%
54 %
128%
128 '/a
43 Va
43%
431/4
43%
700
6%
6%
6%
6Va
1,700
52%
*128
53%
53%
33%
*128
129 Va
129
30,500
500
5
12% Feb
9
5
56% Feb
2
39%
Feb
16
Jan 18
20
Jan
4
13% Jan 13
70
Jan 15
30% Jan
3
17% Jan
22% Feb
15%, Jan
5
10% Jan
16% Jan
5% Jaid
21
5
Feb 11
33% Jan 15
50
Feb
29% Dec
29% Jan
1
32% Jan
17
:Gabriel Co
(The) cl A-—.No par
(Robert)
.J
1
-.20
2% Jan ' 3
2% Jan
4
12 V2 Jan
5
25
Feb 10
6%
Inc
preferred—.
Gamewell
Co
(The)
—Ao
Gar Wood Industries Inc
Gaylord Container Corp—
5Va % conv preferred—^
Gen Amer Investors
4% Jan
—
....
preferred..
100
Cigar Inc
.—No par
preferred.
.100
cum
General
No par
...
General Foods Corp
$4.50 preferred...,
Jan 3
Jan
7
Feb 10
Jan 11
102
Jan
4
128%.Feb
3
51% Feb
4
125% Jan 28 -
No par
-
.100
^.10
preferred
General Motors Corp
$5
preferred
No
3
4
4
41
xll4'/2
>2%
115
>.No par
$6jConv preferred series A_No par
5%
8
3
*6 Va
6%
-
*19%
20
♦19%
20
*19%
1%
1%
21%
115
800
7%,
*21%
21
115
7%
7%
*107
111
1%
1%
*lVa
21
*112
21%
;
*112
■
19%
19%
20
■
7%
*107
111
*107
111
3,700
—No par
Common...—
No par
Gen Precision Equip
Corp—No paf
1
No par
*112
*1% :
1%
*112
600
21%
Gen Public Service
700
1%
20%
21 %
115
preferred
Gen Railway
6%
115
No par
100
Signal
preferred
1%
1%
1%
1%
1,200
*52
53%
*52%
53%
52%
52%
100
21%
21
21%
21 %
21%
21 %
2,000
General Refractories
15%
18
15%
16
*15%
16 %
16%
1,800
86
86
x84 'A
86
84%
85
85
560
23%
700
General
21
900
Gen Time Instru Corp
53%
*21%
22%
21%
20
*19
*71 %;
•
♦1%
89 />
102%
102%
-
.
1%
2%
98%
40%
102'%
'
103
40%
> 103
37%
37%
36%
37%
36%
36%
>: 36%
37%
107%
107Va
*107%
107%
107%
108 %
108%
11%
11 %
:
>
11%
1%
4
*16
16%
*16
1%
3%
4
11%
•
*16
10
*9%
34%
34%
*23%
24%
*23%
24%
15 Va
15 Va
15%
15%
'
34
1%
*3%:~
4
*16:
16%
•
♦-
9%:
9%
34%
> 103
1%
3%
16%
*9%
*101
1%
"
34
11 Va
103
*101
103
*101
1%
1%
11%
10%
11%
103
*101
*9%
10
1,100
;
*102
t%
4-
37%
*16
7,300
500
108
2,700
11%
1%
'4 : >
1%
/<:
16%
9%
9%
*23%
24%
15 Va
*15 Va
i.
15%,
*23%
15%
400
16%
9%
>9%
34
Graham-Paige Motors————1
Granby Consol M S & P—
;5
Grand Union Co
;
-No par
Gfant (W T)
15%
7,266
Great Nor Iron Ore
29%
15,100
"
*23%
....15%;
27%
*
% 27%
27%
28
25%
24%
15 Va.
*23%
15
25
24 V2
'
28%
28%
28%
28 Va
29
28%
25%
25%
145^; r 145
28'A
25%
24'%
25%
25%
25%
26
*25'/a
144%
145
Co
2%
Jan
8% May
7%
Jan
18% May
95
14
71%
Jan
28% Feb
1
20%
Jan
Jan
6
130%
Jan
37% Jan
5
30%
Jan
43'A Jan
6
34
Jan
147
Jan
117
Jan
3
Jan
3
l20Va Jan
>
44% July
119 Va Sep
3
Dec
120 Va
21
83%
Jan
7
128%
Nov
54%
Feb
130
-
20% Jan
13%
15
Feb
5
4%
■
12
103%
39
6 Va
:
Jan
1% Jan
5
Sx
Jan
Jan
20
Jan
21
22% Jan
4
Feb
88% Jan
10
22
23% Jan
5
xl04
57
> 16%
8lA
115
;
Jan
1%
59
15% Jan
9% Jan
,
60
15%
Jun
Sep.
>15%
Dec
91
July
Jan
108
Aug
23% Mar
16% Jan
14
Jun
Nov
2% May
25% May
Jan
•••=
10
Jan
Mar
%
31'/a
■••
Nov
July
24% May
112
12% Jan
17
1 '/a Jan
23
56
131% May
Jan
Jan
Sep
July
July
137
Jan
8
107
Dec
107'/a
July
Jan
Jan
24%
Jan
Jun
23 % May
Jan
113
Dec
14%
Jan
25%
Jun
11
4%
Jan
9 'A
May
60%
Jan
8
21% Jan
4
101 % Jan
31
9% Jan
76
13
Jan
Jan
Feb
Jan
Jan
Feb
11
Feb
3
5
Jan
14% Sep
87% Feb
4
59
Jan
85%
20% Jan
14
14%
Jan
Jan
3
41
Jan
3
1% Jan
10
4
3
3
Jan
17
1%
Jan
98% Feb
,9
73%
Sep
7
4
2
7
3
8
3
3
25
14% Jan
3
47
74
May
Oct
22% July
Jun
48
:
A Ja n
1% May
>
3% May
97 %
Aug
Sep
44
Jan
5
24%
Jan
103
Feb
,9
83
Jan
39% Jan
108% Feb
15
25 Va
Jan
9
90%
Jan
11% Feb
2
4%
Jan
9%
Apr
Jan
101%
Dec
104
Jan
1% Jan
7
4% Jan
80
7
5
17 Va Jan
U
10% Jan
17
45%
102
Oct
41% July
108% July
>
Dec
•
2% May
6% Apr
Jan
17
July
7%
15
34% Jan
»;,
Jan
3%
*
8
19
=
Jan
13% May
29%
Feb
37
Jan
13
24
Dec
31
13%
Dec
18
11
21%
Jan
Sep
■/> 26
15% Jan
24
6% pfd—No par
257/s Jen
3
29% Feb
Great Western Sugar—..—No par
Preferred
...—100
24% Jan
3
26% Jan 20
Great Northern Ry
93
5
110
130
Nov
39% July
1% Aug
Feb
1 'A Jan 3
3% Jan 20
15 Va Jan 10
9% Feb
8
32% Jan 3
24
Jan 13
Prop—-No par
98% May
32% May
148
113% Jan
3
21
Feb
—
Jun
14
110
104'A Jan
8% Jan
100 V» Jan
^——10
5% preferred.———.—,—20
2,000
34
•
Jun
Aug
14
6
Jan
9V4
5% Jan
Jan 14
> 36%
—
151
v
14% Jan
______
Jan
,
9%
Jan
Jan
98
,
Granite City Steel——,——No par
6,600
1,600
16%
34%
100
1%
4'- >>-4
4%
2%
85% Jan
40
Feb
par
par
par
par
—100
—
31
24
x83
18%
46
1
2%
(B P)—.—No par
Preferred
103
.
?
:
No
Goodyear Tire & Rubb——No
$5 conV preferred
—No
Gotham Hosiery—
—No
*34 VH
34%
—No par
Glidden Co (The)
No par
4% % conv preferred.
—50
Gobel
(Adolf)
———.1
tGoebel Brewing Co
——.—1
GOld & Stock Telegraph Co.—100
preferred
5% preferred
Jan
Mar
19
Jan
6% Jan
19% Feb
No par
No par
—No par
Goodrich Co
5%
134
Jan
99% Jan 13
7% Jan 3
69
Jan
6
11 '/a Jan 19
5>
1,500
11
,
10
3
22% Jan 20 '
>.100
6,300
8% Jan
147
Jan
19
41%
Jun
Jan
110
370
103
/>> 11%
>
600
1%
3
37%
'108
100
24%
=
34%
>
>•
1,200
$5 conv preferred—
Gimbel Brothers—
Aug
51
Nov
No par
Tire & Rubber Co
107
37
44'/a
—100
4%% preferred
Gillette Safety Razor
'•:> $6
»
20
Telephone Oorp
preferred..
General
>
—-No par
97%
'
102%
108%
•'
1%
300
19
40%
40%
-
9,300
46
3
97
■
600
12%
88
c=45iv,
■■V
5,200
\75\>
19
1
2%
92%
40 Va
102%
102%
*1%
1%
9%
12
18%
3
9%
*87
46'
93
102%
40%
40
40%
40%
*1%
18%
*45
220
100
74
12%
87
18%
91
91
89
73%
12%
87
46
*2%
3
2%
3
*72%
1,400
20%
20%
.
6%
115
100
9
12%.
18%
>
1%
1%
1%
: *2%
'89
46
20
100%
88
46
19
18%
*45
46
9
73%
*110
115
20
9%
20 Va
21'/a
*110
100
*87
'
19%
*19
*45
*20%
20%
19%
12%
13
88
*87
22%
*23%
23
23
100%
73%
73%
12%
13
87
84%
115
9
9%
*71%
73%
12%
87
16
19%
OO
9
.v
100 3 i
19%
>
100 %
*100% 101%
9Va
*110
115
*110
*19%
20 Va
20%
20 %
115
*110
22%
23
*22%
22%
*20'A
>21%;
102
31
17%
Jan
3
Jan 12
Jan
4
Jan 4
Jan
7
Dec
14
46 Va Jan
125%
1 Va
51%
20%
14%
84%
Apr
Apr
107 V2 Jan
11
__
General Shoe Corp————
1
Gen Steel Cast $6 preferred—No par
*52%
1 Va
1%
Jun
11%
11
20% Jan 10
Realty & Utilities
1
$6 pref opt div series.—-No par
Gen
1%
*lVa
July
6%
14%
11
13
Oct
30 Va
;:
33 Va
Feb
1% Jan
Jun
4'Va May
Jan
43% Feb
..10c
—
Aug-
14%
Jan
3
19% Feb, 9
6% Jan
3
107
Jan 12
General Printing Ink—.
$6
111
4%
>•
Jun
6%
4% Jan
Gen Outdoor Adv A
'
7%
7%
8
7%
*107
9%
51
7
12
Sep
110
Jan
36% Jan
par
'
43%
*43
Feb
10% Jan
.
—
No par
Gen Gas & Electric A—.No par
General Mills
137/a Jan
53
26V2 Jan
3
xl41
Feb 11
35 '/a Feb
4
....
General Electric Co
15
1
3
Dec
38% July
31% Jun
Jan
5
21
3
143
Feb
6% Jan
4% Jan
11% Jan
81% Jan ;
Class A—.——^.—.^..No par
1%
19%
Jan
5% Jan
May
75
Jan
29
/
19% May
Jan
2
Dec
15%
Jan
1%
9%
11
106
Jan
4
43% Jan
3
7% Jan 24
No par
—
7%
2%
3
22
Dec
13% July
96% Jan
3% Jan
4
13% Feb
' Jan
Transportation
.5
General Baking
5
$8 preferred..—.—No par
General Bronze Corp..
5
General Cable Corp
No par
r
Feb
53
Jan
15'A Jan
3
51
Amer
12
Jan 20
110
10 Va Feb
5
.—.>50
.^...No par
$6 preferred—
Gen
par
1
—
7
Jun
9% July
Jan
9% Jan
77
4
Jan
Jun
July
54
108% Feb 10
1,200
90
4
.3
preferred——100
Gair Co
Jan
53% Jan
;
8% Jan 21
51% Jan 21
50%
Feb
conv
100
800
.
Co
3
Jan
11% Jan
...
Trailer
-
42
6% Jan
48
Food
32%
10
2%
24% Jan
——10
100
32%
2,400
42
19% Feb
9
104% Jan 13
34% Jan 13
No par
10
70
52%
,
77
8%
*114%
127
.
45
Food Fair Stores Inc_——1
600
129'/a
.
,
Follansbee Steel Corp
5% conv preferred
5%
116
51%
Jun
27% Feb
12%
*106
127
July
28%
2%
129 Va
Va Jun
36
35%
115
2%
22
109
25% Jan
145%
41%
*114%
Jun
3
28 %
35%
35%
-19%
7
*143%
28%
145
12% Jan
5
3,300
90
89
*28 Va
*142%
Apr
Nov
36% Feb
4%
4%
13
17
6%
25 % July
98%
•
20% Jan
106% Jan
9%
''
Feb
3% Jan
15
Jan
,78% Jan
39%
77
143
9%
3
Jan
V Jan 27
Dec
13
31% Jan
15% Jan
97% Jan
12%
9
::
107 %
45
17
I8V2
14
Nov
11
370
10%
1
105% July
29% Apr
18 Va Dec
,Feb
;
1,400
53
*44'/4
*
107%
107 Va
44 Va
44%
10%
8
19% July
Jan
38
2,500
13%
,
10%
Feb
98% Feb
18% Jan
Corp—-——--1
__$2.50
14
;
13%
24
5
Jan
93
,
Jan
86
3
4
.3,300
*51
3
6%
20% Jan 12
5% Jan 28
4
Mar
May
11%
35% Jan
1,200
53
*51
3
4
42
28
Nov
First National Stores——No par
Flintkote Co (The) —
No par
$4.50 preferred—;—
No par
Florence Stove Co
—No par
2,400
13%
13%
13%
53
17% Jan
5
Jan
22% Jan
2
101% Feb
20% Jan
L
Nov
8%
43
17%
5
Jan
21
No par
22
26%
•'*51
Enamel
18
100
Jan
19% Jan
—5
—
13%
15
4%
27"
400
*14%
4%
17
*21%
>>
15 Va
4%
21
260
3%
3%
>
3 Va
30% Nov
7
17
25% Jan
.2,700
,
>
'
3%
3% July
6
800
*108%. 109
*15
Jan
14% Jan
Machinery Corp
10
Foster-Wheeler Corp—.
_10
6% prior preferred
—.25
Francisco Sugar Co
—No par
F'k'n Simon & Co Inc 7% pfd—100
Freeport Sulphur Co
10
109%
109
%
5
29% Mar
15
300
31%
31
Nov
Jan
1,100
17%
25
20
Jan
12%
>
3
2% Jan
24% Feb
4 Va Feb
41
54%
22 %''
3
Jan
49
54%
.13%
13%
21% Jan
8
37Va Jan 20
33
*72
14%
.*21%;
Jun
4
24%Jari
77
17
22
Jun
68 Va
10
10% Feb
8
*12%
17 > ■.
17%
9%
14%
16% May
52% May
"78
Nov
,
38% Feb
300
c,
Jan
5% Jan
16% May
Jan
10
1,600
*
1
7% '
3%
6
Jan
8
Fidel Phen Fire Ins N Y
Firestone Tire & Rubber
.1,600
-
.1
51
5
8%
39%, Jan
3
Ferro
13
17
17
•
19%
110
Jan
11% Jan
~6% F~eb
Federated Dept Stores——
No par
4Y*% conv preferred—100
55
55
22
*14
51
50
.
*12%
12%
56
7%
7%
7%
,
50
49%
*105V'4
11
1,200
29
27%
->>*19%
110
11
54% Feb
2,000
3,900
\
35%
,
11
11% Feb
3
3
300
•
>:
■
19%
35%
12%
;
38
*34%
!
110
56
■
19%
"*37%
•
11% Feb
3
11
160
46%
38%
17%
*105 %
19%
19%
"v 17%
46%
39''4
29
7%-
50
37 Va:'
■
*34%-
•
■
:
38%
37%
•
•
39%'
>*105%
35
*27%
37
>'
19%
110
35
1
■:
37%
19%
'105%
•
46
39
45%
39%
46
17%
45%
•
97
4
9% Jan
9% Jan
14% Jan
Federal Mln & Smelt Co__
'
97
9% Jan
22% Feb
Federal Motor Truck
$ per share
46% Jan
33% Jan
Federal-Mogul Corp
Highest
t per share
share
No par
i
300
2,100
I per
Lowest
Fajardo Sug Co of Pr Rico—__-.20
Farnsworth Televls'n & Rad Corp.,1
Federal Light & Traction
15
$6 preferred
2
No par
700
5%
'23%
23 Va
:■
$ per share
Par
Erie RR common———No par
Ctfs of benef Int--.*—.-No par
5% pref series A——
—100
Erie & Pitts RR CO.
,.50
Eureka Vacuum Cleaner——
.3
Evans Products Co.—..—.-——5
Ex-Cell-0 Corp
—
-3
Exchange Buffet Corp
2.50
Fairbanks Morse & Co
•>>>>> 30
19
,19
,
GOO
101%
15 Mi
5 Ma
>>
24
4
> ?4%
•
1
7
11%
24%;
3%
*101
19%
-
7
x«35%
*20
19%
■
;
15%
20%
*5%
23%
97>;>;
'
7
11
24%
3%
*100%
*20
5%
:
?
102
*19%
.
19%
5%
*6%
16%
*15%
20
20
.
Year 1913
Lowest
•
5,700
66,000
5,900
35%
*100V2
*19%
11%
24%'
11%
11%
54%
82
v /'
*10%
24
3%
16%
101%
6%
11
24
*3%
11%
11%.
54%
*77% "7
11
.
V>' *'77%
101Va
*16
11%
11%
54%
82
12%
35%
35%
*23
10%
10%
52%>
*77%
23 Va
-
4%
'
10%
10%
52%
82,
Range for Previous
Range since January 1
Highest
Shares
10%
24%
3%
7
24%
4
t per share
82
7%
*77%
10%
24%.
10%
10%
52%.
10%
the Week
35%
'
7
10%
10%
52 Va'
Sales for
Feb. 11
10%
24%
3%
'
7
■*77%
82
*7
10%
10%
10%
>52%
Friday
>
v .
STOCKS •
NEW FORK STOCK
EXCHANGE
/. ..
$ tier share
$ per snare
52%
10%
10%
51%
*77%
$ per share
per share
51%.
>
>
Thursday
Feb. 10
Wednesday
Feb. 9
Feb. 8
S per
>
-
July
Apr
32% May
«
145%
*144
145%
145
:
.
.
'
>
*65
*44% J 45
45
:
4
•
124 >
•
v
••
11 Va
11%
■> 4
124
=
4'-
4
9%
9%
40%
41%
41%'.
»
45%
44%
45
>
•
:
>,
27%
*35
36
*16
16%
13%
Fof
footnote",
see
...
-
170
145%
10
65
45
45
45
45%
45%
1,300
20%
20%
20%
20%
20%
3,600
11%
11%
11V4
11%
11%
1,400
11%
11%
11%
11%
11%
11%
12
1,300
3%
4
1,300
*3%-
4
4
*122%
124%
42%
44'4
44 Va
27%
124
9%
9%
; 41%
•••'
44 Va
4
129%
9%
3%
126
655.
126%
41%
42 V4
42
' 9%
42%
44%
44%
44%
44%
45%
*27%
29
*35
36
35 Va
16
16
16
*15%
13%
126 Va
42
36
109
127%
9%
27%
*13 Va'
4
94B
16
"107
109
page
144%
*56
'
*35
*26%
*13
65
20%
*11%
41%
.
*107
*56
11%
9%
,
42%
45
44
65
20'4
...
■
*122%; 124 •/
9% .9%
45
145
-
11%
11%
11%-
*11%
-V
*11 'A
*63
11%
•
20%
.20
-11%
11 %
145
65
2,200
.20%
>;
•
20%
; 20'A
65
44%
67
.45
67
*65
26
*13
14
*107
10§
*27%
29
*27%
29
35%
*35
35 Va
16/
1G
*13-13%.
*106
9%
109
*13
*106
'
16
13%
109
•
380
27,600
10,300
=
6,600
200
10
300
-
Green Bay & West RR
—.100
Green (H L) Co Inc——
1
_No par
.——10'
——1
Guantatramo Sugar...——-No par
S% preferred-.—
—100
Gulf Mobile & Ohio RR—No par
Greyhound Corp (The)—
5%% preferred—.—_!_i
Grumman Aircraft Corp
*5
©referred——--——.--No
Gulf Oil
7%
1
Jan
44
Feb
197/8 Jan
11% Jan
IIV4 Jan
3% Jan
123
Jan
6'A Jan
12
65
Water—
-
preferred class A.
preferred
:——— —
100
3
154
Dec
57%
Sep
65
Jan
50 »A Jan
22% Jan
5
31%
Jan
24
14 %
Jan
11
Jan
12% Jan 14
12% Jan 20
Jan
81%
Jan
Feb
3
3%
Jan
25%
Jan
>
41Va May
44% Dec
:
50% July
10
42% Feb
11
5
8
28 Va Jan
12
Jan
5
Jan
20
5
16% Jan 18
13
3
14
17
Jan
\
>
T
r>
May
2%
3
46 % Jan
r\
17 %
8
3
r\
10% Nov
Sep
Dec
13% July
138 Va Jan "
15% Jan
-*
50
21%
>
>4% Jan:
8
35
Hall
6%
3
13
27
4
26
Jan
3
Jan
27% Feb
28
__25
10
Printing Co—
Hamilton Watch Co.———No par
9
Jan
11
Feb
67
138
27%
148 Va Jan
44% Feb
33
V*
23
Corp
Hackensack
Feb
144
23% Nov
36
Jan
5
Jun
160% Jun
10% May
..
22%
Feb
28 Va
35
Jun
38
12 'A
Jan
9V2
Jan
Sep
Apr
18%July
15% Jun
110 Va July
-
FINANCIAL CHRONICLE
THE COMMERCIAL &
Monday
Saturday
S
per share
107%
*107
16
16
16%
*143
',■■■ *6
6%
107
*6%
6%
*2%
2Va
2%
2%
103 VB
103'/a
103%
103
.
-
1
*68%
69
160 %
160%
i
69
*160%
24%
163
25%
24%
24
24 %
25
24%
77%
76
76
76
76
77
77
*77%
*130
131
131
69
*163%
25 %
*76
,
131
*130
*114%
*20%
38%
38%
*37%
16
15%
16
15%
15%
15%
14%
14%
14%
14%
14%
14%
38%
16%
16
14%
15%
15%
14%
14%
14 Va
14%
*116
116
-136
43 %
56%
109%
E
*56 Va
33%
110
v
7%
7%
-
1%
7%
23%
23%
,8%
8%
1%
63%
7%
128
63
Jan
3
66
Jan
21
49
Jan
71
July
114% Feb
7
116
Jan 21
100
Jan
118
Aug
20
1,800
1%
1%
1,400
8%
—
: 2,900
Oil of Texas
25% July
40% July
17% July
Jan
7
Sep
17
Apr
115
Jun
117
Aug
31
Jan
42%
12%
% Jan 11
25
Sep
1
36%
Jan
45
July
Jan
17
9%
Jan
17
July
16
58% Jan
25
44
10
105
Mar
66 % Jan
10
57% July
July
Jan
110% Jan
■
114
>
68 Vb Nov
59'/a Aug
9Vj July
Jan
3%.
8% Jan
7
Jan
27
30%
Jan
41%
Apr
1% Feb
11
%
Jan
2%
Jun
4%
Jan
10%
Jun
34
Co——————5
100
5'/c non-cum preferred
100
Hud Bay Min & Sm Ltd—IVo par
& Manhattan
Hudson
■
Jan
28% Jan;
43% Feb
t c_——25
v
7
/ -v'?
Light & Power Co.—No par
Howe Sound
:■
7
12
45% Jan
21% May
"16%
Jan
16% Feb
15
Jan
14%
39 % Jan
136% Aug
Dec
,
3
Jan
22
—100
Houston
3,000
32%
1%
73
9
Houston
900
7%
Jun
5
preferred——100
5%
Dec
87
Jan
81% Jan
132% Feb
12.50
No par
—No par
)No par
Household Finance——
160
c
29%
Jan
4
preferred-—--—*
Class B—
i
200
.
i
110%
63
33
*1%
*1%
*6 l/a
1,100
*32%
7%
7%
33
33%
33
57%
57%
110
63
63
63%
63 Va
7%
33%
'.v
57
*109% •110
•
7%
33%
:
*56%
57
109%
W
63%
63%
,
7%
33%
33%
33%
:
7%
7%
7%
14%
14%
14%
57
lio
110
:
14%
Aug
12%
18
(C E) The—--
Houdaille-Hershey cl A
Lil-.
43
14%
14%
14%
172
152
Feb
-Holland Furnace
7%
43 Vb
*42%
'
'
preferred
conv
Hires Co
.
2,600
,
Jan
5
Jan
Homestake Mining—.—
100
300
.
21
Jan
76
1,200
>1
21
38
43
43
*42%
43
$4
*116
43
43
;
*56%
63%
63 %
64
*63%
.V1
57
109%
109%
-21
21%
*116
_■
43%
*42%
43
14%
14%
14%
*56
56%
'109 Va
„
43
43%
*42%
43
.21
-
;
*116
'
43
43%
*42
14%
14%
:
43
43%
42%'
*42%
v
Apr
Jan
,128
3,900
14%
38%
Jan
163
6
—10
—1.
(Del)-.—-——-10
Hollander & Sons (A)
5
Holly Sugar Corp
—No par
15%
*38
39
69
71
23
Hlnde & Dauch Paper Co
*19
38%
21
21%
*38
preferred
cum
Hershey Chocolate—
21
*19
21
21%
38%
*19%
*20%
39
6%
.
100
% 400
*19
21
21%
21
21%
15%
60
65
110% July
Jan
100
No par
No par
Hercules Powder
132%
3% May
Jan
56%
,;;:4t
No par
No par
Hercules. Motors
700
*63
1% Jan
93%
27
5,500
Oct
10% May
3
9
25
109%
29
Jan
3
27
63% Jan
'
106% Jan
Jan
80
*131
Dec
160% Feb
-
preferred
7'/a May
Jan
6
__100
W)
78%
*114%: 115
65
115%
86
7% Jan 12
U
(G
Jan
18
27
3
28
non-cum
4%
6% Jan
105 % Jan
6% Jan
2 % Jan
7°!o
144% May !y
5
101% Feb
Helme
18% July
Feb
14
25
——25
10
*20%
*19 V/
*21
*19%
*20%
'
*
132%
65
*114%
116
*114%
200
Sep
Jan
135
5% Jan
——2
Glass
24%
25
■79%
*131
;
65:%
*64
65%
114%
114%
71
4
Co
Hazel-Atlas
500
*160 %
*160%
132%
131 =
131%
*64
114%
114 '/a
117
*160%
65%
"63%
65%
*63%
68%
68%
69
163
69
*68%
25 y4
'68%
6
Feb
Hayes Mfg Corp—
2.800
102
101%
*68'
102%
*102
102%
102
103
*2% "2%
2%
2%
2s/n
I
102%
8
107%
Jan
13%
11
16% Jan
143
Highest
I per share
99%
104 % Jan
6 Va %
6V0
Jan
Feb
108
3
13
138
.100
.
——1"
preferred—--———-100
Hayes Industries Inc-—
1
Corp of Amer class A
Hat
Vs
6
107
6%
6%
6%
6%
6%
6%
*6%
6%
*6%
*6%
preferred
6%
144
*143
*103
107
*103
2,000
Feb
15% Jan
104
Hanna (M a) Co $5 pfd——No par
Harbison-Walk Refrac
No par
10
16%
16%
6%
*6%
6%
;> 105
.105
144
*143
144
*6%
6%
:
105
1
16%
\v.
1943
I per share
$ per share
share
Previous
r
Lowest
Highest
Lowest
I per
V:-'-t-, "V;. -.:Par i
V
Y<
!January 1
Range sin
stock
new york
v:..xexchange
Shares
108
108
108
;
the Week
$ per share
share
16%
16Va
*143
144
6%
V *104
*106%
108
16%
!>%,'
16%
*143
.
6 V2
•
*104
107
*104
144
*143
144
6 %:
'
16%
V-
*107
108
*107
108
16%
*106%
Feb. 10
S per
f per snare
share
t per
share
per
Feb. f)
Feb. 8
Feb.?
Feb. 5
S
for
Sales
Friday
Feb. 11
Thursday
Wednesday
Range f(
;,vv
vv stocks
high sale prices
and
Tuesday
Monday. February: 14, 1944
....
RECORD
NEW YORK STOCK
LOW
-
;
.
8% Feb
11
26 Vb Jan
11
Car—————No par
9% Jan
5
1
1% Jan
4
1%
Va
8
8%
7%
1
23%
24
23%
8%
1%
%
8%
1%
.
1,600
1,900
•
8%
H%
8%
1%
:
24
.
:
i.
Hudson Motor
Hupp Motor Car Corp
2,400
—
22% Jan
'4% Jan
.
29% Mar
Jan
2% May
ii
11% July
I
"
■%,.
-y- .*,(
26%
1.2%
13
33 V4
33%
52%
52%
26%
26 %
26%
13 Va
12%
13%
12%
13%
34
16%
;
53
53
53
52%
54%
11 Va
11%
11%
11%
11%
11 Va
72%
::
'
1P VB
77 B
*7%
34
*32
113
*111
7%
7%
7
"
.16%
16 Va
38%
38 Va
97
97%
98
167
*160
.
■
73
10%
10%
*7%
77b
33
*32%
73 Vb
73 ■/«
10%
:4,500
*7%
33
*32 Va
*110%
113
7 ''•>
7%
7%
7 Va
1
72
70
169
-v:;
.72
169
'
71
70 V8
169
,
157
157,
4,700
•
160
1-9
31% May
37
Jan
48
May
4
May
8
Jan
41% Ja»
14
Feb
3
Jan
7
76% Jan
Nov
44%
100 %
5
10
19% July
18
17% Jan
13
86% Nov
13
4
Jan
32%
4
Jan
HVb
Jan
38 V» Feb
20
3
Jan
161
71% Feb
99
4
88% Jan
162
158%
62
Jan
■'
3
Corp
23
7% Feb
7
6%
10
34% Jan
24
21%
—100
:
Jan
3
6% Jan
6% Jan
157
70
Feb
165% Jan
174
7
Jan
Jan
31
Mar
9
Mar
9% Apr
177
Sep
Jan
Jan
56%
162
173% Jan 12
28
Apr
Va July
115
Nov
6'v: Jan
144%
5
74
10
8
38% July
Jan
6
-
7% Feb
27
Feb
106
Jan 12
8% Jan 21
112
109% Jan 27
Apr
15%
Jan
Feb
Jun
July
78% July
9% Nov
11% Jan :-5'„
3
7% Jan
No par
168
Apr
10 Va Feb
33
-IVo par
Interiake Iron
——-——No par
Int Business Machines
No par
International Harvester
No par
Preferred
—100
:500
.
71%
70
168
6%
16% May
Jan
10
4
8
Intercont'l Rubber
9,100
157%
*155
■
71%
167%
168 Va
168%
-
Jan
18%
54 % Feb
Jan
xl6% Jan
—1"'
preferred—-
Interchemical
r'i
18
18
46
—20
Inspiration Cons Copper
Insuransharcs Ctfs Inc.—;
1,900
■
■
7 Va
7-%
168%
71
71
70%
168%
3 67 '4
158
*156
158
158
159
72
*168
7%
100
7Va
7%
.
100
34
113
*110%
7%
7%
600
7 7 ii
14% Jan
36% Jan
10% Jan
Inland Steel Co—-—-—Wo. par.
1,100
10>/4
111%
7%
7 Va
7%
/.i
77u
33
.
-'V
''•'■•
10%
*7%
7%
.
800
73
10%
.
1,200
3
25% Jan..: 4
100
—100
_1000
No par
Industrial Rayon.——i-——No par]
Ingersoll-Rand
——No par
6% preferred——100
4,200
:
'
,
167
*160
167
111%
,
7Vt
-
X73 /V:
73:
V
7%
1
16%
38 V4
97
'
VB
159
159 Va—
*157
16%
15
Jan
27
25% Feb 11
20
—
preferred series A
Leased lines 4%
RR See ctfs series A—
Indianapolis Power & Lt
6 %
2,980
,
38%
33
77/4
77/a
11%
*160
v.,:
111-.
111
113
7%
'
7%
•
*32
33'%
*33
•
54
11%
'
■
RR Co„—xoo
Central
Illinois
600
53%
;
■
97
IOV4
10 Vb
7%
''
3,500
16%
*38%
73 V
73
..
io%
•;
7.Vb
*7V4
167
*160
Vt
29,500
39
16 Va
97%
"
14%
35=%
97
38%
97%
%
16%
38 V4
v
98
167
*111
■
*16%
16Va
72
10%
*7%
527b
38%
*160
72
71%
34%
11 Va
*96'%
>
167
*10
34
16 %
38%
97%:
34 V2
38%'
16%
38 '/4
*96
Mi
34
527/a
52%,
1 11
,
v
11
13%
35%
34% ,.v:
•
2,300
35
14%
13
34
7
•
Idaho Power Co
25%
25%
26%
26
26%
'
*10%
*160
26%
12%
26%
*26%
rl
*/
V
■
74% Jun
177
Jan
July
4
Vb May
'
'
:
2;
2
*16%
4%
v
*67
133%
67
I'
13%
67
*7%
71 Va
*42
*35%
*57%
133
:
s
8%
71 %
*71
*41
Va
72%
13%
16 VB
16 '/a
60
120
-
*112
>
13 Vb
13%
13%
13%
13 Vb
*13%
13%
16%
*16
16%
16
110%
*110
110%
*110
13%
13
.
15%
15%
16 Vb
15%
•
— ■
*15
15%
15%
15%
*23%
30%
*139
'
*139
I6V4
*23
30%
*29 Va
29%
139
110%
*110
110%
*110
110%
*110
30 7a
f' *29%
*140
.
Corp
809
Intertyoe
200
$6
Mar
67
July
Jan
6%; May,
36%' Apr
Nov
3
28 V4 Jan
17
25
Jan
3
133% Feb
3
.129
Dec
7
14% Jan
5
:
8%
Jan
14%
Dec
Feb
11
69 % Jan
15
45%
Jan
69%
Dec
3
.8% Jan
■7
3%
Jan
11%
Jun
138
-
Jan
68% Jan
4
12
37%
13
43
Jan
31:;
39
July
35% Jan
13
36
Jan
5,.
28
Jan
._.
No par
x64 % Feb
10
3
117
Feb
3
102 '/a
14 Vb Feb
1
6 Va
Jan
11% Jan
12
14 V'a Feb
1
6%
60
10
17% Jan
15
9%
Jan
5
110% Jan
11
90%
Jan
Jan
4
16% Feb
8
10%
6
30 % Feb
2
27%
Jan
3
14% Jan
25
July
16% Mav
Jan
Jan
Dec
115
'VV;
Jan
15% Feb
Jan
15
29
—2
140
1
preferred
71% July
Apr
38% July
Jan
12
July
44
.fan
3H
3
Feb
108
No par
1
.—
74% Jan
11% Jan
56% Jan
117
—-100
Island Creek Coal
40
140
140
19
Jan
3%
39% Jan
Telep & Teleg—
15%
*29%
Jan
55 Va
24
.No par
——50
:
30%
*15
30%
.W-
*133
~'.v^ v
11%
20
5 Vs Jan
7% Feb
Dept Stores—„—No par
Preferred —^'-1
———100
110aa
21
69% Jan
66
Interstate
800
•
16% Jan
3
13% Feb
Foreign share ctfs——A'o par
1,300
16 VB
VB
Intern!
26,000
'
,
Silver
preferred
7%
■
,
'
*13 V8
13
13 Vb
16 Vb
.:
International
700
,
120
3
13
—No par
Salt
■
Jan
130
Paper
International Shoe——»
1,800
65
*63%
64%
120
International
>
36
36
36
%
*112
:;V
5%
200
42%;
■
.
16%
13%
13%
16 V8
Inter
73
*41
42%
36
X63
62
•'■*112
*13%
,
*41
.
36
357s
.
60
5%
600
8%
Jan
26% Jan
No par
.—100
2,400
66%
72
72 Va
72%
.
42 Va.:
120
13 Vb
13 %
13%
13%
36
36
*57%
*112
118
'*111
•
8%
66
8
8
%
22
4% Jan
Co_——-15
conv preferred——
—100
Rys of Cent Am
No par
preferred-.
——100
International
15,500
•
2% Jan
65
Corp—L.——1
Preferred
170
/
Nickel of Canada
Int
20,000
V';
"
•;;,v
8
42%
13%
66%
International Mining
600
V
27%
133 V8
13%
66 V4
66%
*41
60
*57 y*
•
.
13%
15%
667/4
71%:
v
357-B
35%
357 ii
58%
13 Va
29%
66%
13 %
Vv.
13%
'
16%
139
13%
%
4
15 Vb Jan
25
Chem.—-—5
preferred———.—-—100
Hydro-Elec Sys class A
4%
400
.4%
a
26%
13%
:
1% Jan
International Min &
1,300
;
•
133 Vb
,
133%
133V4
s.
900
.
15%
67
47
27%
27
:
"
42%
*41%
13 %
*110
4%
13 Va
*7%
:"■>
71
71
71%
42 u,
*16%
13%
133 Va
-
4%
*4%
27 VB
133 Vb
66%
..'
67
8
15%
67
13 V4
13%
8
15 Va
67
15%
67
16
67
' r" 4%
:
~ 26%
27%
134
*133
.
2%
*2
2%
15%
67
,
4%
:
267b
27 VB
■
667%
118
*112
13 VB
8
69
47 a
8
26 Va
133
133 Va
13%
..
*45
4%
27 Va
27
16%
*67
2
'2%
*2
2
2
*16
2
16V4
69
Va
16'%
69
'V 2
••
16%
*67
Int
16% May
•
;
V
18%
Sep
111% Aug
Jun
Jan
32%
Apr
Jan
135
18
145%
Jun
''
J
14 VB
.14%
23%
*14 Va
29%
107%
■
,
85
•
128 Va
*80 V4
*128%
130%
100
*82
21 VB
;
13%
13%
13%
*30
31
30
100
*82
100
*82
100
21%
59%
69%
11%
11%
21%
59%
-
59%
.
21%
68%
68%
*11%;
11%
11%
100
-
21%
>.*59%
■'!
<
.
11%
*69
11%
5,500
V
600
700
70
11
11%
Va
1,000
.
.
Chicago
.
91
7
21
99 VB Mar
Jan
19
70
9
125
Dec
136
July
78
Feb
Jan
20% Jan
Aug
79
Aug
-
Feb
V
34
July
109% Aug
Jan
92 Va
•
Sep
22Va Jan
3
11
19 Vb
Jan
26% Apr
Feb
3
54
Nov
65
Feb
11% Feb
1
64%
Dec
82
5
8%
Jan
7
xl2%
Jan
5
60
66% Jan
4
70
10% Jan
14
Feb
9
18% Jan
14
6% Jan V; 3
123 Va Jan
14
9 Vb Feb
11
58
16% July
26
10
f'' ';.v„
RR
9% Jan
14
Feb
131% Feb
85
128
—a——100
_
stamped—100
Jones & Laughlin Steel..—
No par
5% pref series A—
100
5% pref series B couv—,
100
Joy ^Mfg Co————1
&
Joliet
_
59%
68 %
Preferred
..
31% Jan
110
4
21
29 V4
Johns Manville
20
3
Feb
107% Jan
No par
preferred
100
Corp——No par
4% %
200
•
21 %
58%
68%
69
11%
■:
Jewel Tea Co Inc——
2,600
21%
*59
v
131 Va
*130
*82
',i
86
85%
V
13%Jan:
—1
Jarvis (W B) Co——
900
■:
;
111
*107
>■;
100
21 %
21%
59
v
131% ;
*130
*82
59
.
68%
t
86
85
85
131%
85%
110
110
131%
V
500
30
110
*106%
85 Va
130 Va
21V4
11%
■
85%
'
11%
X13?B
14 VB
14%
30% <•31
■
130 Va
85
*68%
69
69
30 Va,
130%
21VB
59%
14%
108%, 108 Va.
109
59%
21 VB
59 %
14 Vb
30%
29%
*107%
109
85
*85
*
14%
29%
Apr
Apr
12% Jun
K
*17 '4
*17
17%
V
*123%
17 Y*
7%
8 Va
26
24%
26 Vb
13%
13%
14
14
7%
104
8'/a
*103%
104
*18
®17V4
19 VB
*110
112 Va
*20 y*
*13 VB
*113
30VB
*110
*20 V2
20%
*13%
13%
*113
116
4%
22 Va
*6%
-29%
*32%
•
105
-i/-
W-
8%
*104 Vb
~9
*110
112%
103
*110
*20
20 V4
20
13%
13%
.
*113
32%
5
13%
13%
116
30 VB
30Va
*112
30%
.
.20.
4%
57%
57%
22
22 V4
22%
22 Va
22%
7%
*7
29
29%
32%
32%
32%
32 v4
29
V
22 VB
'
29%%
32%
33
4%
*55
7%
29 V4
..
:
.
7%
22
Va
*8
8
30%
13%
.
20'%
19%.
*32%
33
Kendall
100
4%
57 Va
22%
22
22 Va
*8
8%
.'
8%
300
•>.
t
■
■
-
-
230
29-
400
;
29
32%
32%
29
32%
32%
32%
1,800
11%
*11%
12
*11%
11%
11
11%
63
*63
64
63%
63 %
64
65
65%
65%
28%
28%
28
28
28
27%
27%
27%
27%
27%
•
18
18%
39%
*23%
115
5%
*38
9%
9
24
*23%
116
115
5%
5%
1 %
1%
1 %
15%
15%
19
*36%
43%
7%
*40
30 %
30%
-
24
*23%
115
*115%
5%
5%
1 Va
1%
16
16
30%
30
18%
18
18
*37%
33%
39
39
9%
9
23 %
117
5%
23%
*115%
5%
9%
23%
117
5%
9
23%
*115%
5%
23%
23 %
115%
117
6%
6
7%
40%
footnote-.
43%
7 %
40
$eo
43%
7%
40
page
655.
1,000
110
15,100
1%
1%
1%
1 %
1 %
1%
2,100
16 %
15%
16%
16%
16%
2,200
30
30
30%
30%
30%
30
30
18%
*18%
19
18 Va
37%
36%
36
43%
43 Va
43%
43%
44
7%
40
7%
*40
7 %
40%
7 VB
*40
2,900
*18%
19
*36 "2
.7%
v
*15%
37 VB
40
6%
200
1 Va
%
19
400 J
*35%
37%
100
'
43%
23%
117
*
16%
*36%
19
37 %
8,500
17%
38%
9
43%
*18%
*36%
3,700
18 VB
38%
18%
19
37%
900
VB.
18 %
"38%
9 VB
190
;
9%
18 %
18
39 %
8%
15%
30%
18
*38%
9
—
——
7%
41 %
43%
7%.
44
7%
2,900
10,600
200
v
5%
No par
3^ conv preferred
Lehman Corp (The)
/Lehn & Fink Prod Corp
Corp
Owens Ford Glass
5
Feb
No par
7
;
9
19
Feb
3
21 % Jan
10
17
Jan
Sep
Aug
10%
Dec
7%
•83
10
105
19%
127
Jan
Apr
29%, Apr
fir"-
17
Sep
104
Jan
4
19 %
Nov
Jan
25
13% Jan
26
14
Jan
Jan
21
113
Jan
112
11%
Jan
103%
Jan
17
20
Feb
115
Dec
14%
Jan
24
Va May
•V 8%
Jan
16% May
C
- r*
Jan
102
19
32 V8 Jan
5
28%
20% Jan
22
15%
Jan
.V Jan
4
33
Jan
26
25
Jan
4% Jan
19% Jan
32
4
17
113
Jan
7
Feb
30
35%
,V<
Sep
Apr
Apr
20% July
:
34
July
17
5% Jan
6
1%
Jan
6% July
V 54 Va Jan 28
58% Jan
5
34%
Jan
58% July
11
23 Vb Jan
3
18%
Jan
24%
Sep
10 %
Apr
22 '
j
Feb
6% Jan
01 U,
Feb
28
B
33
.Ian
2%:
9
30% Jan
25
27% Jan
Jan -11
13
Jan
17
5
Jan
23 Va
V
Jan
24%
Feb
9'/a
Jan
-
32% Sep
32% Nov
16% May
11
14
66% Jan
10
29'/a Jan
38 % Jan
19
3
19% Feb
41% Jan
Jan
3
11 Va
Jan
20%
24
Jan
32
14%
Jan
22%
Feb
No par
' Libbv McNeill & Libby__—
Life Savers Corp
Jan
102
Jan
Dec
5V<
6
Jan
50
_1
—5
121
11
14 Vb Jan
11
._
■' Libbey
30V« Feb
62
No par
(The)
Stores
4
21
100
Lane Bryant
No par
Lee Rubber & Tire
5
Lehigh Coal & Navigation Co-No par
Lehigh Portland Cement
—25
4% conv preferred
!
100
Lehigh Valley RR
„50
Lehigh Valley Coal
No par
Lerner
19% Jan
13% Jan
100
preferred—
Lambert Co
10
1
No par
Laclede Gas Lt Co St Louis
440
27%
*11 %
1
par
No par
Kroger Grocery & Bak
11%
__1
,"_No
& Co—
Kress
63
8%
(S H)
2,000
11%
17%
(S S)
29 v4 '/:•
64
*38%
A
32%
•■,;•
5
17
123% Jan
pfd_100
—
29
11%
27%
pt pfd
29
62%
12
Co $6
Co—
Kresge Dept Stores—.
Kresge
3,700
.
'
...'.
——
Keystone Steel & Wire CO—-No par
Kimberly-Clark Corp
-No par
Kinney (G R) Co
1
v
$5 prior preferred
>_No par
900
r
33
4%
preferred
Kennecott Copper—
43,700
20%
56:!'4
4%.,
conv
Kelsey Hayes Wh'l conv cl A
•. .Glass
B—
'
;
1,000
.
30%
56%
*4%
,.*56
22%
"500
1
11.6
*112
30%
'
*32%
.
13%
/
.
'
20
4%
56%
20V4
—1
100
Dept Stores—
Kayser (Julius) & Co
Keith.-Albee-Orpheum conv
; V
18%
112 V'a
13%
116
301, a
20
18 VB
*110
5%
150
—No par
preferred—100
City Southern
non-cum
Kaufmann
200
103 %•,,.,•
:'*20
4%
16,700
f
.
10
Furn
City P & L pf ser B—No par
Kansas
29,800
9 Va
13%
103%
*
Kan
L-
30%
*13
18',8
20
112
;
30%
r
8%
'
,'V
112%
*13! a
13%
116
*32%
32%
4%
57%
*17 Va
18%
*19 %
\
13%
104 VB
105
18%
116
*123%
Kalamazoo Stove &
800
17 %
28%
8%
20 Va
17%
,
28 Vb
112%
20%
32%
*6%
!
*13
13%
*18
57
Va
"9 w
"29
*110
*32%
8
*123%
18%
20%
*19%
*4%
•
*13
'i-r'17 '■
17 V4
17 V4
,
112%
19%
*-
8%
26
...
104
57
4%
,
*123%
13%
.104
17
17
26
19%
32%
*
56%
8
25
30%
20 VB
*32%
'-.1 ■':>
*13%
30 V4
30%
*19%
17 V4
*123%
*123 Va
23%
.
*17
'
27% Feb
17% Jan
35
Jan
73
6
17%
Jan
29%
Jun
2
11%
Jan
19%
Jun
Jan
"7
4 % Jan
3
6% Feb
1 % Jan
15% Feb
29
1% Jan
10
1
31
5
10
5
4
18
Jan
5
29% Jan
4
31% Feb
8
22 Vb Jan
113
18% Jan
36% Feb
42
Jan
6
5
4
3
6% Jan
3
Jan
8
39
9 Va
Feb
24% Jan
116
Feb
2
19 Vb Jan 27
26%
Jan
39%
Oct
Oct
Dec
9
Dec
Jan
29
July
107%
Jan
120
July
2%
Jan
8%
i 20
].r Jan
8 % May
2%
Jun
Jun
July
Jun
38 %J«n
11
23%
Jan
38%
Dec
Jan
24
31
Jan
43%
Dec
7% Jan
6
5
Jan
8%
Jun
Jan
24
30
Jan
46
41
41
July
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number" 425S
159
651
NEW YORK STOCK RECORD
AND
LOW
Monday
Saturday
71%
73
♦26
26%
38%
•39%
*36%
38
*
18 %
19
22%
22%
*
15%-
38%
38
*36%
71%
175%
38%
58%
58%
45 Va
*37
37%
37%
9%
*18%
19 Va
*18%
21%
"22%
22%
21%
15%
58%
28%
28%
18%
18%
*155
58%
'
58%
10
15%
18 Va 418
*155,
156
18
'4
157
200
'39%
2,000
46
18%
900
Liquid Carbonic Corp—
16%
18,400
58%
2,500
:
46
28%
17%
18
157
*155
157
18 Va
17%
18%
18%
156
/:
*156
156
.
21%
*21%.
21%
21%
21%
21%
21%
75%
75%-
78%
77%
78
78
78%:
78V4
•
27%
*27
*27%
27%
:
34%
34%
%
14%
34'%'
28%
28 Va
28%
14%
*14%
v%34%:
34%
14%
*16
1
16%
14%
Lorillard
157%;
21%
79 '4
80
7%
40
•
preferred—
Louisville Gas & El A
GOO
No
Louisville & Nashville.—-
3,300
23% Jan
20
15%
Ja&
21%
16% Feb
60% Jan
11
12%
Nov
25% Mar
6
42'4
Jan
47
64'/a July
51% Jan
Jan
Jan
21
37%
Jan
3
10% Feb
10
6%
Nov
3
29% Jan
11
18Va
Jan
31
Oct
5
18% Jan
17
16'4
Oct
21%
Jun
Feb
3
148%
Jan
163% July
"V 21% Jan 11
15%
Jan
22% July
79% Feb
59%
Jan
79
July
29
May
Jan
5
-
69% Jan
16
300
10
6%
1.200
Mack
28%
28%
28%
28%
1,400
Macy (R H)
14%
15
*14%
15%
1,600
Madison Square Garden— —No par
16%
700
400
*325
7%
7%
W; 7%
7%
*10%
11%
*10%
11 Va
19'4
19%
*18%
19%
*18%
19 %
2%
2%
2%
19
*2%
*2 Va
2%
6%
15%
13%
14'4
■
17'4
*17%
.
13%
13%
2%
6%
6%
14%
157
3
10
5%
39%
17%
.
*27
*27
28%
21 %
21%
53 '4
*172■
<
13%
14
17%
17 '/a
17%
5%
5%
5%
39 %
40
27%
*26%
5
5
*33 'A
*33 V*
35
*107
21%:;
*16%
4%
4%
22%
28%
*28%
14%
*14'4.
*98%
14 Va
•
200
500
17
109%
•
.
29
14%
14 Va
49 Va
;
'
29
14%
22%
22%
22%
23%
23%
23%/
98%
98%
98 Vs
*98%
98%
98'4
98%
10%
10%
10%
*10%
10%
30%
10%
10
10%
2,100
112%
112 Va
112%
112 Va
8%
8%
8'A
8%
*84%
76
76
*76-
32%
32%
32%
86
*84%
86
*84 %
77
86:
75%
32%
86
Jan
15'4
17
Jan
5
315
Jan 21
% 8% Jan
8
15
Nov
315
Nov
14
———10
—50
1
No
(Glenn
Alkali
*76
4.300
3%
Jan
7
10% Jan
19
6'4
Jan
12
Sep
19% Jan
5
14%
Jan
19%
Apr
19
2% Jan
12
1%
Jan
5.,.
•
1
3
17% Feb
3%
7
Wks—No
6% Jan 22
40
Jan 21
/
Jan
25
20% Feb
8
5%
35'%
110
22
17
*112%' 113%
*8%
*84 V2
86
McLehan
6%
60
8%
par
———v.
--
———1
—
Co
10
$6
19%
32%
32%
77
76
76
32%
32%
32 Va
32
32%
32%
9%
-39%
39%
$5.50
90
-1
No par
No par
—1
(The)—
——1
1st preferred
50
•
8%
8%
9%
40%
39%
40
39%
39%
*26%
27%,
27%
27%
*26%
27%
*26
27%
29
*28
28%
*28
28%
400
9 Va
28%
*26
28
28%
*28
6'4
8%
40%
28
41-
41
*26
.
28%-
28%
•
-.
!4
»/
6%
25'4
*6
25%
•
,' 24%'
6'4
24%
8%
41
8%
9'4
9
*40'4
*28
29
28
121
121
*120
121
•
6%
73%
73
73
*107
108
*107
108
112
*110
112
*110
72%
72%
6%
6%
6%
1,100
Miami
6,700
Mid-.Continent
Petroleum—
100
Midland
Products
130
8%
*27 Va
28
*73%
75
73%
*107
112
7
.
*103%
7%
*95%
97
18
18%
17%
18 Va
18'/«
18%
2%
2%
2%
2%
2%
2%
Jan
50%
Apr
14 Va
Jan
25%
Jun
6 Va
Jan
11%
"
11%
11%
11%
11%
30%
30%
30%
*30%
30%
77%
78
78
*78
79
'
79
*112%
115
*112%
117%
*116
117
*110
112
*110
x77%
115
*116
16%
36
24%
*16%-
16%
*4%
4%
•
*71%
21%
-
*109%
24%
*36
'
42%
43 Va
43%
*36'
24%
38%
100
C 24%
•
25%
7,580
17% '
17%
18%
18
18%
IS'I-C:
,
27%
*27
28%
27
27%
434
4%
*4%
4%
73%
73%
*21%
21%
4%
*73
72%
:
75%
*21%
•75%
21%
70
n
1?
11%
11%
11%
30%
31%
31%
31%
15%
15%
9%
93a
15%
9%
*70
*70
'
47/a
V*4%
/
•'/■
75
.
5
■S
/.
67%
Jan
89
60
Jan
27
Feb
78% Sep
34% July
12% July
41'% Jan 25
29% Jan
5
25
Jan
23%
Sep
32% Mar
29'% Jan
26
Jan
34%
Apr
Apr
Munsingwear inc
Murphy Co (G C)
115
9
*114%
9
70%
*45 %
4%%
160
9 %
9%
47
*45%
115
115
9
700
72%
71%
115
9
47
*45'4.
47
70'4
preferred
100
5%
Jan
Jan
30%
5
20 '/a
Jan
31%
3
81
58
Feb
107
July
76% May
Feb
64%
113%
Feb
Jan
3
110
Nov
.
8%
Jun
Jan
98
13%
Jan
25
%
Jan
Apr
3%
July
July
3% Mar
Jan
24
14
4
5
7
1
11%
Apr
17%
Jan
30%
Nov
75%
18
Jan
Sep
Jun
128
Dec
92 Va
Jun
113
Dec
119
116%
Dec
121
106%
Nov
114 %
33 %•
Jan
31%
Jan
Mar
Apr
50
Aug
July
39%
Oct
Jan
27%
Jun
17
17
9'4
Jan
17
Jun
11 Va
Jan
18%
18
21%
Jan
31
Mar
4^.'% 5% Jan 21
2%
Jan
7
Jun
53
Jan
77
Jun
15
Jan
23%
62
Apr
111
July
4.
4
—1
4% Jan
29
.
13
74'% Jan 22
21% Jan 29
76
Jan
6
115
Feb 11
Jan
3
Jan 17
Feb 10
Jan 13
% 87/8 Jan
43% Jan
Jan
117
Jan
117'% Jan
110% Feb
,47'% Jan
36
Feb
26% Feb
18'4 Jan
18% Jan
Jan 31
Jan 27
106'/a. Jan
107
—
4
3
July
9%
18%
Jan
Jan
3
7
72
20%
70%
112%
5
Jan
15% Jan
16% Jan
Murray Corp of America—10
Myers (F E) & Bro
——No par
1,900
47
-
.
5
3 \l
2114 Jan
No par
No par
—No par
100
$7 preferred
30
.
•
Feb
42
4
122
Jan 22
j 7 5 % J an 12
10$
Jan 7
19
13
Jan
:!/
?7% Jan
7% Feb. 9
97
Feb
8
19% Jan 10
2% Jan
5
11% Feb
8
32
Jan 25
Jan
Jan
Feb
26% Jan
Mulling Mfg Co class B—
21%
*21%
/
———
1
Co
17
Jan
29'% Jan
;
13
No par
5
Corp
Mueller
4%
6% Jan
4
107'% Jan
5
42% Feb 10
35% Jan 11
50
200
-
74'
*73
21%
*21%
71 Va
; *114%
9
*45 %'
4 t'o
■
115
—
Motor
Brass
,
115
par
No par
No par
No par
Motor Products Corp—
Wheel
77
No
;
400
•'
'
115
Q
47
*45 Va
.
73
*114%
Va U4.Va
8% wmm
-
17%
17
& Essex
Morris
6%
', 93'%
17%
2%
8'4
29
No par
B
series
•
Jan
8
Feb
76
116'% Jan
4
71 % J an 26
"107% Jan ,28
—
Sep
115'4 Aug
10% Apr
Feb
6
34% Jan
7
.10% Jan 20
r 9
27'/a Jan
.
101
112'% Feb
9
9'% Jan 15
86
Jan 25
9
3
4
24% Feb'
..10
.
preferred-
1,400
18%
27'/a
16%
Co_
2,000
17%
18%
27%
Chemical
$4 preferred series C
Montgomery Ward & Co
Morrell (John) & Co
10,600
.
-100
-20
Mills—
Carpet
Preferred
80
110
42%
38%
24 Va
24%::
*109
;
43%
*36
38%
'
24%
•
110%
110
112
42%
—No par
preferred series A—
$4.50
'
18%
46'4
46'4
——1
No par
-—10
Corp
Monsanto
"
16%
21%
9
9
preferred--,
Mohawk
1,400
117
18%
114
115
115
*116
16%
*70
73 '■///•-
*70
*112%
117
*26%
»21Va
;
115
*116
18
*71
73%'
*21
*112%
117
7%
54,100
;
900
28
*4%
•
115
38%
24%
16%
*26%
28
*112 Va
43 %
*36
25%
18
18
18
*26%
42 7'8
11%
,
*116
-
112
*109%
43 Va
36
77 Va
77%
112
43
25
Mo-Kan-Texas RR—
10%
79
43'4
Mission
9,300
30%
117%
38%
$6.50
1,200
2%
11%
115
-
•
30 V8
*78
24%
100
18 V*
97
:
■■
30%
*113
43%
;
27% Feb
.100
preferred series C
Minn Moline Power Impl—
17,600
11 '4
,30'/a
*116
*35%
4%%
2%
*18
100
Sep
.138%
Jan
3
Jan 22
8 Va Jan : 4
37 : Jan v4
par
preferred
'
2%
11%
11%
78
10
r0i
1st
cum
16% May
3
4
70
—.10
-No
r
30
.
Steel
Oct
29
Jan
19
~*32
Copper-——i—-5
Minn-Honeywell Regu
—No par
A% conv pfd series B——100
1,300
7
*95%
97/
18'4
11
;>7 &
//'
98
97%
2%
30%
74%
112
18'4
10'4
.
108
*109%
*95%
■
*30'4
73 V)
*107
7%
98
*96
•74%
112
2%
17%
121
108
108
108
*110
28
121
121 i/4
121
121%
*27
28
113%
Jan
8'/a
25
3
6%
25%
Jan
19'4
Jan
' 634 Jan
6%
Sep
22% Aug
17% Sep
Jan
104
——
52
3
24%
110
Jan
11%
23% Jan
Jan
25%
Feb
.
12%
98% Feb
10% Jan
27
'6%
17%
97
*95'4
conv
Sep
7% May
Oct
,36
3
Merch & Min Trans Co—No par
Mesta Machine Co——,
5
100
6 3n
108
6%
5%
140
25 Va
112
,
6%
6%
121%
73 %
*107
♦110
*27%
121 Va
121%
Mengel Co
1,800
•
6%
25
28
'
9%
25%
6%
6%
25
*27%
28.
*28
28%
24%
8%
Aug
60
Jan
21%
100
Mar
176
;
14
112'% Feb
8
Jan
82
Jan
pfd ser B w w
Melville Shoe Corp
1,400
27%
Jan
Jan
2V2 Jan
Jan
5
Jan 12
Jan
3
Jan 25
Jan
4
'
78
*74'%
NOV
•
37
Jun
July
:
Jan
48
100
No par
preferred series A
11
7%
43% July
32
98% Feb ( 9
10
Feb 11
par
———
preferred
conv
Jan
Apr
22'% Jan
5
No
—
Stores
14% Feb
18
Inc
Robbins
May
165
29% Jan
5
15% Jan .21
28'% Jan 28
.
No par
Mead Corp
600
86
&
preferred
24
6% July
18%
31% May
22
Jan
28% Jan/ 27
-
4% Feb
7
32% Feb
9
107
Jan 21
19% Jan
5
16
Jan 13
54
July
Dec
3%
11
Xl7
6
16% Jan
Jan
Jan
10
14% Jan
Jan
14 %
16'% Feb
27
27
4% July
9%
5
5
13%:Jan
——.No
V
Jun
9
6% Jan
12'% Jan
6'% Jan
8%
3'%
3
100
Co
:
v
22% Jan 14
175
Jan 24
55% Jan
5
McKesson
Mar
12
19
No par
—1
prior pfd
L)
Dec
24% Mar
320
Jan
10% Jan
par
25
Ry 6%
Jan
2'% Jan
Co__
173
Jan 18
52% Feb
4
900
8%
10
Mclntyre Porcupine Mines
*49%
22%
113
3
500
50
50
49%
49%
8%
Jan
McGraw-Hill Pub Co.._
98%
*112%
15
McGraw Elec Co
49%
8'4
Jan 12
16
Jan 13
315
Jan 21
7'A Jan 17
500
*22%
113
30% July
200
/:
22%
*74%.
86
/
1,500
98%
8!4
Jan
Maytag Co—
.-No par
$3 preferred
...A'o par
S6 1st cum preferred——No par
McCall Corp-2—*
McCrory Stores Corp
:
—1
-5% conv preferred WW——100
2,300
48%
*112%
8'4
19%
1% preferred—100
May Department Stores——10
600
98%
10%
113
8
Field & Co—
Mathieson
1,300
14%
29
49%
10%
Jan
4% Jan
22%
98%
10%
*28%
*
29
*14%
■
29
20%
"
28%
14%
49
Jun
3
14
38 Va Jan
21%:
*105
Nov
37%
par
33%
16%
109%
*105
109%
*105
16%
138%
Jan
Martin-Parry Corp-
110
,*21
21'/a
July
28
Masonite Corp—
No par
Master Elec Co-—/.I
100
4%
*107
110
16%
48%
49
22%
-
.
21%
.
17
17
109%
*107
21%
133
5
.1,200
55
*31
32%
*30%
33%
110
28%
28%-
15
*83
4%
*14'4
28%
*14
*8 •/-.-
4%
21%
16%
*109
54%
32%
21%
16%
111'4
*109
111'4
28%
16%
53%
1.7
Jan
4,900
.
21
*52%
St
Martin
175
53%
*107
110
21%
21
Market
Marshall
27%
*172
175
*172
175
4%
33%
*107
21%
,
53%
5
*33%
33%
21%
16%>
16%
4%
110
\
21%
*172
53%
53%
5
4%
.110
*21:
53%
53%
53%
*21 Va
21%
175
Jan
36
Bros—
5,100
5
39'/a
27%. :: 27%
21%
21%
Sugar
3,300
17%
39%
5%
*26%
27%
20%
6,700
40
5%
39%
138
27
Maracaibo Oil Exploration
Marine Midland Corp
13,960
-'/i4,%<:
•
1
9
34'% Jan
27'% Jan
Manhattan Shirt
1,200
•
6%
15%
■
400
16'%
17%
5%
*172
175
6 Va
14
39%
*26 Va
28
21%
*21%
;
175
0
'
6%
16%
5%
:
40
39 Va
-
2%
G'/a
39%
5%
5%'
-
*2%
13%
27% Feb
135'4 Feb
—No
Copper
Mandel
2%
16%
26'4 Jan
100
par
*
Co Inc„—No par
Manati
2,000
19%
6%
17%
17%
Magma
11
*18%
16%
13%
13%'
17%
17%
-
7%
*10%
19'.4
*2%
'
5%
39%
*114%
11'4 May
Forbes———10
&
preferredTrucks Inc
Mahoning Coal RR Co
11
6%
15%
14%
7%
7%
MacAndrews
400
19 J%
*10 Va
•
15%
6 Va
14%
6%
6%
15
2%
*325
400
7%
7%
*16
16%
16%
11%
y,
"135%
*325
7%
.
27
y
*135%
16%
*16
400
*325
*27
34--a
*10%
2%
Jun
Jan
20% Jan 12
par >;
—100
28 Va
■
14%
'
-
13
151
27%
7%
*112'%
July
21% July
28
100
—
34%
*19
■•/
——-—10
(P)
■'34%
U'4
:
*109
May
43
Jan
8% Jan
25
14%
28%
28%
14%
16
•
'■ 400
*325
34%
28
■
16
16
400
7%
*107
44
Jan
12'%
17% Jan
..
—No par
34%
34%
V
*10%
*
Jan.
34'4
4
3
Corp_——No par
34 %
^27^:;
27 Va
27%.
135% 135 %
27%
138
*135
*135
*172
24
21
44
'J
*27
.
Aug
28% May
24
3
Co—%
Jan
Jan
40
28
Biscuit-,.
Jun
22%
20'% Jan
15% Jan
Cement
July
4
Jan
-
58'% Jan
Long Bell Lumber A
182 %
18% Feb
'
,
—1
Lone Star
73%
Dec
m
*135
*325
6
3
40% Jan
3
Nov
171
25
71
19%.Jan
No par
No par
jwr
Loose-Wiles
600
7,800
21%
21%
79%
21%
75%
28
38'4 Jan
37
Jan
27% Jan
3
y
Loew's Inc
11,600
:
28%
31
178
;/
Lockheed Aircraft Corp
i 1,500
10% .10%
10%
28
21%
4
—No par
No par
22%
45%
10
28%
Lima Locomotive Wks
16'/b
46
45%
10%
26% Feb
58%
58%
28%
*—No par
Lily Tulip Cup Corp
Link BeltiCo
19
22
9%
4
8
Lion Oil Refining Co
16%
16
3
Dec
62'4
73% Jan
67'% Jan
174% Jan
I per share
62
31
72
Uighett
f per share
Jan
3
25
—--.a—
100
37%
68'4Jan
100
a
Preferred
80
400
37
*18%
22
58%
B
Series
2,900
;
.
Year 1943
Lowest
Highest
$ per share
'
*155
:
27%
.
28%
9%
28 3
19
22
58%
45
45
28%
,
16 Va
58%
16%
9%
.
28%
*28%
-
38%
38 Va
59
45
45
9%
27%
37%
19%
16'4
45%
*9 %
71'%
39
37
Range since January 1
Lowest
t per share
Liggett & Myers. Tobacco——,—25
600
39 Va
38%
'
•
28
*26%
70%
174%
•
STOCK
YORK
EXCHANGE
Par
71%
28
NEW
Shares
174%
72
175%
*26
37
22'4
15%
72%
175%
28
*18'A
19
22 W
15%
72 Va
38%
;•
,
19
,
*26
26%
38"2
27%
*69%
71,%
*174%
72%
175
175
175%
*175
-
72 %
73
72%
175%
,
71
72
*70%
72
for
the Week
$ per share
$ per share
S per snare
Sales
Feb. 11
Feb. 10
Feb. 9
^
per share
72
72
;;•%:■ 71%
73
♦175
s
S per shore
per share
♦70%
■V
Feb. 7
Feb. 5
-
$
Feb. 8
Friday
Thursday
Wednesday
:!.
•
STOCKS
SALE PRICES
HIGH
Tuesday
?
9% Jan 15
47% Jan 17
3
5
5%
Jun
79%
Sep
117
Aug
",11% July
Jan
34'/a
•;
Apr
Jan
44
Feb
N
'
11%
'
.;
U
i-;:
"is
11;
*8^
11%
11%
31%
32
15%
15%
9%
11%
*10%
11
H
11%
)r%.
10%
21%
21
173 %
*168
:
173%
*168
,
'
:
•
,
J
/
9%
9'A
11 Va
11%
11%
10%
10%
21%
170
19%
19%
*18%
19'/8
*18%
*18%
19Va
*18 Va
8%
8%
83a
8%
8%
8%
*8%
8%
8 %
*29%,
29%
29%
29%
29%
29%
29%
29%
29%
29%
*12%
12%
12%'
12%
12%
12%
13
13%
12
9
•
:
30%
27
27
20
19%.
■'-//•'
11%
11%
11%
20%
20%
14"
14
*11%
27
9%
91'4
20%
20%
/
*167
168
*167
167%
*167
145
*144
145
*144
19
29%
29%
19%
145
19
*91
168
145
712%
12
20'/a
*167
;.
167%
*144
145
19%
18%
19
19
19
29%
29%
29%
29%
u
26%
*26'4
9'A
9'/a
.
:
92v
92
19%
,
20%
*167
167% /
144
19
5%
5%
5%
5%
58%
58%
58%
59
12%
12
12'A
26
25%
26 Va
81
81
81
12%"
12%
12%
26%
27
27
80%
"
.
81
80%
'
167
$4.50 conv
70
'a-;1 ;/ 1
--
60
-■//%
144
19%
500
;
National
6
7,700
National Power 81 Lt
59
2,500
National
12%
27%
*85%
•
81
86
$2
4,800
/'
860
85
*84
84
84 '
.-.v.:
85
85
.
85%
85%
85 Va
6%
160
'
*5%
:•
5%
.>;<■
•••.;/'
5%'
5%
.
';?•;// *5%
5%
'
V:
5%
5%
*5%
5%
9%
9%
9%
14%
14%
'
•:
9'A
*9
14'A
14%
9'A
*9%
14%
:*9% :/
14 %'
/ "/
14%
9'A
*23
♦22%
24
*23
24
*96'A
98%
*96'A
98%
,
/'9'/a
14%
15
24
*98
101
15
*23
24
*98
101
"
*56%
♦108%
57
57%
*1*9%
110
29
17%
100%
For
57%
110
*56
108%
57%
108%
57
*108%
15
23%
101
57
110
*22%
v
*98
*56
*108%
9 %
57%
29
28%
29
28%
28%
28'A
28%
28
1,000
17%
17%
17%
17%
17 Vn
17%
17 Va
17%
14%
14%
15
14%
14%
14%
15 Va
X14'A
14%
100%
100 Va
10
28%
17%
*100
footnotes
——
110
14%
■
•
see
100'/a
page
655.
*100
100%
OO
101
"100%
101
4.300
.
4% %
conv
Newberry Co
5%
4
-
18
5'A
Jan
20
8%
Feb
8 Va
Jan
15%
Jan
% Feb
Jan
18
168
Jan
18'4 Jan
8'4 Jan
5
170
Jan
29
18
20
Feb
3
9Vs Jan
12
•
3
; 2814 Jan
6
12'4 Jan 17
xU '4 Feb 11
Newmont Mining Corp
1
1
Npwnort Industries
preferred
No par
162
Apr
11'A July
:%
.
23
Jan
3
18%
Sep
21%
Jun
10 Va
Jan
10%
July
176
Jan
24
.,
Sepv
29%
Nov
29 % Feb
Feb
12'% July
13% July
A
16% Nov
5'A
1%
Dec
12 % Jan
5
9%
Jan
19!% Jan
3
20% Jan
11
14%
Jan
21% July
13 'A Jan
29
14 % Jan
6
6%
Jan
11% Jan
5
11% Jan
6
9'A Mar
30'4 Feb
26
Jan
;
3
32% Jan
7
x25 'A
Jan
17%
Jan
Jan
11'A
Jun
92'/a Jan
24
70%
Jan
90%
Nov
20%
Dec,
25
Feb
5
: 87'4 Jan 11«
'
9
Jan
7
Jan 13
141 ;■ Jan 18
18% Jan
6
29
Jan
4
5% Feb
7
57% Feb.; 5
5Va Jan
3
9'% Jan
8
13% Jan
3
29
Jan
4
96% Jan 12
56Jan
4
108% Feb
9
28
Jan 19
16% Jan 12
13'4 Jan
97
Jan
13
:
6
Newport News Ship & Dry Dock—1
7
•
13% Aug
14% May
83'/2Jan
No par
100
10
11% Jan
] 1
100
I
(J J)-
3
8
4
8
4
serial preferred—100
preferred series A
$5 conv
10% Jan
Jan
11% Feb
25% Feb
79'4 Feb,
4,300
200
19%
,_10
40
100
2,200
•
i.
•
No par
No par
—
Nelsher Bros Inc
23%
101
31
Dec
19
No par
Nehi Corp
3,000
15% Jan
13
166
No par
—
Natomas Co
800
;
(The) Pa_
preferred
preferred—
prior preferred
i
prior
National Tea Co
500
•
15
17%
14%
100%
56%
*108%
*98
*9%
5%
29
29
17%
14%
57
DO
*22'/a
5%
No par
-25
conv
5%%
Apr
22
par
No par
Corp—
National Supply
8,100
/
•
28
80%
'
*83
& St'l Cast Co
58%
12%
12%,
27%
80%
40%
100
100
Oil Products Co_
Steel
Jan
10
5%
?■■■:■
.-,
preferred A
preferred B—
Nat Mall
1.500
30%
-'..7%
6%
60
par
—1
preferred
23%
4
3
Stamping——No par
National Lead Co
7,200
19'/a
6
58%
167
/•■
*29%
30'/8
5%
20
*142%
19
*29%
58%
12'A
*80%
V
:
144
92
19%
.
Jun
10
31
—-—10
National Gypsum Co
15%
34% Feb
10% Jan
.././% 9% Jan
20% Jan
No par
preferred—-
Nat Enam &
2.200
>
<— No
-
Nat Distillers Products——No
200
9%
*90%'
A- /
•
26%
Dairy Products
6%
100
3,100
'*
1
National Dept Stores—
11%
5%
26
:<
80%
Nat
30%
•
1
Cylinder Gas Co
National
30%
9%
No par
1.700
*11%
1C
—
Nat Cash Register
Jan
5
13% Jan
Corp—No par
4.400
r!4 '
11%
*26
& Share
2,100
11%
20'% %20%
'
-—;—100
Can Corp
6%
Jan
9
:-10
National Container——;—
600
30%
58%
5%
Xll%
'13%
Corp—-
Co
preferred-
National
7,100
7
30%
9'A
92%
13
7%
Nov
5
28
10
—5
preferred—-
Biscuit
Nat Bond
500
2,400
.,/11%
26'4
v
29%
58%
25%
80
>•/
19'A
58'A
25%
'
30%
29%
J
6
6
577/a
9V»
,
91%:
20
19%
12
30%
26'A
r" /
29%
13
20%
14%
National
Aviation
National
8,200
8%
29%
•
11%
20%
31#
.
8%
conv
2,300
18%"
18'%
,
13
14;.'/•
92%
*91!4
*91%- •92%
9%
/ ;
*12%
] 4 1.4
12
*26
9%
9'/a
■
9'/a
r
*11%'
31
28
*27
/.'
14%
30%
30%
30%
11%
'
13
19
20%
20%
l4/'/''%
/•
*11%
12
*11%
13%
"
11%
20%
20 Va
.
V'/
11%
11%
11%
-20%
13%
'j
.;
6%
GOO
>
11
21%
170 7$
*'165
8%
20%
11%
10%
21%
19 %
*11%
Nat Automotive Fiures lnc„
Acme
%
12% Jan
1
Co-
National
'
10
3
% Jan 19
100
_1
Louis
2,400
21
*165
St.
3,500
10%
170
&
9%
21%
*166
Chatt
15%
10%
'/a
Nashville
1.300
>
9%
21%
171
34
% Jan
11% Feb
—No par
—-5
15%
15%'
Xl5%
:
11"
xll
21%
168
1
9%
21%
33%
33%
9%
10%
34%
33%
15%
11
15,500
11%
9%
21%
11%
11% .11%
11%
15%
11
u%
Nabco Liquidating Co
Nash-Kelvinator Corp
300
1,1
9%
It
*%
lit
4
15%
21%
*10%
;•■3
V!
31%
-
12
11%
f
3
5
Jan
27% Feb
10
6
Jan
15%
Sep
12
Dec
36
Dec
29%
Sep
20% Feb
3
14
Jan
168% Jan
3
160
Jan
178 Va July
Feb
4
137
Jan
150
Jun
19% Jan
24
14%
Jan
22
May
30% Jan
11
27
Nov
36
Jan
145
6 Va Jan
5
60% Jan
7
13'4 Jan
5
28
Feb
11
84
Jan
2%
52
Jan
V.
"
7'A
Jun
Jan
64% July
5%
Jan
15% May
14%
Jan
28%
Jun
13
57
Jan
80'A
Jun
87% Jan
24
62
Jan
88
Jun
6% Jan
7
_
.
10 Va Jan
14
15% Jan
6
2%
Jan
6
Jan
9 Va
Jan
7% May
10 '4
v
•
Jan
25'/2
Oit
Nov
24% Fob
1
96 % Jan
12
74%
Jan
98'%
58'4 Jan
25
37
Jan
57%
Jan
22
30% Jan
8
110
Apr
19% July
16
106% Mar
26%
10%
Jan
Jan
12
Dec
94%
Nov
114
37%
19%
Sep
Aug
Apr
Oct
21% Mar
102
May
Monday, February 14, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
S
\
Jan.31
Jan.29
$
per share
'
%
21%
69%
71%
69%
25 Va
*24%
25 Va
*24%
25%
12%
*11%
12%
*11%
12%
*30
32
*141
150
21
'
21
70%
70%
*24%
*11%
*30
33
*30
33
»13o
145
*140
150
59'A
58%
59 %
58%
»%
%
*%
15%
15%
*
%
15%
15%
35%
191%
: 190%
190%
*53
54
52%
*112% 113%
15%
15%
15%
35 Va
36%
*34%
36 %
191 %
193
122
120%
120%
120 %
120%
16%
17%
17%
1774
53%
53%
*53%
54%
*53%
54 V»
*53%
54 %
*52%
52%
*52%
52%
52%
52%
5274
5274
101
*100%
101
14%
14%
113%
11374:
113%
113%
*11274
*18%
18%
*18%
1874
18%
1874
38%
39%
*3874
39%
*3874
*38%
39%
5Va
574
5%
5%
5%
*113
18%
>38%
*38%
5Va
'
f
5%
■
*40 %
1774
1774
1774
1774
45%
46 Va
45
45
10%
10%
10
10%
15%
43
18
17%
47
10%
1474
Jan
26
May
Dec
1174 Jan
27
13
Jan
19
674
Jan
13
22
31% Jan
27
16%
Jan
3274
Feb
10
63 %
Jan
132
5974 Feb
3
28'A
Jan
54
%
Jan
1274
Nov
23
Jan
150
129
Jan
19
52
Jan
3
% Jan
Va Jan
Feb
16
14% Jan
36% Jan
33% Jan
183% Jan
195
Feb
Jan
122
Feb
113
120
17% Feb
11
53% Jan
3
49 Va
5174 Jan
5274 Jan
22
4874
8% Jan
9'/a Jan
20
Jan
31
No par
17% Jan
15
19% Feb
50
37% Feb
Lines
Air
Telegraph
112
38
Nov
1874 July
56'A
Jun
Jan
56
Jun
Nov
1474
Apr
101
9174 Jan
Dec
Jan
107
1874 May
Jan
774
1167a July
Jan
23% July
Jan
x3%' Jan
15V8
41% Aug
6
July
31
11
45
-36
1
40'A Jan
15
3
5% Jan
25
40'A Jan
12
42'/a Jan
24
13% Jan
'4
Jan
27
1774 Feb
8
16
July
122
Jan
8
4 % Jan
No par
Preferred —.—50 •
2.50
■■
101
Jan
100
Norwich Pharmacal Co
267s May
9% Jan
10
Dec
Deo
192 '/a July
Jan
Jan 26
1574 Jan
52
Dec
•
174 Mar
162% Jan
12
15
•15
4
113% Jan
42
147a
43
15
July
7474 July
12
Norwalk Tire & Rubber
5
14%
>40 Va
♦40%
15
*40%
May
2 6 74
Jan
11
Northwest
*40%
43
15%
20
Jan
31%
Jan
Northwestern
14%
43
Jan
11-
2
15% Feb
19%
1474
*40%
*40%
*15
■1074
11
xl3'A Jan
39%
5
5%
5Va
5%
11374
,
19
>3874
24
Feb
30 Va Jan
Co——50
Northern Central Ry
1574
15%
15%
3
—1
American Aviation
North
44'A May
73% Feb
Northern Pacific Ry
100
Northern States Pow $5 pfd_No par
101
*100%
101
1474
14%
1474
1474
*112%
•100V4
9%
874 /
8%
8%
8%
8%
8%
8%
*100%
Highest
t per share
25% Feb
v.
3
24 Va Jan
Industries-—5
Norfolk & Western Ry__
100
Adjust 4% non-cum pfd
100
North American Co.——.————.10
6% preferred series
50
6% % preferred series
-50
120%;,
>120
16%,
>
Jan
27%
23
4
Jan
62
17
1774 Jan
4
1974 Jan
Noblitt-Sparks
195
194
16%
18%
38%
5%
5%
15
16%
113%;
*18
39%
*38
15%
15%
35%
192
14%
*112%
18%
15%
190
8%
14%
14%
74
74
%
*120%
101
*100%
14%
*18%
5974
59%
16%
8%
8%
149
53%
52
101
33
"149
35%
100
38% Jan
3
1574 Jan
100
6% preferred series A
100
N Y City Omnibus Corp
.No par
New York Dock
No par
$5 non-cum preferred——No par
N Y & Harlem RR Co——
—«0
N Y Lack & West Ry Co__
100
IN Y Ontario & Western
100
N Y Sliipbldg Corp part stk——1
12%
*30%
No par
N Y Chic & St. Louis Co
3,300
7,100
25%
192
%
16
53%
*51%
*8%
• ■
191 'A
'
122
:
16%
*100%
71%
52%
16%
16%
Central
36% Feb
Air Brake—.——No par
New York
*11%
15%
*34%
191'A
*120%
122
*120%
New York
50,200
*25
35
15%
35
*34%
*35
$
59%
%
400
1774
23
70%
70%
21%
>•
37 %
17%
21%
,17
L
$ per share
t per share
I per share
Par
23
37%
37'A
-36'4
17
16%
59
per skare
Year 1948
Lowest
Lowest
EXCHANGE
Shares
per share
t
$ per share
37
16%
*36%
17
*21
«
shart
37
37 V4
37
16%
>:
Feb. 1
$ per
per share
*36%
-
.
Range since January 1
Highest
NEW YORK STOCK
:
the Week
Feb. 4
Feb. 3
for
Sales
Friday
Thursday
Wednesday
Feb. 8
Tuesday
Monday
:
HIGH SALE PRICES
AND
LOW
Saturday
,
Jan
8%
Apr
14%
Jan
Oct
0
17%
'
*46%
10%
*150
64%
58%
9%
9%
19
18%
151
35%
*35
6474
*64
64%
58
10174
151
35 Va
735 Va
35%
35%
10%
101 %
153
*150
152
10%
19
1874
19%
19%
45'A
Oliver
9%
*87/8
9%
*8%
45%
102
*100
104
*101%
Ohio Oil Co—
6474
*64
:
5774
57%
57%
U Va
11%
*11%
1174
*11%
9%
974
974
27
1074 Feb
5
100 Va Feb
7
105 Va Jan
10
8% Jan 18
974 Jan
20
20% Jan
10
Glass
18% Feb
9
Dec
Dec
1074
Jun
2174
Jun
8
154
Sep
37'/a
11
38
Apr
65
Jan
24
6774
59% Jan
18
64
3
3
1174 Jan
10% Jan
31
4
6%
Jan
1374
9
3
Jan
57'A Jan
10%
Jan
48% Jan
4
23%
Jan
55
22% Jan
14
14%
Jan
257a May
16 7 a
Jan
4
Jan
34
64
5074 July
105
151% Jan
'
Jan 28
,148
12.50
Co
Feb.
45
No par
Co—
Owens-Illinois
5774
6
48% Jan
3
—
Farm
Outlet
21% July
1874 Jan
8
9% Jan
No par
Equipment—No par
Omnibus Corp (The)
6
8% conv preferred A
100
Oppenheim Collins
No par
Otis Elevator
—No par
6% preferred
—
—100
Outboard Marine & Mfg—
5
17%
8
28
Oct
July
P
*9
*41
43%
31
*41%
43%
41%
41%
20%
20 Va
19%
20'A
20
20
*12%
16
*12%
16
:
43
*42
42 %
42%
4274
42%
42%
27'A
119%
*151%
151%
15174
151%
4%
4%
4%
4%
4%
13%
*12%
13
■
3%
3%
374
30%
31%
30%
9V»
*974
*9
9%
*2%
46%
106
*104
23%
%
106
75
1%
29
29
'/
18'A
6%
6%
20
19%
56%
94
14%
*10%
11%
11%
*2%
2%
2%
11%
2%'
*55
56%
94
57%
94
9474
2,000
Penney
15%
2,800
Penn-Central
94%
14%
15
2%
38
37%
38
17%
1774
''/■
21%
*£ 5774V,
4,600
Penn
2%
1.100
*3774
38%
300
*17
17%
100
38%
17%
/
2874
22
57%
57%
*6%
6%
50
49
50
49%
49%
12%
12%
12%
12%
12
12
*57%
59%
*56%
59 Va
56
*37%
40
*23%
24%
9
'
:
39
39
39
*2374
24%
23%
23%
*23%
25%
8%
874
874
874
874
8%
874
874
18,700
8%,
8%
8Va
1,100
9 Ve
■mm
■43
*41
20%
■
8%
8%
*42%
43
2074
21%
21 Va
50 Va
50%
50
21
49%
50%
94%
94
94
93%
93%
;
93%
20 Va
119%
28%
27%
83%
83
2074
24%
25
24%
*117
20%
25
119%
*117
27%
83
27%
83
V
20%
24%'
*117
2774
83
27%
*108%
110
*108%
110
*108
114
*112%
114%
*112%
114%
*112%
*97
100
*97
4
"12
13
*12
43%
44%
10%
1074
12%
100
4374
10%
*10%
14618
146]-!
li 14618
*24%
25
*24%
*96%
*97%
120
7%
7174
7174
717/4
12%
*12%
7%
*70%
1274
''
•'
—
'
11
*24%
5%
64%
*778
8%
—
*8%
*19%
TH O O
71%
*7074
12%
12%
1274
165%
183%
5
774
•
97
v W
183%
188
4%
''V V:
■
13%
*13%
1374
1374
13%
*16"
8%
*8%
*13%
8%
87%
"72
19%
19%
88
74
17%
17%
*1774
974
*19%
19%
974
88%
*73
17%
19%
17%
19%
•
•;..*1978
17%
•
P7'8
974
9%
9%
974
1174
11%
11%
1174
1174
*11%
12%
*11%
12%
*11%
12%
*1174
12%
*11 Va
37 74
37%
37
37
*3674
37%
*3674
37%
37%
55%
55%
56
54%
55%
5474
55
55
55%
1374
1
118%
13%
14
118%
13%
117
1374
117
14
13%
91%
1,070
V
270
*1774
18
900
19%.
500
9%
12%
37%
56
116%
1374
117%
14
96
v-,_~
600
3,800
130
7.100
2,050
9374
92%
93 %
92%
93 %
9274
93%
92 34
8374
93%
101%
101%
10174
101%
101%
101%
101V2
10174
10174
10174
10174
10174
107%
108
106%
107 Va
10574
107'A
10674
10774
107
107 Va
107
107
570
118%
118%
118
118
11714
117%
117 Vs
118
*117'A
117%
11774
11774
360
118%
11874
11874
11874
118%
11874
118%
*118%
11874
11874
11874
250
For
footnotes
3974
see
4074
page
655.
3974
40%
3974
40%
3974
40%
40%
4174
1,060
3,300
100
5
,
;
Julv
7274
Dec
274
Apr
May
17%
Jan
1%
27%
Jan
3
16
No par
No par
:
1
1%
1974 May
Jan
27
16%
Nov
Jan
24
51%
Dec
5
80
13
674 May
29
May
/ 60% Mar
Jan
11
Nov
7
24
Jan
15
18'A Jan
:
100%
Sep
2074 July
3% Jan
1% Jan
33%
.
9%
Oct
374 Mar
45
Jan
Jun
17-% Mar
26
13%
Jan
Jan
10
108%
Jun
28% Feb
11
23%
Jan
32%
2374 Jan
5
17%
Feb
247s
Feb
11
46%
Jan
617'a July
674 Feb
3
1%
Feb
52'/a Jan
112
58
113
774
Dec
Apr
Sep
Sep
Jan
5%
34%
Jan
1674 May
Jan
6
14
14
28%
60
Feb
58% May
41
Jan
11
19
J an
4174 May
Feb
2674 May
Jan
10% July
14% Jan
23
Jan
8
12
6%
14
5% Jan
17
22% Jan
5
20
Nov
37
Jan
68%
11
3
28
3
4
13
4
3
6
27
3
7% Feb 11
82% Jan ? 3
474 Jan
48 %• Jan
4
59 Va Jan
19
11% Jan
6
874 Jan
25
10
Jan
3
17% Feb
3
Jan
15
12
1174 Jan
12
59% July
Jan
'
50% Feb
2
96% Jan
21
2174 Jan
183 % Feb *8
9
32
Jan
11
13
49 Va Jan
3
19% Jan
Jan
9% Jan
8% Jan
4
74
Dec
July
26%
5
Jan
45 74
30
2
2% Jan
13
83
July
106
15% Feb
111/4 Feb
Jar.
69
4
Jan
97 % Jan
7% Jan
61
.
Oct
113% July
Jan
'
28
41
Apr
15'%
100
Jan
58
100
100
No par
Pocahontas—;
5
2074 Jan
3
No par
Poor & Co class B
Pressed Steel Car Co Inc
25
6% Jan
3
Jan
5
35% Jan
11
Jan
19'A Jan
4
25
preferred
Pond Creek
;
Jan
7
174 Jan
Jan
Plymouth Oil Co...
5,200
55%
B
Jan
2
17
Jan
31
11% Jan
preferred class B—
Class
'
2,500
12%
37%
-
.
105%
Jan
8074 Feb
164% Jan
.100
100
.100
Pittsburgh & West Va
....j.100
Pitts Young <fc Ash Ry 7% pfd—100
Plttston Co. (The)
l
Class A preferred——100
3,900 v
25
11 %
2474 Jan
l
No par
preferred class A
-i
5%% 1st ser conv pr pfd
1,800
75%
*11%
12
14
974
7%
5%
-
>
itf1
934
974
12
118
•
1174
37%>'
55%
.
*1974
...
19%
9%
—
9%
75
74
11%
117%
-
.
91%/;
17%
■'
90%
9%
74
74
1474
14%
•
1,940
160
63
5
100
No par
„
Pittsburgh Steel Co
700
43% July
Jan
3
25
Jan
27
118
Jan
8 74
Jun
-
29 34 Mar
X5174
Sep
23
917a
Sep
1874 Aug
22
Dec
24%
2574
Sep
2674
jun
1374
Oct
Jan
29 Va Feb
1
Jan
5
109% Jan
5
104%
Nov
9074 Jun
113
July
114% Jan
13 / Jan
17
109%
Jan
11774
104
Jan
3
79%
.47
Jan.
5
4274 Nov
85
4
ll'/a Jan
7
146 Hi Feb
11
FpH
d
25 Va
71
Feb
774 Feb
3%
102
Feb
3
34%
Jan
Jan
17
5
7
59
Jan
13 % Jan
21
974
Feb
Jan
25
168'/a
Nov
8
168
Jan
774 May
6874
Jan
71% Feb
Dec
Dec
26;; May
Jan
22
Apr
1074
Jan
574 Jan
July
146 if-1
Jan
6574 Feb
July
50
3Va Jan
18%
Jun
14
100
Jan
70
102
100
-7% preferred.—.
Pitts Screw & Bolt
Jan
49% Jan
9
23% Jan
Jan
7%
106
10
9
3
146% Jan
2%
23%
3
11% Jan 3
x98
Jan 19
43% Feb
7
10
Jan 3
—23
,1
2,200
.
54%
*61
*165
91%
93
97
*92
?£>:*?' 54
14%
9%
9%
774
.100
....
,
23% Feb
874 Feb
774 Jan
42
Feb
20% Feb
49% Jan
88% Jan
20
Feb
24
Jan
113
Jan
2474 Jan
83
Feb
10774 Jan
112% Feb
17% July
5
112
8
100
10
5//'
774
->62"/'
974
118% | 118%
188
*165
165
_
20
700
13
5
54
52 Va
5274
7174
97
*92
97
61
74
4074
Hosiery
6% preferred
Pitts Coke & Iron Corp
$5 conv preferred
Pittsburgh Forgings Co
Pitts Ft Wayne & Chic Ry..
300
7%
t —i'"*' >
774
774
1174
•39%
100
Pittsburgh Coal of Pa
1,400
63
*165%
v5--:vr. /;//.
9%
118%
100
—No par
,100
No par
5
Pitts C C & St Louis Ry Co
600
*183%
.
188
*4%
*7%
*92
*165%
*183%
474
11%
93
series..
Plllsbury Flour Mills
.
5%
::/vT2
"•
._.100
series..
Preferred
100
7174
71%
*12%
62
74
14
2474
120
*7%
974
13%
—
4 74%
Phcenix
690
*62 Va
63
*70%
54
87
118%
14632
5%
11%
*117
460
774
*60
86%
20
8,100
5Vt
63
64
62%
*165
1774
*1774
63
54%
74
74
20
*24%
25
120
*5 Ve
5%
62
88%
*86%
*5V8
54
•
9
*100
62
1374
13%
102
10%
32
No par
preferred
Preferred 4%%
44%
146
com—No par
Corp——_
Preferred
44%
14674
*24%
25
120
5474
5474
'
*92
97
*92
*60
63
—
—
Phillips Jones Corp
7% preferred...—
Phillips Petroleum
100
*10%
*7%
774
97
146%
14674
*98%
11
12%
183%
188
8
54%
44%
■
*10%
11
900
12
98%
7%
*474
*165
1
...—3
Philip Morris & Co Ltd.—
10
113
7%
*165%
*165%
474
1374
par
:
preference com
4,4%
110
*112%
71%
*70
474
/
100
*108%
44
4474
83
12 Va
98%
100
SI
Philco
84
113%
'
*12
1274
7%
1274
13
*183 %
53
4474
*10%
24%
120
*7%
5
*92
*97
146%
*574
192
*774
*12
14618
63
63
7%
*774
5
& Co Inc
'
63
63
*99
5%
5%
574
14618
4474
x24%
25
120
165%
(Chas)
Phila Electric Co.
3,200
27%
110
110
*112%
44%
*183%
5
No
Corp—
25
Philadelphia Co 6% preferred-—50
$6 preferred
,
—No par
119%
2774
83%
83%
83
*108%
13
63
Corp of America
Brewing Co
Phelps-Dodge
6,200
25
24%
*117
11974
2774
*117
2774
114
*574
:
15,800
20'A
20
25
24%
2474
11974
93%
2074
20%
2074
110
100
Pfizer
870
93%
2074
49%
42
Pfeiffer
11.500
5074
://2T>\
50%
*92%
,
Petroleum
300
'■M 43-,/
21
.
•
45
43
44%
.
42
*41%
*10%
*60
*8%
49%
50
20%
84
*97
.
8
8
2074
.,
21
*92 Va
27% .28-
•
39
39
*35%
24%
119%
*12
400
23%
20%
*112%
59%
*58
Jan
5
974 Jan
Glass
-
94 Va
20%
*
58
38%
50
146
58
Oct
9
Jan
4
Pet Milk Co.——————.No par
800
Sep
6% May
32 74 Jan
200
,4,900
13%
674
13
58
58
1,900
50%
13'A
50
12%
23%
20%
49%
*108
5674
674
50
674
6%
4974
12%
♦37%
49%
20%
*82%
'
'
25
8'A
...
*92%
24%
674
50
49%
38
874
45
*117
*6%
*1274
37%
8%
*43
;
*23%
9
8%
6%
6 Via
6% / 6%
200
1,900
58
119%
160
374 Jan
14% Jan 24
pref ser A.
.No par
3774 Feb 9
Sand Corp.—
No par
17
Jan. 19
preferred-—.
—100
111% Jan 7
Pennsylvania RR—
—
—.50
2574 Jan 3
Peoples Drug Stores Inc
—5
21 Va Jan 15
Peoples G I» & Coke (Chic)—100 :
55
Jan 4
Peoria & Eastern Ry Co
100
5'A Jan
6
Pepsi-Cola Co
..
———1
" 4874 Feb 3
Pere Marquette Ry Co
.100
10 'A Jan -3
5 % prior preferred———100
"• 54 Va Jan
4 ;
5% preferred—
100
3374 Jan 5
15,(100
Jan
147
474 Jan 25
500
28%
'
49%
par
12
28
Jan
28% May
Dec
91%
121'/a Jan
Dec
4574 July
.
152
Jan 5
Jan 11
5%
22%
*22
22
-5774
57%
Coke Corp
Cement———No
Jan
$7 conv
Penn
>111%
28%
1
10
Corp
19
174 Jan 3
29
Feb 3
18% Feb
7
474 Jan 3
18% Jan 21
54% Jan 3
93% Feb 7
1374 Jan 12
9Va Jan
3
2% Jan. 10
No par
Co—
Airlines
&
Penn-Dixie
*111.%
28
21%
22
5774
10%
274
2774
2774
28
Coal
1074
*38
'
•
(J C)
2%
-
*17
17%
*17
*11174
100
1074
1074
2%
57%
57%
*55
9474
1174
*21%
22
57
*55
274
38
>
2774
57
>2074
* 57
14%
*10%
27%
57%
57%
5,000
20
10
8
Apr
July
3174
Jan
27% Feb
5774 Jan 18
—
20
94%
2%
2774
*21 Va
4,900
14%
11%
♦111%
22
*21%
300
6 '/a
9474
■
11%
UIO'A
27%
3,200
18%
674
■;
174 '
1974
*274
39
18
20
1974
14%
27%
29%
1874
6 7a
6%
14%
;
2974
1874
18%
94 Va
*38%
29%
29%
674
29
,58%
*17 Va
900
6%
*18Vb
6%
14%
18%
7,300
18%
18%
——1
Park & Tilford Inc
1
Park Utah Consolidated Mines—1
Parke Davis & Co..—No par
Parker Rust Proof Co
2.50
Parmeleb Transportation
No par
Patino Mines & Enterprises
.10
Penick & Ford—
——.No pat
Pictures Inc
Paramount
9,900
174
29%
29%
93%
39
%
75 %
74%
174
73
24%
73%
24
33
274 Jan 3
45
Jan
6
103
Jan 10
23% Jan 27
preferred-———100
conv
Mar
17
109% Jan
—No par
Cos Inc.
Paraffine
4%
174
2374
24
5
Transp
5.60% pfd-100
Prod. & Ref——1
Panhandle
900
1,100
106
*104'A
174
*56%
*38%
45
4574
106
75 74
674
2%
45 ■%
274
274
274
*104%
&
13% July
23% Jan
1
423A Jan
3
3
374 Jan 27
30% Jan 26
9
Jan 29
Airways Corp.——5
Petrol
.
Feb"
3174
3
474 Jan
13
Jan
Panhandle East P L
180
110%,
.110%
1UV4
25 % Jan
par
No par
Car
Motor
Pan-Amer
9%
*3
9%
23%
14%
*17%
Pan American
174
94
*111
Packard
7474
14%
58%
12,300
11,700
23%
94
*56
374
3174
74
18
*
20
19%
20
374
30%
24%
29 Va
18 y4
6%
100
3 74
45%
45%
i%:
29 Va
18%
19%
13%
'
13
*110%
106
>1%
1%
6%
■
1274
•
3174
2%
45
*104
'
*18%
29
3,800
2374
24 Va
73
.
4%
73%
23%
24
74%
1% > 1%
72
>104
474
4%
*9
11074
2%
46
106
*45%
45%
45%
*104
274
2%
2%
*2%
2%
*45%
149
No
Mills
Telep & Teleg————100
preferred——
100
Pacific Tin Consol'd Corp.
—1
Pacific Western OIL Corp.—
10
33A
9 Va
11074
•
118
6%
3074
374
31
*9
9%
Pacific
90
13
13
■
374
3074
109% 110
110
='109%
110%
*1274
31
Pacific
200
119
151%
474
4%
4%
■
3,800
*118
*150%
Jan
7-%
10
——
Jan 10
.30
39 74 Jan
2674
2674
27%
119
151
41% Feb
17%'Jan
600
151%
*118
151
374
3%
31%
119
151
13
>12%
3%
31%
2674
*118
119
*118
27%
27
27%
27 »A
26%
151
3,500
•
42%
42%
-
-10
Co
2nd
16
31%
31'A
42%
118%
*9
*12%
16
31%
26%
*109%
650
31
152%
*12%
*12%
Coast
1st
200
20%
31'A
1074 Jan
8% Jan
preferred non-cum--—No par
preferred non-cum—No par
Pacific Finance Corp (Cal)
,.10
Pacific Gas & Eiectric
25
Pacific Lighting Corp
No par
43%
20%
3174
120%
4%
Pacific
43%
3174
30%
*119%
*26
'■
260
20%
20
16;
Pacific Amer Fisheries
43%
*4174
Inc—'———8
500
1174
974
'
3074
30%
.
42%
*42
9
9
9%
41 Va
*12%
16
30%
■
41 %
20%
20
*12%
%
*9
V&97&-
9%
1174
*11%
1V/2
11%
11%
*11%
9
77%"
Dec
Mar
Jun
1574 May
16874
Nov
182
Aug
183% Feb
5% Jan
8
170
Jan
17
4
Jan
9% Jan
10
4SA
Jan
1074 May
10
5974
Jan
90
99
i
Jan
10
24
10
56
Dec
22
6%
Jan
/ Jan
14% Jan
;
6174 Jan
64
52'A May
75
>
Jan
150%
10% Jan i;6
7%
Jan
174
Jan
*9
11
20
Jan
19
Jan
.5
14%
Jan
,;
19 3/4
Feb
57
18
Jan
•
10 !4 Jan
15
4
Jan
Feb
1
674
Jan
674
Jan
~
/
75 %
12 Vb
Nov
1074
:.
Dec
92
Feb
Feb
93
Jan
Mar
1674 Mar
168
29
; :
Jun
July
Dec
7474
Dec
21% July
2 3 74
13
Apr
Jun
137s May
13
Jun
4074
Jun
Jan
11
12 %
Feb
1
35% Jan
10
37% Feb
11
24%
Jan
i_50
54% Feb
8
58
Jan
15
4874
Jan
58
No par
116% Feb
11
120
Jan
12
11474
Apr
123
of Feb 1 '29)—100
Pub Serv Corp of N J—
No par
$5 preferred
No par
6% preferred...
———100
7% preferred—.—,
100
8% preferred
:_100
Pub Ser El & Gas pfd $5
No par
Pullman Inc
No par
14% Jan
29
1174
Jan
17%
Apr
Feb
11
75%
Jan
96 74
Oct
10174 Feb
8
8574
Jan
107% July
108 % Feb
3
9674
Jan
114% July
5% conv 1st preferred
.
>
5%
conv
2d preferred
Procter & Gamble
5%
pfd
fser
__5
12
13 % Jan
87 Va
Jan
96
Jan
104 % Jan
3
3
3
4
3
96
Sep
Feb
4
108%
^ov
129% July
11
11834 Feb
8
11374
Nov
122
11674 Jan
37 % Jan
3
41% Feb
11
26%
Jan
113% Jan
31Q
F°h
Aug
40% July
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
159
653
NEW YORK STOCK RECORD
LOW
Tuesday
Feb. 7
Feb. 8
Feb.5
$ per share
'112
15%
15%
15%
107
*112%
113%
*112%
113%
*105%
::
106%
"106%
107
20%
20%
*13%
13%
9%
9%
20%.
13%
9%
113%
113%
20%
13%
Range for Previous
STOCK
Range since January 1
EXCHANGE
Lowest
Shares
15%
'■■V Par
Pure Oil
6,300
113'/2
'
(The)
100
6%
preferred
800
•
5%
conv
9%
9%
15 Va Feb
20%
1,400
900
9%
23,500
2,200
Radio Corp of Amer.——No par
$3.50 conv 1st preferred—No par
8,800
Kadio-Keith-Orp' 'um
Purity
preferred
100
Bakeries Corp
—No
$ per share
3
!
per share
Highest
I per share
16% Jan
5
Jan
197/a July
12
113 Va Feb
10
104%
Feb
Jan
15
107
Feb
9
92%
Jan
114Va July
107% July
14
21
Jan
5-
13%
Jan
22 Va
10%
Jan
15
109% Jan
Quaker State Oil Ref Corp——M
20%
•
Lowest
19% Jan
100
106%
20%
Year 1913
Highest
I per share
—No par
106%
v ;
14
9%
NEW YORK
14 Va
•
20%
•13%
|
*113
107
for
the Week
per share
15%
113'%
107
20%
13%
$
15%
15%
;
107
107
20%
13%
*13%
9%
20%
20%'
Feb. 11
S per share
15 %
15%
Sales
Friday
,
Feb. 10
share
*112%
114
!105%
ir per
15%
15%
Thursday
/;
Feb. 9
.
I per share
$ per share
'
15%
;
STOCKS
SALE PRICES
Wednesday
HIGH
AND
Monday
Saturday V
'
'103
par
12% Jan 21
14% Feb
11
11
Nov
July
R
9% A
V"
9%
9%
9%
•■:V72-p
8%
.
'
71
70%
;
71 Va
71%
71%
8%
-7i%
8%
8%
-
72%
72
71%'
8%
:
89
*29
8%
,
89
88
■AA 29
29%
.
12%
29
29'/a
12 %
12%
28%
28% ,A.
16%
16%
*33
34
*28
8%
17
9
10
115
115
56%
9%
<
9%
120
,
56 %
56%
11%
*11%
12%
*11%
18
18
*16%
16
*17%:
15%
18
*15%
16
15%
17
35
29%
29%
9%
9 V8
18
*17.
15%
>
>
125
Pa
12%
15%
9%.
:
10% Jan
12
5
72% Feb
10
4
15
85VaJan
27
9% Jan
107% Jan
17
54'A
No par
1
.V 28 % Jan
3
29% Jan
25
3
14
V Jan
11
30
Jan
10
18
4%
non-cum
.4%
non-cum
9%
4,400
!
130
*11%
;;;
18
Reis
12% May
71'A
Oct
10 Va
Jun
Jan
101%
Dec
21
Jan
29 Va
11%
Jan
15 %
Jun
26%'
Jan
32
Aug
15 % Jan
3
Feb
11
14%
Jan
22% May
32% Jan
13
35% Feb
11
26%
Jan
35
27% Jan
7
29% Feb
10
22%
Jan
30
5% Jan
3
10
Feb
7
3 Va
Jan
66'A
Jan
80
86 %
v
'
Jan
7
125
Feb
10
100
(Robt) & Co 1st pfd
90
52% Jan
27
61
Jan
6
20
Jan
T 6
No par
n% Feb
89
74%
74%
*87%
♦75
*8%
9%
16%
89
9
16%
101%
9Va
8%
9
17
102
88%
74%
75%
9%
9 Va
.
17 Va
16%
17
*87%
75%
75
76
75%
76
88%
*87%
88 Va
*87%
'
17 Va
17.
88
9%
■
.
17 V*
16%
:
75%
-
9%
17
88
75%
9%
*89%
90
90
90
102
'
,
*100%
90
♦100%
101%
102
90%
90
*100%
102
90%
90%
'
'
♦7
7%
*85
86
66
i
7%
66
11%
*85
86%
;
;
66
11%
11%
88%
89
66
r
*8%
'29%
29%
29%
39%
*36%
39 Va
15%
'
9%
29%
*36'/a
15%
15%
15%
9%
9%
13%
*8%
.
Reo Motors,
Republic Steel Corp
6% conv preferred
6% conv prior pfd
13%
*5%
9Va
6%
*5%
19%
18%
19
2o%
26%
*26%
27
5
12% Jan
12
Jan
13%- Sep
5
19
Jan
15
14V8
Jan
20
3
16% Jan
17
12
Jan
19%
Jan
7
89
Jan
14
69 Va
Jan
93
Oct
7
80
Jan
21
42 Va
Jan
74%
Dec
20%
21 Va
20%
48%
48%
48
31
31%
30%
*%
4%
Jan
10%
Apr
6%
*6%
44%
44%
43%
112%
112%
7%
15%
15%
15%
1,900
(
*5%
48 Va
48
30 Va
30%
7%
43%
112
*6%
43%
112
106%
8
'
*110
112
108%
*108
108 %
*23% 24%
*23%
70
*69
.3%
•25%
25%
112 Va
7%
7%
7%
39%:
39%
39%
40%
*105%
106%
106%
106%
41
41,
*110
112
*108
108%
110
*108
24
*2%'
23%
41
'•'105%
41
41%
1.000
70
*109
110%
•109
110%
*108
108%
*108
108%;
24
23%
~
24
24
2%
17 Va
17%
xl7Va
17%
17%
17%
*14%
14%
*14
14%
14%
14%
*2%
24%
1,900
2%
*2%
2%
100
85%
X85
85%
85%
4,900
17 Va
17 %
14%
*14
68 %
110
12%
12%
2.900
$4.50
100
72
$5 conv preferred
3%
3%
3%
*3%
3%
3%
3%
1,200
Silver King
25%
25 %
25%
1,400
Simmons Co
25%
25%
300
10%
10%
14,800
37%
37%
1,600
38
16%
16%
16%
*16 V.
17
22%
*22%
22%
*22%
22%'
37%
38
37%
10%
8,800
10
51
*
37%
10%
37'A
37%
*16%
*16% '■Mm
17
200
22%
*22 Va
29%
30
*29%
30%
*29%
30'A
29%
26 Va
26 Va
*26
26%
*26
26%
26
18%
12%
12 %
12%
12%
12%
12
12'A
12 Va
12%
*3%
3%
3%
3%
*3%
3%
3%
3%
3%
32%
23%
44%
30%
32%
149
*29%
30%
32%
32%
*145
149
V
*29%
32%
*145
3%
25
30%
1,400
300
•26
30%
30
30'/a
30%
32%
32%
32%
19,300
1.700
.
30%
32%
32%
149
*145%
147%
*145 %
23%
23%
23%
500
,
1,300
23 V.
23%
13%
13%
13%
13%
13%
13%
26%
27%
27 Va
27%
27 V.
27%
23%
23 V.
23%
23%
24%
23%
25 Va
25 Va
25%
38,400
45
44%
45%
45
45%
45%
46%
46 Va
47%
10,800
55
55
55
*55
55%
55
57%
660
X5
5Va
5
5Va
3,500
5%
100
*54
54%
5%
5%
5%
*5'/8
5%
*50
57
30%
5%
57
5V»
5 V.
*5 Va
5%
*50
31
*30%
30%
*30%
30%
26 Va
37%
59
25 Va
25%
36 Va
37
*36
*58 V4
59
*58% A,59
6 V.
6%
6 Va
6 V.
51%
51Va
51V.
36 y4
*35
51%
51
51%
51V4
*34%
35%
34%
35 V-
35
*115
63
*62%
*112%
114
*112%
113%
*111
112
*111
111%
29 Va
*110% 111%
112
*%
%
-
35 V4'
115
113%
113%
*113
114
*113
114
*113
*111 P 111%
111
111
*110
111
111
*28%
*111
28%
112
111 V.
28%
111%
2%
2%
33%
33%
40%
41
40%
40 Va
40 Va
40%
35%
35%
35%
35%
35%
33%
33%
33%
33%
52%
52%
51%
42%
42%
41%
*111%
112%
111%
*2%
115
*112
63%
28%
*11
%
%
2%
34%
7
28%
*%
2%
29%
*34%
*62
*33%
*64%
36%"
*112
63
2%
6%
6 %'
115
%
"a
8%
14%
*59
Feb
2
Feb
2
8%
Jan
73% July
16% May
Jan
5
64%
Jan
73 Va May
Jan
20
Iron
preferred——No par
———10
page
5 V.
5%
5%
5%
Jan
16 Va
Jan
21
Jan
May
27% Nov
,.xl3% July
16 Va Feb
22
Jan
7
22
15% Nov
45% Sep
24% July
3
22% Aug
23%
19
39% July
Jan
27
12% Jan
3
3% Jan
Greyhound Lines
5
No par
28% Jan
10
28% Jan
6
preferred—.
.———100
Southern California Edison
25
Jan
6
Southeastern
141
Jan
23
5
10 Va
Jan
15% July
5
2%
Jan
16%
Jan
20 Va
Jan
Jan
15
15
Jan
132
11
24 Va Jan
29
Nov
25%
35% Jan
32
6
149
Jan
15% Jan
21 '/a
10%
Jan
Jan
Jan
5
Jun
Apr
29 Va
Dec
30%
Sep
149% July
25
Apr
14% Sep
17
14% Jan
5
No par
23% Jan
3
15%
Jan
30% May
No par
Jan
3
29% Feb
25Va Feb
11
20
11
15%
Jan
30%
preferred
100
Mobile & Ohio stk tr ctfs—.-100
40% Jan
4
47'A Feb
11
35 %
Jan
Jan
7
57% Feb
11
42 Va
Jan
49% May
66
Apr
Sparks Withington
No par
1
No par
Spencer Kellogg & Sons
No par
Sperry Corp (The)
1
Spicer Mfg Co
No par
$3 conv preferred A
No pa"
Spiegel Inc
2
Conv $4.50 preferred——No par
Square D Co
1
4% Jan
Spear & Co
$5.51 preferred
5
Southern
7.50
Natural Gas Co
Southern Pacific Co
Southern
5%
Railway
non-cum
13 Va Jan
54
<
Va Jan
3
5% Jan
5% Jan
2%
18
26
12
Jan
2% Jan
33
29% Jan
31
4
Jan
6
6
'
Jan
21%
Jan
6%
6%
'61
'M 35 v,j
Apr ;
Jun
Sep
Nov
Dec
23% Nov
35% Mar
32%
44 %
Jan
26
27% Jan
36 % Jan
26
38% Jan
4
56% Jan
27
59
Jan
14
56
May
7
Jan
11
3
Jan
55
Jan
6
35% Jan
64
42
25
Jan
60
8%
July
Sep
Sep
Aug
Dec
25
Sep
Jan
27
111% Feb
9
6
60
—No par
112
100
..No
par
-No
$4.50 preferred
110
.
...
112
100Va
Jan
Jan
Sep
July
116% July
31%
Dec
115% July
2% Mar
1
Jan 10
3
Jan
7
1%
Jan
36% Jan
5
5
9
Jan
38%
10'A
Jan
44%
28%
Jan
40
28 Va
Jan
38% July
22
46 Va
Jan
60
1
37 Va
Jan
45 % May
"5%
Nov
25
Jan
par
III- Jan
2V4 Jan
3
33% Feb
10
40% Feb
8
43% Jan
16,400
Feb
7
38'A Jan
33%
14,700
Standard Oil of Indiana
25
32% Jan
3
34% Jan
11
15
53
17,100
51% Feb
7
55
Jan
2,500
Standard Oil of New Jersey.
Standard Oil of Ohio
25
42%
25
40 % Jan
4
43
Feb
112%
112%
500
Jan
26
112% Feb
7% Jan
11
7
.
28
18% Jan
3% Jan
South Porto Rico Sugar
Oct
Jun
Apr
23% Jan
1
12
5
Jun
42% Jan
Typewriter-No par
15
South Am Gold & Platinum
57
29
4
7
Socony Vacuum Oil Co Inc
10%
.
28
14
%
,1.400
2%
1.600
35 %
2,000
7
4,300
Standard Gas & El Co
$4 preferred
4%%
preferred
Standard Steel Spring—
100
—
»
5%
2%
Jan
Jan
13,100
5 V4
27
4
27% Jan
14%
5%
Jan
32
59%
5%
Jan
17%
5
14%
5%
31 Va
7
4
*59%
14%
5%
8
29% Feb
4,500
60
7
Feb
50 Va
4
24% Jan
8%
122%
10% Feb
26 % Jan
6
Smith
16 Va
14%
9 Va Jan
48% Jan
24
Smith (A O) Corp
8%
5%
see
70
13
75
3
28% Jan
Corona
Sep
17% July
6
10
16 Va
60
Jari
Jun
Dec
18%
Jan
54
Jun
4%
27
—1
Stewart-Warner
122
9
37% Feb
&
26%
Feb
90%
v.
10 Va Jan
Skelly Oil Co———————15
1,900
14%
Jan
Jan
Jan
lOVa May
&
43
Jan
42%
8%
2
5
1,800
59%
Jan
52%
16
16%
59%
11% Jan
9%
122
8
8
12%
14%
3
Jan
10% Feb
9%
122
'A Feb
3
-No par
Sinclair Oil Corp—
12%
*58
24
91% Jan
107% July
Jan
Sterling Drug Inc
60
Mar
5
1,000
14%
Feb
112
15
65%
122
115
Dec
*
26% Jan
30
59%
Nov
105
27% Jan
65%
14 V.
109%
8
11
29%
*121%
6
Jan
26
30
14%
Jan
110
25 Va Jan
65%
59%
112
25 % Feb
65
122%
Dec
No par
30
121%
7
I———No par
65
122%
Jan
36%
63% Jan
No par
Simonds Saw & Steel
64%
122%
5
Feb
96
11
3
*29 Va
8%
10
2% Jan
3% Jan
65
16
21 % Jan
5
30
8%
3
19
72
Coalition Mines
64%
16
27
Jan
108
H
Dec
Jan
42% Feb
107
18
*29 Va
8%
6
Jan
65
16
6
12
112
8%
Jan
38% Jan
109% Jan
,
30% Jan
112%
19%
105
.
9
112Va
8%
44%
28 % Feb
111%
*16
12 Va Mar
Jan
12
No par
-15
3,500
42
/;
Nov
19%
July
53
9
6%
7
70
41%
16
1
117
52 Va
8%
8% Feb
42% Jan
110
52%
16%
3
19
7
No par
(Frank G)
Steel
Sep
Jan
x38% Jan
No par
No par
-
(W A) Pen Co
Sloss-Sheffield
114
Nov
41%
8%
footnotes
5
Jan
107
41%
V
Mar
105%
28
52
9%
59%
No par
8
Jan
41%
16%
110% Jan
6
52
12%
24
Mar
47% July
108 Va Jan
41%
9%
113% Jan
9
Jan
35
Jan
51%
12%
5
13
Jan
42 Va
9%
46% Jan
3Va Mar
Dec
49
52%
12%
5'/a
112% Nov
33
9%
6
10
33%
12%
Jan
114% Jan
33 %
9%
7
1% Mar
3Va Jan
1
33%
12%
7
113% Feb
33%
9%
4% Jan
109
33%
12%
Jan
2
33 V4
9%
36% Mar
,
Jan
10
7
5,100
12%
A
Va
Jan
20
29%
2%
7
27% Nov
% Jan 10
1
64% Feb
36%
9%
32% Jan 11
111% Jan
41%
12%
Aug
6
36
7 " '
50 %
28
36 Va
*29%
Jan
Jan
41%
7
43
$6 cum prior preferred— -No par
-No par
$7 cum prior preferred
Standard Oil of Calif
-No par
.
2%
9%
14%
.——100
5
5
100
No par
No par
110
35%
6%
2
Dec
Jan
600
35%
6%
Feb
50
27
200
35%
67/a
Jun
10
35
35%
•;;;
18%
Jan
41
7
Jan
33
40 Va
.
Oct
2
9% May
7
40%
29%
28
37% Jan
40 V.
112
21%
Jan
7
35
V
Jan
Dec
20%
11%
-34% Feb
1,010
35
112
5%
19%
11
11
4,800
2%
112
3
12
Feb
21% Feb
17
43% Jan
Oct
July
50% Feb
6%
%'
17% May
Jan
3
51%
111
*111
12
9
Jan
33%
12%
16
40
2%
9%
v
400
33%
*33
*12%
•
4,600
63%
11.4 A;;
' 29
,
6% Jan
115
*62
29 Va
112
26
59
50%
*61
34%
65
6 'A
51V.
*111
2%
29%
6 Va
300
37%
59
62%
34%
j.
*35
25%
*36
y
62 V4
'63
*62%
28%
25 Va
37%
51
51%
29
25'A
6%
115
5%
*30%
25%
•111
5%
30%
*58 V.
6%
114
*5%
30%
■
6
1.200
89.900
57
*36%
*58%
13%
29%
*54
37%
37%
58%
13%
28%
57
59
37%
13%
28%
*50
25%
25%
5%
13%
57
25%
25%
*5Va
5 V.
1,900
27%
*50
30%
58%
5Va
55
,
23%
57
30%
*36%
*54%
23%
7% Jan
2
Jun
6% Jan
5
8%
149
23%
23%
Shattuck
Sheaffer
$1.20
*22%
29%
26%
5
Feb
4
No par
Sharpe & Dohme
$3.50 conv pref ser A
3%
10%
14'A
19% Jan
3
4i Jan
100
Shell Union Oil
10%
Sep
14
% Jan 20
3% Jan
—
1.800
10%
29Va Jan
100
:
24%
10%
12%
13
Seaboard Oil Co of Del
25%
10%
7
Jan
preferred
Seagrave Corp
25
26
39% July
5
No par
2 5/
25%
11% July
32%
Feb
28
preferred
25
25%
Jan
Jan
34%
3
Scott Paper Co
24%
*25%
5%
25 %
25
26
100
Jun
24
17
68%
26
28
Jan
3
5% Jan 27
—10
15% July
93%
15% Feb
9% Jan
13
45
Feb
Jan
Jan
30
3
Jan
15
70
Feb
Jan
80
11
12%
25%
9% Jan
Nov
7%
98
Dec
38% Jan
3
9
3
Dec
59 Va
3
10
Feb
18% Jan
69
*25 V.
4
Jan
Feb
12% Jan
89
15
12%
25%
67
6
76
18
3
69
3%
Jan
Jan
3
13
*3%
87
16% Jan
73
10%
Apr
13% Jan
69
72
Oct
9 Va
Sharon Steel Corp—————No par
12%
10 Va
88%
Jan
200
*70%
73
Jan
5%
4,300
13
10%
73%
84
73
*70%
24
22
Sears Roebuck St Co——No par
Servel Inc—
—1
12%
10%
Jan
7% Jan
17% Jan
$4 preferred
*70%
73
25%
.45
For
42%
24%
22%
14%
400
107
*24%
23%
*58
6,800
108%
85%
68%
2,200
110
2%
69
7%
40%
24%
29%
30%
:
7%
40
230
91
20% July
•
*50%
27%
6%
7%
112 Va
101%
25
Jan
14% Jan
Safeway Stores
5 % preferred——
Savage Arms Corp
Schenley Distillers Corp
5 % % preferred
51
*29%
64%
:
84%
69
1,600
*50%
*145
29%
112
Jan
4
13
—100
non-cum
51
13%
%
112%
7%
41
5%
10 Va
26%
*110%
112%
Jan
95 Va
'
'
39%
107
44
14
5
4
28
preferred
non-cum
*50%
23
28%
44
8'A Jan
10
11
Jan
37% Jan 25
Francisco
Louis-San
10%
13%
*111
44
39%
107
1
9% Jan
15
10
Jun
18% Jan
1
Joseph Lead6%
50%
23%
6
$flt
6.400
conv
Jan
Jan
86% Jan
Corp———1
preferred
—No par
10%
23%
*5%
112
25%
32%
•50
113
43%
63
10
May
102
.-—No pat
(The)
50%
*26
31
5%
St
2,000
%
$2,50
~20
44 Va
16%
149
*54
43%
25%
3%
32%
3.600
iir
7%
11
12%
*29%
*6%
25%
29%
3%
30%
%
Co
Jan
10
tSt Louis Southwestern
38
26%
12%
30 Va
30
84
<
Rustless Iron & Steel
*3%
*22%
26%
48
3'd
26
16%
23
29%
48
29.500
70
i7.v
10%
*22%
20%:
49
30
87
100
Typewriter
10%
25%
38%
*38
20
*47%
*25%
.
11
*16%
20%
,
50 Va
*
25%
10%
Ruberoid
"
3
100
No par
——
24%
24%
*25%
Royal
1,100
2%
12%
10%
♦50
50%
3%
3,200
'
85%
70
:
*70%
10%
19
28
19%
u
6
19
27%
20%
30
*5%
.
17%
12%
73
6
19
14%
i
*14
12%
24%
'
84%
84%
17%
17%
9%
*5%
19
.
6% Jan
ser A
Mfg Co
———1
Richfield Oil Corp
No par
Ritter Company
—No par
Roan Antelope Copper Mines
100
27%
44 Va
24
2%
84
14%
*50
24
*2%
2%;
85
12%
t
Jan
7
3
Rheem
3,000
V 27%
7%
*40
110
♦68%
9Va
13%
.7%
41
*40
ste
;
*112
106%
*70%
9Va
*12%
48 Va
30
.,
*3%. v
5
■
40%
17%
■■
*47%
106%
*14
6
19%
40%
:
9%
13%
7
101 Va Feb
preferred
conv
Common
♦12%
:
4
16% Feb
100
Reynolds Spring—
Reynolds (R J) Tob class B
500
5,100
"V...
9Va
14
20%
k
P
;•
'
20%
•106%
84%
;
19%
39%
*108
9Va
9%
*13
27 V44
7%
.
*15 Va
19
39 Va
44%
15%
27%
7%
*145
15%
'
19%
39%
A
39%
21 Va
*3%
G%
♦
29%
'
iff
5*1
*2%
9 Va
29%
9'/a
9
.
48'A
*3%
110
*9%
*36%
■
26%
74
5%%
190
39%
■
31
280
29%
9
8% Jan
No par
preferred—--—-—--100
5lA% Referred
-c
100
Reynolds Metals Co
No par
1,400
29%
'
——1
-
7%
*
26%
74
..
11%
89
*36%
Ji
39
11%
89
39%
*19
'
%
11%
89
29%
9%
V14V,:',
*5% r:6;:
.
WS66M:. 66%
67
11%
88%
Inc
86
100
Revere Copper & Brass
10
11%
9
15%
9Va
Sp
1,300
29%
*13
6
*18%
700
7%
86
*36%
8%
15%
14
90 Va
29%
29%
*37
9Va
*13
•66%
:
*85
10
89
88%
<
*7Va
.
102
39%
8%
9
;Vv:; *11'A
90%
90%
7%
87
*85
67
*66%
66
11 Va
88%
7%
86
86
87
11
66
89
7%
7%
7'/a
88%
11%
*88
7%
V:V'*85A;:'
7%
*100%
:
Dec
July
70 Va Jan
'
25
Saratoga RR
9,600
:
•
*100
&
2,600
'
17%
Rensselaer
Jun
Nov
Feb
18
1
Preferred with warrants
100
230
Nov
15% Jan
10
-
6%
'
*87%
Jun
5
Reliable Stores Corp
Reliance Mfg Co
Remington-Rand
100
3,500
2
Jan
Jan
3% Jan
100
300
12%
15%
Feb
4%
59
50
50
—
170
56%
12 % Feb
28
—50
•—
1st preferred
2nd preferred
Real Silk HosieryPreferred
50
'
25
Reading Company
4,100
900
*17
,
15%
Inc
preferred
1,100
,15%
181
15%
9%
56
12
$2
29%
*120
57%
12
18
35%
:*29
,
125
,*17
18
.
:
*56%
58
"Y*ll%:
12%
15%
3
Jan
8 % Jan
.—100
preferred
conv
Rayonier
800
1
17%
17%
35
145
'
35%
17%
*54%
56%
9% Jan
69 Va
:
l
Raybestos Manhattan—.
800
2,600
29
'
29 Va
*120
120
12%
-
.
6%
580
-
29%
12%
12%
9Va
-
89%
29
35
17
*33%
29'A
8%
*28%
.
12%
89
-
29
29 Va
17
34
,
•'
12%
34
17
89%
.
29
29
*28
57
11%
12%
29
34
8%
28%
12%
29
29
16%
,
115
56
29
88%
.V
29'A
*28%
-
29
*28 A.
WM
9%
115
t
? '34 :f
29
88%
88%
;
8%
8% A
8%
12%
12%
29
*28 %
88
88
p 89%
72
'
'
8%
*122
5%
700
600
■
900
Starrett Co
5%
Stone
prior
&
No par
preferred
—
Webster—
No
Studebaker Corp (The)
Sun Oil Co
122%
Class
5%
2,800
Sunray
ill 11111 mil
L S_
Corp—
Stokely Bros & Co Inc—
120
655.
(The)
A pfd
(4%%
Oil Corp—:
cum)
35 %
111
6% Jan
3
28% Jan
18
3
10
--5
1
20
64
par
8
1
3
Jan
5
Feb
11
65% Jan
6
30
58% July
7Va Jan
6% Mar
Dec
Dec
May
Sep
9% May;
31% Mar
66
May
14% Jun
11% Jan
3
13% Jan
15
9% Feb
10
10% Jan
6
4%
Jan
14
15% Feb
1
16% Feb
5
14 Va
Dec
xl7
J an
3
9% Feb
2
5%
Jan
5%
Jan
48%
Jan
14
Feb
4
No par
58
Jan
6
100
1
121
Jan
27
5% Jan
3
15Va Jan
14
60 Va Jan
Jan
21
5% Jan
6
124
10
July
Sep
10% May
15 Va
Dec
63% Mar
Apr
130
Sep
4% Nov
6
Oct
122
RECORD
NEW YORK STOCK
.
6%
63/4
6%
18%
/
79'.//
79
213/4
803/4
21
21
82
80
80
21%
21
21
31
293/4
293/4
30%
30%
*30%
*9%
10%
*9J/4
10%
9%
21%
*30
*21 Va
"
*9%
107/a
303/a
30%
30%
30%
31%
31%
31%
32%
29%
29%
6%
6%
31
9%
'30%
31%
32%
32
32'/a
29%
30
6%
6%
7%
7%
,
63/g
v
•
32%
29%
32 Va
29%
30%
29%
29%
6%
6%
6%
6%
•?■'.'A
7%
*46
*4% ii
•
♦11
7%
47%
',;/ *7 ://
46%
'
43/4
/
/V-
47%
45%
11%
46%
.•
46
•
6
:
Symington Gould Corp——
11 Va
7,300
4 ¥4
4%
35%
351/4
35%
35%
35%
35%
35'A
35
35 »A
35 Va
14%
//:/'/ 14%
14%
143/a
14%
1*%
15
14%
15 Va
15 Va
15%
9%
9%
9%
9%
8%
9
3%
9¥a
9 Va
9Vs
9%
:
19%.
*5%
5%
*34%
2%
*5%
13%
104
2%
26%
48%
48%
6% ?
6 Va
'■'? 13%
13% /
1033/4
103%
//:/;/
7
48
7%
-
1,200
5 %Vv.;
.
46
5¥a
1
9,600
6%,
12%
*12
12% /¥
35 ¥4
*35%
36
2%
2%
2%
2%
*18 3/4
19%
300
13%
13%
'2,600
13%
133/a
13%
102%
103'A
103%
103%
25%
26
48%
>
1,400
19%
Xl33/a
48%
Thompson
100
;;/• 500
*18%
■
103%
103 3A
267/a
47%
/;./'
8%.
89%
13%,/v
*88
3%
33/8
18%
*13
3'A
,/
13%
*88
89
103
89
9
9
88 Va
CO
87%
3%
;
10,200
88 Va
17
500
17
21%
22
22 Va
21%
22
21%
21%
21%
213A
293/4
29%
29%
29%
29%
29%
29%
293A
2,800
$6
79
.
Nov
22 5/s
Feb
63/4 Jan
15
4%
Jan
7% Jan
12
3
35
3
11% Jan
5
45% Feb
50% Jan, 10
V
July
35% July
8% May
1,210
77 Va
77%
9lA
9'/4
2
900
/
6
96
Feb 11
31
Feb
4
6 % Feb 11 /
12% Jan 20
8% Jan
19
4% Jan
.
3
10
35% Feb 10
.4
,2% Jan 17 ;
20% Jan 14
14
Jan .6 /
104% Feb
3
'
2
Jan
19
Jan
,
Jan
8 > July.
95
.Oct,
52.
Jan
4'
•'•//Jan.
...
33 %
Jan
3
Jan
8Vb
Jan
9%
Sep
49
■
Feb
May,
63/4 May
.
15. v July
34% Dec
•
1% Jan
:
Oct
■
■
3v,/ Mar-
Jan
26%
9%
Jan
153/4 July
94%
Jan
Dec
103% May"
34% Mai
16
Jun
Jan 10
23%
49% Jan. 25
40%
Jan
50
8 5/s Feb
3
6%
Jan
lO'/a May
19 5/8 Jan
10
15%
Jan
25% July
13% Jan 21
11%
Jan
28
Jan
25
533% Dec
Jan
28% July
,
,
13/-Feb
100%'
14
Jan
2%
26%
Jan
32% Jan
12
Jan
35
v
46
/:
July
13% July
Jan
Nov
6%
11
31
18
:
16'/a
10
Feb
Jan
47% Feb
July
Y
5
Jan
8
5
12% Jan
10
5
3% Feb
Jan
14
Jan
14
90
16%
90
Jan
69
6%
8% Jan
3
9% Jan
15
16% Feb
10
17% Jan
9
22% Jan
11
3
Jan
12%
283/4 Jan
May
9% May
31
21% Feb
Apr
43/|, May
1% Jan
33/i Jan
4
4
85
100
No Par
Transit--—No jpar
243/4 July
Jan
30% Jan
12
25
Jan
"34% July
102
4
Jan
Feb
4
99
Nov
101
5% Jan
5
8
Feb
4
79
Feb
9
8% Jan
6
4s%
9
68% Jan
,
1
Co—
Coach
Jan
3
Jan
7
•
7'A Jan. 26
43' Jan 11
preferred————1100
7%
41% July
7V4
143/4 Feb
4
>•
57/s Jan
92
;
prior pfd-
Twin
% Feb
50
18 % Feb
$4.50
6% July
Dec
5
11/
52
',12% Jan 13
53% July
Jan
33 %
6
% Jan
13% May
83/a
163/s Jan
22% Feb
5% Mar
Jan
3%
35% Jan
10
Apr
45
Jan
41%" Jan
15
5% Jan
8% Jun
Jan
Jan
v.
8%
Feb
14 %
pnferredi——No* par
City Rapid
7
•
53/4
34 Va Jan
/
Corp——No par
Corp——,
Rayon
46
15"
No par
St'i
5
4% Feb
--_lVo par
1
Twin
8,700
9%
78
27%
5
7
•:
Oil—- -10
$1.50
:
'
9'A
2
33% Jan
8 3/4 Feb
Cen Fox Film
20th
/
200
-
7%
9V8
77
9%
■::V-9
9%
32% Feb
7
17% Jan1
Corp
Tublze
2,100
7%
7%
7%
-
103
*102
103
*102
8
77%
75%/, 77%
9 '///.:
>-■
75
73%
74
'29222, :■;//■: *9 ■/■//,
7%
7%
7%
102 %
*102
102
102
Apr
10
Feb
11
Corp^-^-/r---i-i—l /■;,
preferred————--No par
Truax-Traer
■■
10,100
29%
102: /
7%
Nov
35%
Feb
Tri-Continental
50
9
*87/a
17.
7%
27%
10% Feb 11
—No par
Axle—————10
Bearing——No par
Transue & Williams
:
17
'/!,
Jan
6% Feb
Products ——-—No par
Thompspn-Starrett Co
No par
¥ $3.50 cum preferred.—
N( par
Transcont'l A; West Air Inc__
1,500
'
17%
/;///
22%
3
TransamerlcaCorp—-1—^i-,-2
13s/a
3%
17%
9%.,'
102
:
7%
9
y9
19%
*13
3%
17%
29%
*73
89
89
'*8%
13 ¥a
3%:
21%
v/
21% ?/■
29%
,■/■
*88
.
27
12
-25
(J R)——
Timkea Roller
-2,600
29%
21%
63/4
19 Va
19
*13
3'A
3%
33%
18 %
13%
*13
13%
3%
8%
16%
17
*102
18%
8¥a
8%
8 Va
87/a ■g 8%
16%
16 V4
9
*163/4
85/a
18%
18%
*13
3»A
*8%
:
9
18 Va
'83/a
8%
"
*18%'
.19
19
*13
8%
8%
8%
Jun
31% Jan
Jan
Timken Detroit
1,300
'
8%
12%
3
100
Wate? Associated
$4.50 conv preferred
-2,300
47%
/
33
Feb
—1
Co
/ Tide
'
48%
Jan
43/4
Jan
Thompson
760
V
263/a
26
26
*48
32% July
26 %
4
;
40
v;
5Va
19
Jan
8
Feb
.
4% Jan
Thermoid^, Co/—---———-*-1 • /
•/" $3 div conv preferred—
10
Third Avenue: Transit .Co.rp_.-2Vo par
2,900
35 Va
2%
2%
19t
2
7
Mfg- Co—*•_——-Na par
preferred-——No par
The Pair-/--;
——
No par
Preferred
-./ —
100
110
7%
46
-
15
Jan
$3.60 conv./
280
*12 '/a
26
///:/ 26 ^
46
46
35 m
48%
26%
49%
7¥a
Jan
Jan
23 '
,31
42
Thatcher
1,100
*
,
96
96
95
7%
May
May
10
t
-i.25
Trust—
Texas & Pacific Ry
9,500
-
:
.
53A
*12%
19%
104
26
*481/2-
.
22 Va
14'
51%
,
123/4
5%
.
2%
*183/4
13%
1033/4
1041/4
/ 26
21V4
*
35%
2%
///? 131/a
45%
35
193/4
/'■ *19
19%
13%
*45%
12%
35
'
*18%
73A
,
5%
*12%
.2%
14
513A
•
95
1%
*453/4 / 45%
35%
*34%
35%
*2%
7%
7%
5%
12%
6 Va
95
*93%
12%
5% •/
53/a
12%
6%
*5%
6Vt
51
22
82
6
Sulphur—Texas Pacific Coal & OU-A--1;—,10
Texas Pacific Land
5,200
*
46
45%
*12 Va
14
51 ¥4
*13%
51
/
3,700
!
95
*93%
8Va
8
/
46
*45%
51,
*5%
5%
95
*93%
8Va
7%
14
51.
.
Apr
Jan
Feo
58%
143/8
4
29
.No par
No par
Texas Gulf
2,000
:
Corp
Gulf Producing
Texas
1
22
20%
'14
14%
51
513/4
5%
6%
95
*93%
20%
2UV4
2Q
*133/4
'
51%?'/
*50 Va
14%
*50%
73/a
12%
v':,
27 % Jan
5
5
i
Texas: Co (The)———:
•
22 20'//
20%
14
m
20
19%
*14% ■14%
Tennessee
1
,1,500
.
35%
9%
!
7,600
47%
4%
4%
143/8i
4
28
t per share
/ :
8% Jan
-50
partic preferred
/Telautograph Corp
800
47
4¥4
35%
.
Jan
-1
5%%
50
:
,
10%:
47
4%
3
Jan
-.———9
Talcott Inc (James)—,
*■; 300
..
6V8
46%
:
4%
4
84 % Feb
Jan
T
46
11%
ll '/a
45%
4%
45%
4 »/*•
4%
-4%:
Sylvania; Elec Prod's Inc
'
4%
II1/.
*11
11%
46%
■
xl8% Jan
share
33/4
273/4 Jan
r
7,100
7%
6
5%
27
293/4 Jan
No par
1,900
"■
■
2
20
international Ltd
Swnt
2,800
(The)
—
1
*7
46
46
,
5%
4%
'
11%
45%
/:./
46%
47%
*46
:
43/4
*4%
4%
*4%
Swift & Co
"
7%
*7
Sweets Co of Amer
•
*46
46%
7Va
7Va
/
'
>11%
46%
7%.
-
7% Feb
72
10
12%
25
Sutherland Paper Co—
5,100
32%
30%
'
'
•»
100
10 3/4
31
,
Co
600
30%
31v.
32%
.
1,000
3
17% Jan
(The),
.—No par
Superior Oil of Calif—
25
Superior Steel Corp.,
——1U0
1.100
-
30 %
*9»/4
10 %
,
21 i
;
/•;'
5% Jan
10o
Co
Mining
Superheater
600
80
*30
31
*9%
31
29%
»
*30%
.
'
80
-
20%
Sunshine
/: ,c Highest
Lowest
.
S per
$ per share
I per share
Pnr
/•.A
6.800
:
/
18
20%
'
80
7Va
7
18
24
18
20%
6V4
/"••/; 29 /;,;./ 29%
6 3/8
6%
*175/a
,79
32%
303/4/
'
Shares
6%
6%
/
17%
81
*18
183/a
*18
18 Va
18 Va
*79
# per share
18%
6 3%
6%
6%
/*;
67/a
67/a
-
Feb. 11
2$ per share
Feb. 10
Feb.})
S per share
f per share
t per share
$ per share
12
Feb. 8
Feb; 7
Feb. 5
=
Highest
Lowest
•
/
•
Previous
Year 1043
Range since January 1
NEW YORK STOCK
EXCHANGE
/
the Week
Range for
/v ///,'/■
STOCKS
Sales for
Friday
Thursday
Wednesday
Tuesday
Monday
(Saturday
Monday, February 14, 1944
0HRONICLE
FINANCIAL
THE COMMERCIAL &
Oct
934 Jun
Jan
Jan
77%
Jun
6% Jan
113/4
Jun
67
97/a Jan 21
u
9%
.
56%
56%
56%
56%
56%
56%
56%
56%
1,200
Under Elliott Fisher
par
9%
78%
9%
9%
. .
56%
56
56'/2
56
9%
9%
9%
9%
9%
9%
9%
95«
5,200
Union Bag
par
78V8
78%
78%
78%
78%
79%
4,600
par
78
par
115
'
79
79
78
78 %
78
*115
115'/a
115
115
*114%
115
*114%
115
*114% 115
110
110
110
*110
110%
*110
110%
*110
109%
187/a
99 lA
99 V\
93
93-
*27%
■
l
27%
28%
23%
241/4
105%
105%
94
*94
94%
28
28
28
27%
28%
101%
101%
23%
24
23%
27%
106%
21%
21%
21%
114
*112
24
106%
106%
21%
21%
62
28%
106
106%
114,;/.
*112
62
*61
101%
94
28
102
21%
114
101
93%
24
105%
21%
*112'
99%
28
*101V2
28%
23%
*21
99%
93%
27%
102
102
102%
*101
1,700
27%
93 I/a
28%
220
18%
931/8
99%
27%
*27%
28%
110%
18%
99%
18%
94
-
*112
„^114
18%
100%
100
27%
106%
106 %
21%
,
500
25 %
8.700
107%
2,900
21%
600
106%
*112
60%
63%
62%
62%
63%
63%
24%
24%
24%
24%
24%
24%
1%
1%
1%
1%
1%
1%
1 %
34
33%
63%
500
25
*23%
*23%
24%
l'/a
1%
%¥ 1%
1%
33%
33%
/
500
1%
:
12,700
34%
9,600
12%
12%
12%
12%
12%
13
12%
12%
12%
12%
12%
12%
2,400
98%
98%
98%
98%
97%
97%
98
98
98%
98%
*98%
98%
600
6%
2,700
6%
6%
6%
*6%
6%
6%
51%
52%
51%
51%
*51%
81/3
8%
8%
8%
8%
*8%
27%
27%
27%
77
76%
76%
2%
2%
8%
27%
27%
77
77%
'2%
76
32%
2%
■
*4%
4%
9
17'A
73
73
'171% •174
83/4
8%
/
■'•■
73
73
'2
83A
98 3A
76%
76%
2%
2%
32
32%
31%
101%
10134
4% :
/'^'8
19 Va
72'A
•
174
174
/
8%
:
99
5 3/4
5%
20 Va
19%
7%
1
/
v;/c 6
15,200
99%
460
$6
19%
20%
28,000
U S
71%
1,000
u S
Gypsum Co;
178
10
*173
10
45 Va
37 Va
37 Va
1 Va
40%
*36
1%
40 ¥a
*132?4 134
52 ¥4
52%
713A
72
52
51%
52%
/
52
3
*27/a
3;//'/',?
3
•
/
2% V
4
37
44%
44%
*36%
37
37
37
U S
V 400
U 8
1%
•
1%
1%
1%
1%
1%
8,100
U S
40%
41%
41%
41%
42%
42a/4
•12,800
134
134%
136
136
%
*136
54%
*53
73%
72
72
72
X51%
52%
52
52%
121%
121%
121%
121%
120%
121%
241/4
24%
24 %
24%
24%
53%
*46
48%
53
72
24
*46
53
500
16,000
2,200
600
A
10
48%
*46
48%
1,100
V
10
Pipe & Foundry—
Playing Card Co
.
8% non-cum
—No par
--^10
1st preferred——100
L
Bel & Min
50
/■/3/¥?/':, ■¥:
■
.2%
35
86
*15'A
15%
*3 ¥4
*34
4%?/.,
35
*27/a
3
2%
2%
*84 /
15%
*4
-
35
;
88
15%
4%
35
2%
2%
85
*15%
2%
4/2%
2%
2,400
300
86
86
*15%
16%
200
3
*2%
2%
86
Preferred
■_
—
100
16%
4%
4%
*4
35%
*35
36%
600
4%
35%
160
-
5
73%
.
*165
73% ,./.
171
-/;■/-
73%
*165
73%
171
73%
165
73%
165
73%
*165
*73%
73%
73%
/•
*
preferredOff
10
19
¥ 800
Vanadium
10
/
Van Norman Co—
ff%■
19
18%
18%
18%
18%
i
10%
*10
10%
10
10
10
10
:2
39%
*10
*116%
*18%
10'4
*39
39%
*39
39%
*39
18%
119
*117%
42%
42%
*41%
42%
42%
42%
117% 117%
118 %
39%
*38%
3 9%
116%
117%
11G34
11634
42%
42%
*42%
43%
*64
70
*64
70
*64
72
*64
68
*64
*65%
68%
*65%
68%
*65%
69
*65%
70
*6534
21%
21%
21 %
21%
21%
21%
22
21%
♦4%
*52%
4%
*4
4%
*52%
53
52%
53 %
4
21%
4
4
53%
52
116%
'115
4
52
' 116%
*115
116%
*115
116%
'115
*41
42%
*40
42'/2
40
40
*39
41
*38
39
*38
39
*38
39
*38
39
*34
♦104
34
34%
108
*104
.
34%
108
'145
'145
*145
For
footnotes
see
*33%
'104
page
655.
34%
108
33%
'104
'145
33 r8
108
4%
52%
*115
*39
38%
*34
*104
*145
*18%
9%
500
Van Raalte
39%
*38%
1^0
*116% 117%
43
72
*64
72
72
70
22 %
22%
400
43
4%
53
115%
4%
53
*115
10
53
700
38%
34%
108
*34
*104
*145
34%
108
;
10
6%
div partic
200
F
500
$6 pref
Virginian Ry Co
6%
No par".
preferred
El & Pow
Iron Coal & Coke 5%
preferred-
Vulcan Detinning Co
Preferred
100
5
Works
Chemical:
Va
5
,_100
preferred—
Chemical
Va
41
*38
non-cum
Va-Carolina
115%
38%
5%
Victor
,_2.50
—5:,..
100
No par
pfd—100
;
93%
17%
Jan
18
14
109%
Jan
5
55%
Jan
26
Jan
21
1% Jan
14
hi
Jan
2% May
36% Jan 25
17%
Jan
35% Sep
3
7%
Jan
15 Va
2
94 3/4
Dec.
96
Dec
2%
Jan
9
Jan
17
38 %
Jan
66
July
9% Jan
10
5 Va
Jan
Jan
6
23% Nov
35
80% Jan
17
60% Mar
76%
Sep
25/s Jan
333/8 Feb
2%
Dec
2
102% Jan
22
4% Jan
7
Jan
7
100 % Feb
10
2 Va
3
,
173/4 Jan
9% Jan
37*
i
41% Jan
,
7
63% Jan 15
70 *; Feb 11
21% Jan
4
Feb
52
Feb
114% Jan
39
7
4
9
7
Jan 19
38 % Feb 10
25
25
100
33% Feb
102
Jan
100
150
9
4
Jan 11
100
Dec
Dec
Jan
5% Apr
43/4. Jan
13% May
3Va
3
84%
Jan
99 Va
9 l/e
Jan
19
75
Jan
174
Dec
JulS
5
59
Jan
75%
Oct
Feb
8
168
Dec
181%
Apr
17
Jan
10Va
Oct
44%
Nov
5%
393/4 Jun
Feb2
46
30
x42% July
Jan
4
383/4 Feb n
Jan
6% Feb
11
21% Feb
11
;
'111% J an
11
108
6% Jan
5
7% Apr.
19% Apr
13% Jan
114
Jan
Oct
43/4 Nov
8% July
8% Nov
9%
Jun
9% Jan
18
32% Jan
45% Feb
21
Jan
26
32
2 S/8 Jan 20
5
437/s Jan
Feb 10
136
101
Jan
130
Dec
46
Jan
62
May
643/a
Jan
39
17
1223/4 Jan 18
24% Jan 24
U
Jan
3
/jan /,, 4
* Feb 10
17% Jan
6
4% Jan
18
35'/a Jan
14
"
7
Jan / 4
73% Feb.
166
;
29'
503/a Aug
''
3% July
1% Jan
'
% Jari
Jan
'/; /' 3
56
13%
;
Dec
Oct
88 .'/ Oct
20% July
41% July
75% July
Nov
59 y4 Jan
Jan
150 i
165% Nov
25% July
15%
Jan
8%
Jan
25 ya
125/a
Feb
37%
Jan
Oct
120
Mar
Oct
3
Feb 11
115
40 Va
Dec
44%
Jan 25
51
Jan
65
11
11
15
57
Feb
67% May
Jan
118
43
66
Feb
70
23 % Feb
43/4 Jan
15
116%, Jan 18
56
Apr
'••6% July
27/» Nov
30 Va
15
39% Jan 27
July
42 Va. Jan
10% Jan 26
19% Jan
Nov
59% July
125
Jan
20% Nov
5
86
74
47% Jan
•
,
33/a May
46% Sep
Jan
112
7
Jan
3
Jan
25%
54'A Jan
473/4 Feb
37 Va May
42
July
44% Jun
29 Va
11
Jan 24
73
.
Jan
297/a Jan
5
Jan
58
3
3
Jan
293/4 Dec
Feb 10
7
4
4
Jun
Apr
11% Jan
>
4
.,
Jun
16%* Jan
99
Sep
9Va
20 S/8
4
14%;Jan
Jun
17
29
3
2Va..Jan 26
76
Jan 13
Jun
54% Jan
•
6
Jun
69Va
x26
18%. Jan
Feb
Jan
99
10
27
25
31
50% Jan
114
7% Jan
14
3
•
22% May
Jan
Jan
22
26
19
•
Jun
333/a July
68
7.
Jan 13
52 % Feb
Jan
May
11
9
Feb
40
114%
Jan
16
Oct
28% Mar
Jan
7
97
1133/4 Jan
1163/a Jan 28
100
Chemical Co—
1,600
4%
*39
Co Inc
preferred
1.900
23%
41
Vick
1st
—
Vicks Shreve & Pac Ry
70
'
7%
No par
Corp of Am
11
Jan
107 3/8 Feb
3
ilfftlVi
18%
*10
18%
18%
X24% Nov
Jan
25%
,
j.No par
Universal Leaf Tob
29% Jan 31
3% Jan 4
31 ' Jan 4 /•
703A Jan 13
164
Jan , 8. /
————No par
171
*165
171
260
Jan
24% Jan
2% J^n-28
-
conv
iV;: Preferred
79%
9
6
22% Jan
45Jan
25,
preferred
—No par
Universal-Cyclops Steel Corp
1
Universal Laboratories Inc1
$6
14
Feb
xll9% Jan 27
100
1
Stockyards Corp;
United Stores class A
Jan
106
70
/
—No par
-
preferred-^.-
non-cum
United
40
130-
,
No par
U S Tobacco Co^;
1%
,
50
Preferred
U S Steel Corp—
,96
40% Jan 3
37
Jan 10
1
Feb 2
Rubber Co—
U S Smelting
/.
20
10,
1
—
Plywood Corp
Realty & Impt
U S
500
140
52%
47 3/4
U S
600
f
100
Co———————1
Preferred
;
300
.
•
-
*
73%
171
*165
37
44%
52V4
24%
*27/a
/ '
4
*34
4'A
35
Va
46
102 % July
'28
Jan 3
Feb 9
Jan 10
Jan v 4
Jan 7
35% Jan
5
Jan
16%<Jan
110
Feb
5% Jan
87/a Jan
31% Jan
No par
^No par
preferred
U S Lines
300
31 %
*44
*713A
,'/' 121
fe-S- 2 Va
*15'A ¥15%
-
*34
*31%
♦52%
*82
*81%
16
/
*4
*73
2%
86
84
*15'A
3,500
,
'
2%
*2%
*82
9%
31%
Prior
14%
.71 %
170 ,
8%
42r
—No pur
Partic &,conv cl A-
50
-
9%
*9
9%
31%
U S Industrial Chemicals
U S Leather Co.
11,700
6%
523/4
*24%
-
112
5%
preferred—
l.ioo
6%
21%
71 ¥4
.*46
47 3A
473A
49 ¥4
*473A
121
24%
*24
24%
*24
121
121
121
121
*110
6
conv
22% July
Jan
.
—5
50
U S' Hoffman Mach Corp—
5,300
38
6
20%
53%
71¥4
•••■••■•'52-./
72
51%
31%
5%
*44
IV4
40%
9
31%
110
110
300
-
Jan
7% Feb 10
97% Jan 4
,
20
100
preferred
5%%
38
6%
20%
6
10%
Foreign Secur—
1st preferred
7%
10
178
103/a
38
6%
20%
112
-
U S &
*45%
6%
9
37
-
1 Va
40
133%
713/4
44 %
37
/
l'A
40%
133%
54
*521/4
37
40
134%
133
/
l'A
,,
¥/
9Va
31%
44%
45
45
45 %
*36%
71%
713/4
71%
*173
200
/:
United
Oct.
Jan
15%
80%
3
3
4
98% Jan
4
Feb
—No par
No par
Freight Co——i.—wJVo par.
20%
5%
—1
,
100
Eaperboard—————.10
preferred
8%
6
*110
5'/o
99 %
4
114%
1053/4
7
Jan
Apr
6
27 ; Jan 4
75% Jan 12
2 % Feb
7
28% Jan 19
United Merch & Mfrs Inc
820
8%
20
6
31%
31%
*31 /•'
112
■> a
*9
9Va
*9
9%
32
'/y//v 6
6 Va
-
2,600
8
Feb
xll8
11
3
11
19
19
12
20
Feb
Jan
Jan
19% Jan
l%Jan
33% Jan
12% Jan 27
95'A Jan 4
6
Feb 5
50
Jan 12
No par
:
8%
*45%
37% '
32
102%
22
ex-distribtion-
*3%
20%
10%
,
37%
6
20'A
*110
112
*110
110%
5%
United Fruit Co__
United Gas Improv't
62
——
,
-
102%
20
178
*10
37'A
5¥a
19¥4
*9
*31
19,100
31%
32
99
*45%
37%
3 7 ¥4
37 Va:
5%
6
3,000
23,8
conv
102%
98%
72
71%
10'A
20 Va
110%
77%
100
—
Co.:
—No par
preferred—
100 *
United Carbon Co— .—J—No par
United-Carr Fast Corp
No par
United Corporation
No par
$3 preferred----———-—-No parUnited Drug Co—;
——5
$4.75 preferred
:
No par
United Dyewood Corp.—
—1
Preferred
.-100
United Electric Coal Cos
5
United Engineering & Fdy_,
5
United Biscuit
4%
#4
20%
*173
*45%
•45%'
373/8
20
700
2%
99
19%
72%
174
•
*10
10)¥a
*10%
10%
5 3A
27%
2%
78
2%
98%
17%
18 ¥a
17 V4
*171%
'v
*45%
37
2,200
27%
.
-
10¥8
8%
76 %
28
4%
8%
.
100
99%
100 %
17'A
28
*101
101
*4%
4%
•
8¥a
'
100 Va
28%
180
53
52
8%
76%
32%
*100%
100
100
*8 3/4
32%
33%
32%-
32V4
*4y8
6%
6%
52
preferred
Jan
Feb
Jan
Jan
203/BiJan
112
Jan
10
United Air Lines Inc—
4%%
27
101
22 A
102%
863/a May
101% Feb
3
3
92% Feb
1
26% Jan 11
-5,
100
—
preferred—
conv.
'
2%
100
100
*27
33%
34%
34
./ v 52%
8%
27%
.
34
*6
51
*8%
2%
i
*51
6%
6
51
33%
/
34
33%
.
5%
5%
114
63%
23%
United Aircraft Corp
6,800
*21%
21%
114
28%
24%
25 %
*112
4%
Union
'
101
23%
Union
400
11%
Dec
113
115Va Jan It
1123/4 Jan 19
6
5.
18% Feb
93% Jan
July
Jan
17
6
Jan
8
10% Jan
82 Va Jan
5
109% Feb
par
—25
Pacific RR>Co——-100
non-cum preferred
100
Tank Car
——No par
Union Oil of California
1,000
101 %
28%
28%
102
*101
,
4,000
-
28,
62
23%
50
115
110%
18%
18%
18%
99%
99%
*93
*114%
110%
18%
18%
18%
187/s
Feb
Jan
59
42
x76%
583/4 Jan 28
51% Jan 10
9% Feb 7
Co——No
No
Union
No
Union El Co of Mo $5 pfd—No
Preferred $4.50 series
No
& Paper.
Carbide & Carb
■
Jan
26%
20% Nov
Oct
Aug
Feb
2% Jan
6% July
Jan
68'/a July
39
115
.
X123
Dec
'
Aug
20%
Jan
45
Oct
15
34% Jan
6
105
Jan 13
27
Jan
40
Oct
80
Jan
110
Aug
11
113
Jan
150
Nov
41% Jan
31
39 Va Jan
1RO
.Tan
29% Jan
353/4
Sep
■
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
159
NEW YORK STOCK
LOW
AND HIGH
Saturday
Monday
Feb. 7
Feb. 8
S per
I per share
*45 Va
45%
*10%
10%
10%
10%
26%
26%
26%
26%
*106%
*
110
49
49'A
17%
18
7%:
106 Va
11
11
'106%
110
7%
*
*107
Shares
18
7%
.•-7%
>• :
49
3.400
Wabash
RR
11%
1.800
Waldorf
System
27%
900
7%
49
17%
17%
6oo
7%
'7%
2,100
::
1,500
'
*9'A
9%
*1%
49%
1%
1%'
1%;
,
1%
1%
48%
1%
9%
49%
1% ;v
•
*9%
1%
9 Va
9%
i-9%
9%
*9
9%
9%
1%
49 Va
$ * 1 Va
1%
50%
51%
9%
12%
12%
12%
23 V*
23%
*23 V?
48%
>
48%
12%
12% :Vl3.Vv
13 Va
*23'A
23%
12%
51
50
-C
12% V13,.
*23 'A
*23 Va V 24
12%
24'
9,800
1 ' 10(>
' 13
23%
23%
Bros
3
49% Jan
11
24%
Jan
19
11% Feb
11
7%
Jan
11% May
13
i 27% Feb
11
20%
Jan
28 Va
106% Jan
19
106'A Jan
19
51% Jan
7
38%
Jan
54%
Feb
5
15%
Jan
18% May
7% Jan
11
4%
Jail
4%
Jan
%
Jan
Feb
4
17 % Jan
12
7'A Jan
3
Pictures
*22%
23%
*22%
23%
*22%
23%
*22%
23%
*17%
18
*17
17%
•17
17%
17%
17 Va
*17%
17%
*17
17%
600
25%
25%
25%
25%
25%
*25%
25%
*25%-
25%
600
Wayne Pump Co
25%
25%
25%
6%
6%
*22%
22%
22%
*78'/a
79%
*78%
18%
88
*96%
98
*88%
18
23
79%
'78 %
*6%
•6%
*23
23'A
23 Va
23 Va
78%
*79 Va
79 Va
79%
79%
6 %
6 %
18%
19 Va
18%
19
19
87%
87%
87
87%
88
'97
88%
97%
97%
98
97%
97%
89
88%
116%
117
*116'A
88%
88%
116%
88%
117
.18%
89%
89%
117
103%
103%
104%
104%
103%
104%
*103%
28%
28%
27%
28%
27%
28 Va
27%
4
*3%
28%
28%
4%
3%
4Va
140
2,500
;
4%
2,200
9%
*9%
9%
*9'A
o%
*9%
9%
10%
10%
10%
1,600
41%
41%
41 »A
41%
41%
41%
41
41%
41%i.42%
6,000
23%
23
23'/a
22%
22%
23
23
22%
23
22%
23%
3,300
23%
}
22%
22%
23 V*
23
23 Va
23 Va
23
22%
23
23
23%
5,200
Westinghouse Air
93%
3,400
Westmghouse El &
92
92%
130 %
*129
;
X91
130
*33%
27%
104%
34
*107
21
21
20%
20%
107 '
59%
*20%
107
*107
60
*57
*57%
108
60
59%
90
99%
99%
21
21'A
*21%
21%
66'A
66%
66%
67
V 280
18%
13%
18%
*18%
19
;
20%
20%
21%
21%
21V4
670
<
1,100
'
66%
*
18
66%
66%
66%
66%
19%
18
18
20%
20
20%
'7%
7%
7%
♦
*18
*17% .18%
%
20%
20%
20%
20%
7%
7%
66 V2
'66%
67 V;
5%
5%
68
25%
*24%
7%
7%
6%
7%
•
8%
7%'
7%
.
*
7%
*4%
4%
6%
13 V
6%
6 Va
23%
11
11
*120%
■—*
*105
103
*94%
-
39%
38%
•
23%
24
*105
110
11% ■:
*120%
:
21%
38%
*23%
*
103
38%
38%
24
23%
94 %
*80
82
*67%
68%
24%
*105
103
*94%
50%
50%
*50'A
51
51
51
52
52
*51%
53
*52
53
*51%
82
*80
82%
*82
83%
69
*67%
69
*68% •69
82
*81
82
.
*67%
68%
68%
Min
29%
28%
28%
10%
*28%
10%
11%
10%
10%
10%
10%
10%
10%
14%
14%
14%
14%
14%
14%
14%
1,100
101
*100
15
15
14%
35%
36%
35%
36%
36%
*100
101
36%
36%
100
100
•
100%
36%
15%
15%
36%
34 Va
34%
34%
*28%
36%
100%
15%
15%
/'
••■■
•.
100%
101
15
15 Y*
*28% ■'29
15%
29
36%
Springs
31%
Dec
4% Feb
Jan
6 Va
Apr
11%
Apr
7% Jan
10% Jan
5%
12
37 Va
Oct
49%
Oct
22
Nov
24%
Dec
23% Jan
Jan
5
5
31
15%
Jan
24% May
108
Jan
5
Feb
9
52
60
Apr
Feb
2
85
Jan
99
Oct
7
22% Jan
5
18
Jan
24% July
28
68% Jan
19
58%
Jan
71% July
2
15
Jail
20
13%
Jan
22% Aug
3%
Jan
2%
Jan
59 V
,
100
18
Feb
7
19 Va Feb
20
Feb
7
22 Va Jan
7'A Jan
5
24
Jan
8% Feb
26
57/a Jan
x64% Jan 24
24
71
X20
Jail
27
14
Feb
3
Co
5 Va Jan
12
Jail
6% July
7% Jan
2 Va
Jtm
9Va
8
Jan
14
Jan
Jan
3
9% Jan
11
80% Jan
4
86% Feb
9
10
10% Jan
5
11% Jan 25
„
6%
pfd
20% Feb
36% Jan
10
3
No par
20% Jan
100
105
—100
100
—
series
94
pfd 4 % % Conv series
No
(Del)
9
Mfg. Co..
39% Jan
Jan
17% Jail
,
30%
1
Jan
16%
22
25 % Feb
4
Jan
Jan
86% Oct
11%
121
Apr
Dec
24% July
42 Va July
25%
Oct
105
Jan
27
104
Dec
149
94
134
Sep
Sep
54
Jun
57%
Jun
Jan
12
5
Jan
5
Feb
Jan
12
100%
Oct
51% Feb
11
44%
Jan
53
Feb
3
46
Jan
4
84
Jan
78%
Dec
68% Jan
17
70
Jan
58 Va
Jan
28% Jan
25
14% July
9 Va Sep
27
81
par
Jr
Jan
Jan
49
13
par
(Wm)
:
47% Jan
100
No
Jan
57%
JairTii
22%
10
Oct
Jun
:
%
115
10
(F W) Co
preferred A
6 % preferred B
4
100
Iron Co—
Oct
Apr
Va
2%
—No par
Pow
7 Va
86
25 Va Jan
8
10% July
Jan
27
12% Jan
No par
Jun
40
Jan
6
Mar
Jan
4% Jan
5
-
July
29% May
112 % Jun
22% Nov
106% Jail
66% Jan
^«U-20':
preferred
El
Feb
30% Jan
12
,
8
——1
10% Feb
4
11% Jan
No par
Sheet & Tube—No par
3
15% Jan
21%
17
Jan
108
Apr
70'/a
31%
Sep
S-rp
31
14% Jan
young Spring & Wire
7%
Youngstown
5 '/a % preferred series A
4
38% Jan
15
30
120
100
96
Jan
6
101% Feb
3
82
Youngstown Steel Door...
No par
13
Jan
3
15% Feb
1
34%
Sep
44 Va Jan
22% Jan 20
No par
1
York Corp—
6,100
15%
Jan
Oct
24'/a Jan
Feb
41
2%
11/
5,100
:
100
15%
Jan
3% Jan
No par
preferred
Yale & Towne
700
36%
100
■
19
1
Wrlgley
,
13,100
14%
5
20
-
Wright Aeronautical
100
14%
29
Prior
Woodward
40
10 %
28%
(The S S)
Co—l.^
Prior
*14%
32'A Jan
20% Feb
Prior pfd 4 Va %
14%
27% Feb
Jun
16 3A
110
3
—
10%
Jan
9
800
29%
103
119
Jan
12
200
10%
17
Jail
97% Jan
Wilson-Jones
,
14%
106'/a Jan
22
1%
*28%
•
Feb
103
87% Oct
Jan
•
11%
59% Feb
Worthington P & M (Del)
69
109
14
105% Jan
51%
*68%
57
10
20'A Jan
Jun
Woolworth
82%
11
117% Jan
4
31
53
82%
90% Feb
22
Jan
2,500
103
51%
51%
3
Jan
16% Jan
116
28
110
50%
'Oct
25% Jan
6,500
.
99
No Par
$6
600
38%
67% Jan
Nov
July
Wilson & Co Inc
500
21
Aug
40
900
11%
■
Dec
85
100
Wisconsin
21:V
51%
52
1.500
*120%
V''
13
Willys-Overland Motors—-—.-*^.1
6V* conv preferred
10
18,000
-
Jan
par
Wilcox Oil & Gas Co—
100
9%
101
20%
Jail
136
vk>.
6,500
86%
Y;-/*llv.Y
;i:2M0
110
*105
'
13%
8%
86
11%
38%
110
*94 Va
13%
8%
87%
20%
24
23%
*105
103
6%
*120%
X38%
23%
*11
-
21%
38%
*86
110
4%
6%
13
8%
86%
*11
22
110
*94%
103
,
13
8%
86
4%
6%
4
Jan
Jan
White Sewing Mach Corp
$4 conv preferred--.
2,200
■!'•'.j&'h*'V;
25
4%.
*50%
50%
:
*51%
*21%
21%
23%
23%
*94%
-V-'.--
13
8%
8%
85%
11%
*21%
38%
110
13
8%
85%
8% -•'
*11
39%
13
12%
86
*24%
% 96% Jan
85V2 Jan
8%
50 Va
Jan
White Rock
.800
5%
70
10
Jan
Instrument
White Motor
7,100
7%
5%
.
*67
25
*4%
6%
*120%
*105
*50
4%
6%
8%
11%
39 Va
*24%
*4%
12%
21%
5%
70
*67
.
25
*24%
25
5%
70
4%
*85
*120%
*21%
5%
"67
6%
8%
86
11%
*24 Va
25
5%
5'A
70
6%
13
*12 VA
*67
*4%
6%
*85 %
5%
'
70
*24 Va
5
*4%
5%
68
Feb
31
preferred
Elec
'
5%
*66%
7
89
81
partic
White Dental Mfg
400
21%
20% Jan
3
July
July
26 Va
79%
S4.50 preferred
No par
Wheeling & Lake Erie Ry——100
5 % % conv preferred
100
Wheeling Steel Corp
No par
$5 conv prior pref
No par
600
99%
9
Jan
8 Va
Jan
Jan
120
1st
40
99%
18% Feb
2 Va
17% Jan
69
14
107
100
10
25
107
59%
8
79% Feb
24
27%
99 Va
14
7% Jan
24% Jan
6
Sep
Dec
July
Jan
Westvaco Chlorine Prod
59
26
Jan
*27
107
Jan
34
27%
100
17%
96% Jan
*27 Va
99'A
20 Va
14
Apr
23 Va
Jan
133
27
107
Jan
12Va
Feb
x27
*55
15 Va
Jan
27%
59
7
32
*27
108
32%
129
Weston
100
July
153A July
Dec
7%
x91
34
100
Jan
22
50
*32%
*55
May
2% Mar
56
Jan
—50
34
*107
13
Jun
12.50
131
*32%
>
Oct
9%
25 Va Jan
6
July
Jun
4
3
par
Mtg—.!
*128%
34
27%
27%
21
93%
-93%
131
*33 V*
59
21
92'A
*128%
34
129
129
100
99%
130
*128
yftfao
Brake—^_No
26
Dec
109
Feb
23% Jan
,
83
100
*33'A
108
*55
s;
92
91%
92%
Va
Class B
Jan
40 Va
19% Jan
1
26
1
100
34
130
*33%
'27%
91%
91%
9%
Feb
Jan
West Va
41%
*8%
if 41%
23%
*103%
17
6% Jan
Power 4%% pfd—100
Pulp & Pap Co
No par
6V&. preferred
'.
100
Western Auto Supply Co
10
Western Maryland Ry
100
4% non-cum 2nd preferred—.100
Western Union Teleg class A-J/o par
900
15
77
West Penn
360
i
18%
22
10
22 Va Jan
par
preferred—.
preferred
6%
.180
I
28
28
90%
116%'117%
*18
104% <;
104%
4
4
4
3%
4
*3%
18 Va
1%
210
13% Jan
:
No par
Indies Sugar Corp
3
ij. 23
par
No par
West Penn Electric class A„No
150
97%
90%
18
27%
18
West
16,300
v'
97
117
18
104%
18
18
19%
11
24% Jan
103
3
1% Jan
51% Feb
22 V2
JVo
«.
$4 conv preferred^
Feb
9
16% Jan 21
—1
Wesson Oil & Snowdrift
700
200
*87%- 89
90%;:.:
V 117
18%
*18
18%
•
80
27
; 23% Jan
5
„
Elsenlohr
Webster
1,100
—23'/a
19'A
'
V
->6%
•
23
*79'A
89
97%
6%
/
:
18% •19%
86%
97
&:'i
/■:
117 Vs
117
6%
23
6%
6%
23
86%
19
*86%
6%
23
No par
No par
..
Jan
Jan 27
11% Jan
3
8
.45
5
—*
18
1% Feb
j.50
Fdy & Pipe
Washington Gas Lt Co
Waukesha Motor Co
*22 %
48
No par
No par
i
Warren
;
:*23Va.
Jan
No par
*22%-
24
Highest
f per share
100
preferred
Warner
$ per share
26% Jan
...
No par
—
$7
I per share
10% Jan
par
W—No par
G &
preferred
Ward Baking Co cl A
Class B
;■ 2,500
40
Year 1943
Lowest
No par
Waiwortn Co—
1.000
,
preferred——100
No
(Hiram)
Dlv redeem
700
:
'
49
49
Walker
48%-
.
4%%
Walgreen. Co....
4 % % preferred
*107Ill
'
•
49
*17%
# per share
11%
47%
:
.
Ill
x48%
17%
1"
7%
7%
7%
27%
Range since January 1
Lowest
Highest
EXCHANGE
27%
11'Va
49
17%
$ per share
Range for Previous
NEW YORK STOCK
the Week
47
11 Va
27
Va
110
49
18
46%
11
27
106 Va
49 Va
49 Va
*17%
18
47
V2
V
*26%
27
49%
7%
46
45%
11
*26%
110
49%
*17%
7%.
45 H
44%
44%
for
Feb. 11
share
s per
S per share
Sales
Friday
Feb. 10
Feb. !>
$ per share
share
STOCKS
V
Thursday
Wednesday
Tuesday
Feb. 5
RECORD
SALE PRICES
35% Feb
Jan
Jan
17%
July
41% July
Jan
9%
98
Nov
Jan
16%
Jun
Z
*34%
34%
*3%
*4
4
*Bid
and
asked prices;
4
4%
sales on this day.
no
Zenith Radio Corp—.
Zonlte Products Corp.
600
4
600
tin receivership,
a
Deferred delivery,
n
New Stock,
r
Cash
sale,
s
.-"Wh,
■■
-
Transactions at the New York Stock
Stocks,
Number ol
Friday
—
~
—.
—
—
Total
^
Railroad '
and Miscel.
Shares
Week Ended Feb. 11,1944
...
36% Jan
4VaJan
19% Jan
12
19
24
'
wdWhen distributed.
Special sales.
iu-mian,
'
x-Ex-dividends.
y
Bonds
310,240
572,576
608,390
$8,063,000
17,606,100
13,213,700
625,795
860,080
844,700
16,709,700 1
19,093,200
19,299,200
3,821,781
■
Total
Government
Bond
;
;
V Bonds
1,000
$26,500
$1,925,000
188,530
$95,936,400
206,965
Foreign
Government
$1,000
1944
7,000
610,000
15,000
524,000
728,000
24,955,495
610,000
775,000
11,000
2,000
$6,000
783,000
$3,611,000
$41,000
$6,000
$3,658,000
1944
$26,500
$37,000
1,179,000
$1,161,350
$324,700
1,925,000
12,636,000
14,588.500
93,984,900
44,929,800
490,680,500
392,594,100
$95,936,400
$46,145,800
$504,477,850
Stocks—No. of shares——.
S.
Government
Foreign
Railroad
&
industrial
Total
$407,507,300
1943
621,000
Jan. 1 to Feb. 11
A-,:
1944
1943
1,043,905
1,184,820
6,994,460
5,855,976
$3,611,000
$3,143,000
$24,269,000
41,000
89,000
473,000
6,000
3,000
88,000
$24,726,000
1,065,000
26,000
$3,658,000
Bonds
U.
733,000
5,000 /
1,043,905
Total
27,723,406
5,055,044
Total
$387,000
509,000
.
1943
3,821,781
Corporate
•
196,880
Jan. 1 to Feb ill ^
.1943
■
603,000
171,065
Wednesday
ThursdayFriday
19,536,200
-
$386,000
186,530
Tuesday—
19,475,200
Foreign
Domestic
93,935
Monday..—.—
13,691,700
17,098,200
6,000
•
Shares)
Saturday
17,854,100
s. 4,500 !■
384.000
of
Week Ended Feb. 11,1944
$8,281,000
1,000
4,000
Bonds (Par Value)
(Number
Sales
$10,000
376,000
236,000
$93,984,900
Exchange
Stocks
United States
Week Ended Feb, 11
shares
37% July
4% May
Daily, Weekly and Yearly
'
Foreign
Bonds
Week Ended Feb. 11
of
Jan
Ex-rights.
Transactions at the New York Curb
Exchange
$208,000
247,000
474,000
1944
Stocks—No.
2
■
Daily, Weekly and Yearly
.
3
3% Jan
""
11
Saturday...
Monday—
Tuesday™—
Wdflnesday.
Thursday
33% Jan
,.No par
1
$3,235,000
$24,830,000
$25,817,000
Bonds
Domestic
Foreign government
Foreign corporate
Total..
Stock and Dond Averages
Below
listed
on
the daily closing averages of
the New York Stock Exchange as
are
representative stocks and bonds
compiled by Dow, Jones & Co..
-Stocks-
-Bonds10
30
20
10
10
First
Second
10
65
Indus¬
Grade
Grade
Utili¬
Indus¬
February
February
February
February
February
February
Rail¬
trials
Date—
10
Total
roads
ties
Stocks
Utili¬
Total
40
Bonds
trials
Rails
Ralls
ties
47.79
107.11
105.16
73.13
110.38
98.95
47.59
107.09
5—
135.12
36.10
22.32
7_„.
134.22
36.14
22.34
105.25
73.39
110.34
99.02
8
135.06
36.43
22.42
47.90
107.06
105.38
73.99
110.38
99.20
9—
135.03
36.38
22.48
47.89
107.06
105.30
74.49
110.44
99.32
10
135.55
37.41
22.66
48.37
107.05
105.59
75.28
110.48
99.60
11
135.41
37.46
22.63
48.35
107.09
105.58
75.49
110.49"
99.66
'
;
.
■
THE COMMERCIAL
656
Monday, February 14, 1944
& FINANCIAL CHRONICLE
.
Bond Record «» Mew
FRIDAY
narais s&sri
tt.
letters in the column headed
The Italic
York Stock Exchange
-7 YEARLY
WEEKLY
-
s sstK m c2T»ix'l%° r«c"ou ot
in each case the month when the bonds mature.
"Interest Period" indicate
>
,
,4
,
,
^
mm
77 7-
Week
Last
Interest
Exchange
Ended Feb. 11
or
U. S.
Treasury
4%s
Treasury
4s—
Treasury
1947 1992
—-1944 -1954
-1956
—1946
-1946
1944
-1949
—1946
-1952
1949
■1948
1946'
3%s
3 Vis—
3Vis
3 Vis
3s
3s
27/as
2%s
Tree
%
try
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
—
2%s
2%s—
2%s
2%s
2Vis
2'/2s
2Vis
2Vis
2Vis
2Vis
2Vis
2Vis
2%s~—
2 Vis
2Vis
2Vis
2 Vis
2Vis—
2s
2s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
7 Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
3s
1953
I'lJ
J-D
»-
*107.5
M-S
100
100
100
103
100
100.1
100
J-D
100
2
100
*100.10 100.12
100.9
*106.17 106.19
106.9
J-J
J-D
77.
:
—
-
__
•
M-S
»
'»-■
M-S
M-S
—
•
J-D
101.7 ?
1 *100.27100.29
1
100.13 100.13
J-D L
1964
^
•
M-N
!
_
■
J,'
*100.7
'
J-D
100.8
100.13
■*101-
Public
wks
100.28
8 A 2d series sink fund 5V2s
1940
Greek Government—• v '•,
100.18 100.24
A7s
,101.3 "'
A6s
part
paid
:
-J
(Republic)
Issue—
J-D
108%
39
109 V2 110
110
110
35
120
Broadway,
assented
stamped
Assenting 4s of
12%
s
ASec external
1-1693
AMontevideo
series
South
1968
1945
s
1945
f 7s series C
J-J
External
s
f 7s series D
AExternal
s
f 7s
7-j
*11
1st series
s
1959
7s
A
Wales
,
J-D
iflfi?
F-A
1958
17%
Oslo
17 >/8
25
17
18%
A Panama
A-0
*16V2
^le'/a
A-0
17%
98%
100 Va
*100
1941
J-D
53%
1957
1957
A-0
51
F-A
85
A-O
85
AExternal s f 6%s of 1927-'.
(City)
Brisbane
s
v
94
32
92
94
"17*
92
90
17
88%
(Dora of)
Canada
25-year
*101
30-year
1961
1967
1968
AChile
(City)
(Rep)
A 63
6s
A 6s
W-...
33%
1954
92
95
95%
98%
95
77
77%
12
72
32
72%
18%
—1953
7
101 %
101%
101%
102%
103 Va
36
*17
101%
18
18%
:
18
*18%
M-N
17%
I
19
19
A-O
35
18
16%
.16%
1
'
A-O
17
18
F-A
18
18
/■ 1
17%
47
18%
1
18%
34
1961
17%
F-A
J-J
18%
1961
J-J
17
18 %
M-8
1961
y-s
1962
.
18
103
1
1957
M-N
•):&: 9
1938
J-J
40%
4OV2
40 Vz
39 V*
39%
40
external
1962
M-N
1962
Svdnev
AUruguay
19
3
35%
(City*
s
;19
12%
VV-
—•••5-::
10
f 5%s__-.~.—>1955
F-A
AExternal
sink
18
AExternal sink
3%s-4-4%s
19
17%
18%
External
External
.
19
18%
1°%
18%.
30
■16%'
39
17%
19
3%-4%-4-ft,
.
.
-
;.
6s
1960
M-N
1964
M-N
1979
M-N
>>>1979
M-N
readlustment
conversion
.
10
11%
15%
12
15
14%
91
.
7
7
92%
--
•?-'■■
•.
*87
68 Vz
.30
60
69%
68
68%
*59
63"%
61
61
61
61
>>>1978
J-D
*61
69
69
66%
70
readjustment—1978
F-A
60
59
60
J-j
60
conv
3%8 extl readjustment
external 7s
A4%s assented..
4
>>>1984
—1958
..1958
7
12%
65
extl
(City)
.
*86
fund 6s
fund
92;?%%
91
*88
($ bonds of 19371—
4-4¥4-4.%s extl
AWarsaw
19%
91
F-A
■|.
11%
14
10
18 %
60
7... 31
12%
10
17%
■;56 %
58
*4%
1946
33
.56%
J-D
tRepublio) -extl 8s
36
30
14
-Vy,'
J-D
7s
41
39
33
32
1958
extl
41
39
>1958
of)
33
38%
■
11%
16%
.
11%
M-N
(Proy
37
30
12 Va
A-0
83%
35 Va
ll7/a
•
35
81%
,31
(Kingdom)—
secured
17
..
1940
7s
series B sec extl
18%
16%
.
1
s
A4%s assented.:
10
18
,■
A 7s
19
1"%
18
extl dollar loan
ASilesla
13%
37
■•■.16%. 18
-
:
8
31%
35%
,34
.
36%
33 %
34
>'i:
83 Va
A 8s
v
18
A-O
A-0
.
35%
41%
; "
29
.
4
31%
5 A Secured
103%
39
2
34
:
36%
Serbs Croats & Slovenes
103 %
23
102% 103
.
10
103% 103%
33%
33%
83 Va
A 6s
102
35
102% 102%
103 Vs
31%
35%
'
101% 101%
J-J
Sep 1961
105
101% 101%
101%
39%
35%
50%
103
30
52
'•
;•
38%
36
,35,
M-S
8s
15
36
34
v
lOOVa
M-N
(State)
14 Va
7
32 Va,
34%
'
18
50%
*34
-—.-mt
2 V- :v
37%
1952
1968
J-J
5-v*
-
7
31
J-J
M-N
'■•■
:
12
35%
39%
31
M-S
104%
12%
1964
1956
56
37
.
31%
31%
M-N
extl water loan
104% 105
■
14
fund 4s
|ASan Paulo
7-
13%
:'7
24
36%
J-D
A7s
104%
11%
■■■■'
5
12%
12
A-0
J-D
1967
loan
Fe external sink
ASao Paulo
-
■
i'tlii'-".
'
—I960
-
13%
17
101% 102
109%
J-J
■
*43 Va
1968
20
20
v-
7-«
V *24
12%
A-O
1940
20 Va
16%
:
^
(State of)—
sink fund gold
16%
89
•V.rVO'tf:
F-A
F-A
__
35
30
.
djijti
M-N
•
90%
v,
1
36
J-J
108%
<
35
1950
33
.
.
31%
21
18
17% ,18.
J-J
1966
external
108% 109
19
17%
88%
<-V'v>
7
33 Va
32%
87
87
|;9()|;;7/i 7VVT,;;,
90
J-D
j1961
A 8s
_19B2
8s
7%s
6%s_—
municipal
*8~r%
J-J
54%
1981
660.
1963
50
r
85
1183
*105%
A-0
60
109
83
89
J-J
*52%
A-0
95
..."
f;;
A-0
1947
M-N
J-J
96%
94
90
*12
1950
7
98
98
5
*10%
—1968
94
98-
'
94
94
A-O
80%
Sep
nap^
f 7s
gold 8s_.
-I'd.'
••
100
6
*83
90
93
100
.
*87
'-y-;',;
A-0
80
Jan
pee
W
94
; •;
-
97
93%
9
'S'
(City of Brazil) 8s
A6V2S extl secured s f
Santa
89
:
96
06
1961
1940
eXtl loan of 1921
A 7s
M
96
18
73%
1961
sinking fund 6s
s
(City of)
A 6s external
80
Jan
assentpd
A 8s
92
89
■
13
98%
*98
1958
fund
Rio Grande do Sul
•
81%
77%
16%
assented
sec
35
357-'
92
'
•
18 W
73%
M-N
1960
'
77%
•
Feb
f 6s
93%
,92
1
6
AExtl
'
—;;
32
>32
,
'
■
97
J-D
6
1942
Feb
54.%"
12
sink
Alegre
21
■
93
M-S
26
J-J
6s
.
18%
—
r
AM
A-0
1959
80
1958
AExtl sinking fund 6s_^
A 6s
18%
v
,;»:7
100
1960
f 6s 1st ser
78
15
assented
AFvN?rnal
98%
*95
•
77%
J-J
assented
An.v external s
a
v
93
98
i960
fund
.49%
95
93% i
,
93
J-J
f 7s
.
s
77%
1953
assented
sinking
^ -J
*100
32 V4
77
1948
AExternal sinking fund 6s
A 6s
931/2
.
93
51%
47%
54
22
:•••
•>
15 Va
14%
V".'
17
95%
■.
M-8
80
15
A7s assented
AExtl
■
53% bv i*
•
•
33%
93
96
M-S
78
1942
s
51
52%
10%
16
*88
1947
A-O
15
8s
External
50%
,
11%
9%
16 Va
10
32%
—1967
7s
A7s external loan of 1926
Jan
ACarlsbad
9%
*90
.
M-N
J-D
APrague (City of Greater) 7%s
1952
Queensland (State) extl 6s
1947
A Rio de Janeiro
(City of) 8s__—-1940
51%
47%
of)
external 7s
loan extl
AExternal loan
54%
,50
51
V;
J-D
Jan
38
51
M-S
Jan
!
3s
95
51
State
t
(Rep of)
APorto
''
11%
10
.
32%
...
1963
1994
to
ext
A4%s assented
V
1975
_1984
1960
3s
54%
;
A-O
F-A
3s
53 •■■'
50%
M-8
30-yr 4s
2 Vis
102
■■"
3%s
A4%s assented—
101
M-S
3'As
30-year
100%
101
103
'
"•
.
M-N
ref 3%s series B
AExternal
v
101 *
*100% 102
J-D
100%
extl s 1 5s ser A-1963
AStabilization loan
94%
.
17 Va
'
*15%
A-O
A4%s assented
,
90%
.
J-D
A Nat Loan extl s f 6s 2d ser
lAPoland (Rep of) gold 6s
f
94%
88%
1961
External read) 43/8-4%s—
External s f 4J/2-4%s
3% external s 1 $ bonds
86
92%
1977
f 4Ve-4%s
Refunding s f 4%~41/2S
85%
82%
92
___1978
.1970
stamped
A6s
External
82%
51
92%
F-A
V
.'■:
92
Bf-N
1958
1950
f 5s
s
Sinking fund gold 5s
:
M-S
J-D
Sinking fund gold 6s
Buenos Aires (Province of)—
85%
J-J
1952
—j-1957
(Central Ry)
35
85%
84%
92
mod
sec
A Nat
94%
23
.
84%
.
'
A7s
q-j
92'/a
92 Va
F-A
1970
—1955
(Rep>
APernambuco
APeru
17
1963
f 5s
s
Stamped assented 5s
Ext
17%
59%
J-J
external 8s
Stamp
57%
M-S
f 7s
A
18
23
;
1955
1955
AExternal s f 6%s of 1926
17
•
17
—
17
*18% ■'■— fl'i 7%' ;
F-A
fund 4%s—
sink
<Clty>
17'A
__
99%
M-N
6s
Municipal Bank extl
16%
4
16%
16%
A-0
59%
..
20
11%
*12%
•'¥
A-0
1944
......,,
5s
fund extl loan
sink
18%.
99%
f 6s
4s
18%
17
J-J
f
s
A-0
17
lt%
'Id-
:
i
'
*14%
:
M-N
1965
17
59%
s
V
■
T1"
(State)—
4%s
17
M-N
External
'rl';
11%
i- \
M-S
1952
1959
f 6V2S
fund
3
11%
77-.:./
■■;.:•
iv.'i.
*16%
•
;
M-S
sink
9
J-D
external 4'/2s
SABrazil (U S of)
11%
7
'
MS
11
'
18%
90%
'
:
...1958
..1956
17 Va
(City) external 5s—___1958
(National Government)—
1948
S f conv loan 4V/2S
1971
S f extl eonv loan 4s Feb
1972
S f extl conv loan 4s Apr
1972
Australia (Commonw'lth) 5s of '25-1055
External 5s of 1927
1957
External g 4'As of 1928
1958
Belgium external 6V2S
1949
Antwerp
s
VB
*17Va
>•
4%s
17
17
14
89%
/
*9%
,'v
7-7
fund
17
17
;
17
Argentine
External
Va- 90 Va
90
98%
16%
■
9%
sink
17
17
J-J
18 V4
12 V«
14
7' *14%
External
51%
*63
J-J
1945
1945
>1945
1957
f 7s series B
s
S f
62%
•
1
50%
1-5
External
50%
M-S
4s
coll 7s A
External
A-O
AExternal sec s f 7s 2d series—1957
AExternal sec s f 7s 3rd series»1957
A
80
62%
98%
13
.
Va
"ii
*16%
5,1942, agreement
f 6
(City)
external
Norway
52
F-A
1948
AExternal
■
7S%
79
'
»Siaie>—
external
External
1947
AGtd sink fund 6s
A
19%.
98%. 98%/
12 Va, 12 V# <■
.
'•
Q.J
Q-J
1913 assent—1933
External 6 t 5s
tund 6s
tDept)
17%
16%
■
1904
Assented to Nov.
(Colombia)—
A'kershus iKing of Norway)
A
101 Va
;
17
16%
1943
US)
1
Mlnas Geraes
ft Municipal
Mtge Bank
AAntioquia
99-V 4
101 Va
I8V3'
*16Va-
■
_
99%
i
.100
*62%
agreement
1954
Assented to Nov. 5,1942, agreement
AAssenting 4$ of 1910
1945
NY
86 »/a
.
94%
.
*78*
Assented to Nov. 5, 1942,
New York
86%
•
84
*
'
M-N
A 6s
AGtd sink
1
85
■
SSVa
-
A-O
1943
New
Govt,
87
1
2-2300
Foreign
70
—,
•
Assented to Nov. 5,1942, agreement
Agricultural
67%
Irrigation-—
§ATreasurv 6s of
REctor
17
A-0
extl 5s of 1899 £
AAssentlns 5s of 1899..
;
Telephone
75%
70—
'
J-D
A Sec
71 Va
*28%;
J-D
Teletype
72%
74%
4
*»
1954
A Mexico
York Stock Exchange
61
69
22
*101
Assented to Nov. 5, 1942, agreement
Members New
60^8
59%
72%
*—
:
M-S
(Prov) 4s readjusted
A4%s
Wertheim & Co.
146%
60%
1
61
*84
.
A-0
Foreign Securities
104%
104%
139%
75
*85%'
M-N
A
104%
■^■*->/v>: 8? -//
J-J
•
;R60
Mexican
100%
:
__
73 Va
■
:'-J-D ":■
A Medellln
ri
•
-I960
Irish Free State extl s. f 5s—
Mcndow
__
Vz
A-0
AJugoslavla (State Mtge Bk) 7s
l'<57
; t Colombia )•
6 %s__—J954
1980
Corporate Stock
.
69
:
1988
/
Helsingfors (City) extl. 6%s.i
65
72%
W
A-0
f 6s series A—1952
s
22%
61
part paid-»—>^-^1964
Haiti
64
21
*60V2
1949
/ ' •'
-
57%
21
59%
A-O
1969
1969
,1967
,1945
-1949
unstamped
34
;
146Va"i46Va:
A-0
,7s
34
34
!$
62 Va
•
*105Va
M-S
French Republic 7s stamped-^
—
"
M-8
1940
1st
'
42%
64Va,
103
A-O
1926--
5 V2S
,', .7
^ 1 '.'1^
.
'■
59 '/a
59%
39%
% /'34 fi
104% 104 V4
■: F-4 m.
5%s
gold
•'•
l'
36
'
J-J
57%
.30
*104% —
4-0
External gold 4%5_
7s
17%
57%
:
37
*100
*
■
J-J
—1953
5'/2s
Finland (Republic) extl 6s„i
100.13
100.28
•
100,18 100.18
„
debt
serie.s.^
-5%S 2d series-—,
^Estonia (Republic of)
*100.22100.23
-
M-N
J-D
external
4
60
21
A-O
^*101.1110lvl3
7
ft.-3:
Corp—
16%
62
62
J-D
105.5
*105.3
.
.1977
,
17%
15%
64%
:
MS
t,
17%
I SKf i
41%
O
■'.*
.
M-N
Customs Adrain 5Vas 2d series__>1961
100.13
17 v»
16%
11
;
•
36
■'»*
M-N
1955
1962
lADominlcan Rep^Cust Ad 5V2S_»1942
100.25
100.5
17%
r7:
■
19
57%
■
40%
F-4
:
SA 1st series 5%s of
100~21
*57
■
•
..
F-A
4%s
Sinking fund 5%sw—
.
ioTs" iOL8~
•'
J-D
1945
*100.16 100.18
,
.1952
.-1953
(Rep of)
loan
External
*101-14101.16
*101.12101.14
%
23
F-A
(Rep of) 8s ser A^1951
ASinking fund 8s series B
1952
5 A Denmark 20-year extl 6s
1942
104.8
104.§
*101.5
J-D
——1947
'
40%
M-N
A Czechoslovakia
*101.18101.20
..
M-S
104.8
15V4
4-0
1949
A
*104.15 104.17 '
U-
J-J
J-D
-
*101.31 102.1
,
1947
1946
>.—
4-0
1949
107.6
*104.6
__
17'A
57%
j-j
1970
1951
1944
4 %s
,
*107.4
J-D
1950
*101.31102.1
__
J-D
bonds.
External
•
*4
*21
A-0
1981
Oct
Jun 1961
-—
f $
s
External 5s of 1914 series A
106.9
18
16%
16%
J-D
7s
i
(Republic of) 5s of 1904
Cuba
100.10
J-D
.
external
ACosta Rica
100.1
M-S
J-D
.
Transit Unification
10
16
—-7%.V•
M-S
7s
; ASinking fund 7s of 1927
Copenhagen (City) 5s_„—;
25-year gold 4V/2s
100.3
100
100
14
45
17
M-S
1960
17%
v.'!•.,•.
15 Vi
,.1960
17%
16
;
■'is*.
■;
18
17
23
:
/ .i7%1
16
M-N
Mtge Bank 6%8__
ASinking fund 7s of 1926_
'
17%*
■
M-N
A Colombia
100.11
*100.9
M-S
A_—■»——.—...1944- 1952
series M_
,_„1945- 194?
New York City
:.7';;7
106T8
*103.15103.17
»
J-D
1950
—19441949
—1944-
106T6
6;;fe
17%
26%
17
^1962
1928
A6s of 1927
3s
104.2
High
(Republic of)—
of
A6s
;
'
J-D
1947
—
111.12
107.7
*104
__
M-S
1950
i—1,
ilTli
Low
1le%:
'
59
17%
16
4-0
Chinese (Hukuang Ry)
Colombia
.
*106.14106.16
*106.20 106.22
iiM-Svlf
Mar 1948-
'
111.7
103.10
*103.8
January 1
NO.
18
16%
,7'v7.".
/
,„>1962
i.
A7s assented
A
111.11
111.9
Range since
.
Sold
High
•
%;
4-0
1961
A 68 assented—.—
t
16
17%.
J-D
1961
AGuaranteed sink fund 6s
{
lOilT i09^3~
*111.18 111.20
„
sink fund 6s
assented-;—i.
A Chilean Cons Munlc
,
'
Bonds
J-D
111.30
111.20
103.11 103.11
109.7
*111.5
„
—
ASinking fund 6%s
1961
A6%s assented__—_>__».>.^»1961
A6s
111.11111.11
'
J-D
J-D
A Guaranteed
103.9
*109.5
»
/-D
—1954-
Owners' Loan Corp—
2%
M-S
J-D
^-_>i«^.^.>1957
7- A6V2S assented__»
t
*106.20 106.22
f
—
-J-D
■M-S
19491952
19501954
19521958
19561967
19621968
1963
1969
._^_June 1964
1969
Dec. 1964
1972
1967
1951- 1953
—1952- 1955
—
l%s
7»
,
Bank 6 % s.^.^.1957
105.18
110.10
105.3
*111.3 111.5
111.30111.30
X010
M-N
i
.
/:,■
-.
Bid & Asked
M-N
1963
A Chile- Mortgage
100.25
105.18
*103.7
M-S
M-S
J-D
3s series
"■
„
'
2s_-:■—4-r—Dec 19481951
2s—.———Jun 19491951
2s__
__^_^_Sep 19491951
2s_>—---—
Dec 19492s
..March 1950 1952
1952
2s_.———-Sept 1950
1953
2s
:______------19511955
2s__—
—19512s__—
—1953- 1955
l%s—;
■'
June 15 1948
—
7 Home
7
-----
..
M-3
1948
100.18
Fe|iod
a6s assented
'106.9
WeekVs Range
Last %- or Friday's
Sale Price
(Continued!—
____1963
102.29
102.28
106.9
11
AExternal sinking fund 6s
.
*110.8
*105.1
1
v-
■
M-S
1945
Farm Mortgage
Federal
3 Vis
J-D
...
"
*
J-D
J-D
Chile (tiep)
High
*105.11 105.13
__
__
Week Elided Feb.
111.23
*106.1 106.3
*100.16 100.18
...
A-O
■■
811
102.29 102.29
J-D
4. MS
•1955
11'
■I960
1955•1947
1945•1951
—1948- •1954
1951•1959
1956>
1963
19581965
1960-
Treasury 2%s—
Treasury
l-O
/
Low
■111.23
*116.16 111.18
Interest
New York
■
January 1
No.
High
Low
Government
Range since
Sold
Asked']
Sale Price Bid &
Period
-
Bonds
Friday's
Friday
bonds
Stock Exchange
;
Week's Range
Friday
BONDS
York stock
New
*
F-A
4 V4
12
F-A
*4 V4
11
11
12
10 Vs
12
t
■h.
Volume 159
Stock
Interest
Fxchange
-
Period
H/■£..
last
.
BONDS
Week's Range
or Friday's
Friday
BONpS
New York
Bonds:
;
Low
Celotex Corp 3%s debs.
...1955
A Cent Branch U, p 1st
gold 4s^...l948
tCentral of Georgia Ry—
74'A
*72
J-D
series A unstamped—..^.1953
AStamped ...i.;.-.:'-Ai-i....1953
Adams Express coll tr gold 4s...;..1948
72%
J-D
100%
104%
*103% 103%
103%
103%
108%
107%
108%
J-D
*101
F-A
101
104 'A
-
.1
11
104'A
M-N
mtge 3%s ser A
i
1967
Alabama Power 1st mtge 3%s_.—1972
Albany Perfof Wrap Pap 6S_—-—-.1948
J-J
108
A-O
warrants assented.—-—1948
A-0
Albany & Susquehanna RR 3Vas_-_1946
A-0
*100%
A-O
Va s registered.^..—.j,.—-.i-1946
99%
101
101%
101
—
modified———1950
5s
income—
.1950
......
94%
47
91
89%
37
87
89%
J-D
108%
M-S
1157/a
Tobacco Co -deb 3s———Li.. 1962
A-O
104%
Am Wat Wks $ Elec 6s series A.—1975
M-N
3%s
3s
Amer
debentures—;.._v--_;!956:
A Anglo-Chilean
Ann Arbor
14
68
;
108
108%
115%
116
32
103%
104%
107
110
^6:
68
2
68
81
39
29'A
36%
31
34%
27%
34%
26%
30%'
28% 30%
*107% 108%
101%
100
107% 108 Vi
'101
101%
99% 100 Va
100
105
5
105%
106%
112%
113%
107'A 108
79
101%
106%
108
121%
*121% II
*117 ml-"■:■■■
J-J
26 Va
28%
j-j
29
121%
2,267
21%
29
102'A 102%
30
102
102%
100%
100%
103% 104
102'%
-
21
103'A
registered———...^..^1949
Z2
'
...1977
f-a
.—.—.1971
f-a
m-s
104%
■
103%
h
102'/a 103%
102
98
103%
92%
92
93%
161
84%
94%
98%
97%
98%
81
92%
99%
58
52%
58 Va
292
48%
58 Va
125%
125%
85%
86%
31
76%
86%
58
53
58
100
47
58
65
'
ref 5s series A
88%
132% 134
106% 107%
*
J-J
1st &
100
106 Va 106%
107% V
4 AiO
Division 4s._.—1949
4s registered...—
1949
General 4s
1958
.
75
132% 133
>
"106%
'4-'
J-J
1st & ref 4%s series B—
105%
78%
100 Va
:
•
J-J
1949 *
....
74
101'A 101%
133
M-N
F-A
88%
78%
101%
101%,
96%
84 Va
87%
M-S
Illinois
,
43
112% 113%
3Vis
.
81
102%
27
:
i-105% 105%
112%
Illinois division 3%s
102%
105'A 105%
30
36%
A-0
^ACl.icago & Alton RR ref 3s....wI949
Chicago Burlington & Quincy RR—
69%
*
76%'
39
F-A
F-A
Potts Creek Br 1st 4s—.........1946
R & A Div 1st cons gold 4s
1989
2d consol gold 4s
1989
.
:
88%
35
30%
•
•
30%
112
34%
Jf-S
108%
151
108% 108%
-115% 116
•
104% 104%
108% 109
105%
J-J
C
10? ;'
107%
*103%
A-0
sink fund 4s series
104Vh
v
43
•
.
F-A
(Del). 1957
1st
106%
83%
33
A-0
Certain-teed Prod 5%s A.........1948
103
26 Va
111%
88'A
38:,4
:;H,
J-J
Chesapeake & Ohio Ry—
.
General gold 4 Vis
^...1992
Ref & impt mtge 3%s D
1996
Ref & impt M 3%s series E—.,. 1996
i
28%
111%
87%
Jf-N
90%
108% 108%
'
Af-3
7s income debenturfig^—.^—ii. 1978
.
74%
4
27%
*111
88™
Through Short L 1st gtd 4s..._.1954
Guaranteed gold 5s_„—
I960
Central RR & Banking—
§ A5s stamped
1942
105%
::
27%
16%
36'/a
:
86%
•
k:V;
-
104%
107
*53%
;.-.___.___1987
28
*79
J-
Q-J
4s——————1995
Bdge &Term 5s 1964
4s B——1955
registered.
110
-
Jan
Nitrate deb— —-—1967
1st gold
Ark & Memphis Ry
Armour' & Co (Del)
,
————.1966
debentures^.
conv
55
90'A
■
103% 103%
108%
54
105%
107
107
A-0
16 Va
60
J-D
J-J
Central N Y Power 3%s.....—...1962
Central Pacific 1st ref gtd gold 4S.1949
:
American Telephone & Telegraph Co.—
3%s debentures
——i—
...1961
12%
104%
89 Va
M-N
J-J
Am Internet Corp conv 5'As—.—1949
13%
104% 104"%
104%
Af-3
13 Va
5
104% 104%
M-S
67
7
74%
::74
13%
4s-._....^_..^._«i..i,.i987
4s registered
..-._......^.._1987
90
53
100
37%
12'A
J-J
5s
94 %
88%
F-A
5 %s..—-;...-1949
conv
93%
89
99
49%
13%
AGeneral
100%
94
100
A-0
Alleghany & West 1st gtd 4s—.—1998
Allied Stores Corp 4Vas debs.——1951
Allis-Chalmers Mfg conv is.——..1952
Am & Foreign Pow deb 5s„_._....2030
Amer I G Chem
99
4-0
A-O
J-D
-1949
modified
5s
13
A-O
.
Alleghany Corp—
5s
46 Va
13%
J-J
101%
100% 101
40%
49%
A-0
gtd 4s_..^.1961
99%
99%
99%
101
91%
61
A-O
3%8.....f...1966
New Eng 1st
80%
86%
JACentral of N J gen gold 5s_i,_-.1987
JACent
88
59%
M-N
AChatt Div pur money gold 4s.„1951
1st gold 5s.
U.-1946
Central Illinois Light
89% ' 95
High
102'A
61
102% 102%
—
F-A
V AMobile Div
89 %
v\,w
101 »A
53
96
102%
1959
gen 5%s series B
A Ref & gen 5s series C
95
95
Range since
January 1
High
1959
V A Ref &
;
-
■
1st
a
<.
Week's Range
or Friday's
Last
,
J-J
5s
.........Nov 1945
§AConsol gold 5s-.........^.._.l945
102%
104
m-a
10-year deb 4'As stamped—
;v-
*»m
Sale Price Bid & Asked
J-D
A 1st mtge
74%
104%
Coll trust 4s of 1907—.iw..-—1947
.1946
70
72%
104%
*
> 3
Period
...
SA5s
with
Friday
Interest
Low
Railroad and Industrial Companies
6s
.
High
(Abltibi Power & Paper—
-
.
.
.New York. Stock Exchange
Week Ended Feb. 11
since
January!
Vo.
High
Low
t Range
Sold
Sale Price Bid & Asked
'
Alabama Great Southern RR—
k»i« »
THE COMMERCIAL & FINANCIAL CHRONICLE'
Number 4255
/■Mi Mi Week Ended Feb. 11
nUwrtuw-Jnww,-
i
58%
107
50;
65
60%
56i/a
53
60%
404
47%
60%
51 :'.;v
56%
211
45
56 Va
•
h-
Chicago & Eastern 111 RR—
Atchison
Topeka & Santa >Fe— <T
AGen
General 4s—u..!995
A-O
Adjustment gold 4s..—1995Stamped 4s—^..^—.^^^.1995
Conv gold 4s of 1909
4.
1955
Conv 4s of 1905———————^1955
a
120% 121%
% 107% 107%
Nov
Conv
gold 4s of 1910
M-N
1st mortgage
General
107%
22
106%
108#
107
110
.
.
112%
loui
101%
104%
79%
5
104 Vi
96
250
90%
96
79%
M-N
94%
*73%
462
69
89%
94%,
33%
42
94%
154
41
41%
32
36
36%
13
33%
105% 105%
35
105%
m-n
Oct
1
a-0
vi*.
1946). due—.July 1848
a-0
A (int at 1'% to - due—,.—1995
Ref & gen ser C. (int at. i1/#
v,
^ to Dec 1 1946) due.——11993
-
88%
85
88
V,-
45%
j-d
55
51%
m-s
49
45%
50
m-s
49%
45%
50%
f-a
39 Va
41.
41%
HQ;-. Pgh L E & W Va System—
- v
Ref gold 4s extended to—1-1951
h;37;/-::;
.
80
82%
141
76%
82%
j-j
83%
81
83%
105
77%
83%
f-a
54%
51%
54%
45%
54%
a-0
15'A
14%
15%
3,063
3,730
11%
15%
M-N
71 Va
70%
71%
64
71%
64
69%
72 >A
71
72%
65 lA
72%69%
4%s series
F
—May 11989
;
M-N
64
m-n
77%
76
78%
261
j-j
62 %
61%
64 Va
239
j-j
| ASecured
....
70%
67%
71%
79
A 1st
J-J
80
79
80
*5'
J-J
79
79
80
■Mm
72%
71
72%
26
74
72%
74
37
67'A
74
M-N
74 Va
74 Va
75
65
67 Va
75
M-N
73V2
72%
73%
25
.
"
72%'
67'/a
73%
Si
Jlf-N
ret 4%s C
88
90%
201
81
90%
56%
56%
47%
40
50
57 %
J-D
55%
55%
56%
32
49%
56'/a
J-D
56
56
56%
56%
M-N
.—1949
89%
J-D
May 12037
May 12037
.4—May 12037
Railways 1st 5s stpd
H
25% part paid
_1927
(Chicago Rock Island & Pacific Ry—
64%
56%
"H'-
15%
15%
16
75
75%
v;-:
20
49 »A
1,756
11%
16
34
74%
81
(SAChicago
79
57
,
87
J
'
i'H,;/55;:
65%
65 Va
M-N
6%s/_—___.—__1936
A 1st Si ref goid 5s„
A 1st Si ref 4%s stpd
.
AGeneral
due—
•
M-N
registered.....
F-A
—...._,
3Ya%
—1950
Toledo Cltt Div ref 4s A.—1959
1 1947)
to Jan
1987
312
'.'v
M-N
4s......_.
AConv 4%s series A—
;
;
M-N
....1987
AStpd 4s n p Fed inc tax.
1987
AGen 4%s stpd Fed inc tax.—.1987
AGen 5s stpd Fed inc tax.—...1987
A4%s stamped...
:
.—1987
S'west Div 1st M (int at
^
82 Va
81%
50 Vi
40'
74%
76%
j-j
VH
837
80%
69 Va
498
50
31%
177'
-
40
74%
133
82%
;
"
4
323
96%
'
74%
AGeneral
ki-
-
14%
"
79%
:
56%
46%
270
56%
14'/a
10%
87
2
79%
50%
41%
696
50Va
128
:
72%
;
49%
v
78
"
j-d
79'A
'
81%
88%
73%
202
:
Ref & gen ser D (Int at 1% to
Sep 1 1946) due—-1-2000
Ref & gen ser F (Int at 1% to
Sep 1 1946) due.——.1996
AConv due———
Feb 11960
"
a
\
14%
95
74'A
(Chicago & North Western Ry—
AGeneral gold 3%s
1987
K
3% s registered..—.^...
—1987
85%
70%
342
10 Va
304
12%
95
j-j
4s
Ref & gen ser.
Dec 1 1946)
.
85
82
Z 84%; •>
.v'* a-::" •:
14 Va
12%
13%
95
j-j
(Chic Milw St Paul & Pac RR—
AMtge gold 5s series A—.—.1975
AConv adjustment 5s
..Jan 12000
RR—
:—July 1948
Stamped modified bonds—?
1st mtge gold
(Int at 4% to
■
j-j
.
mtge gold 4s
;
AGen
;
B
1st
"13'A
>
j-j
-
Baltimore & Ohio
•
4s series A—.
..May 11989
gold 3'As Series B—May 11989
4%s series C
.May 11989
AGen 4%s series E—May 11989
105%
105%
;
-•
AGen
36%
M-S
«
65
AGen
J-J
—.1953
:
j-j
AGen
A
92%
93
\':i
j-j
-
79%
' ;
J-J
L & N coll gold 4s
—Oct 1952
Atlantic «fc Danville Ry 1st 4s——.1948
;
Second mortgage 4s——1948
;,
j-j
j.:'
(Chicago Milwaukee & St Paul—
iol^ ioi^'
104% 104 Vi
96
J-D
v v 85 Va
j-j
17
^101^
M-S
*126
:
j-j
; ARefunding 4s series C
.—1947
A 1st & gen 5s series A.........I960
;
A 1st & gen 6s series B—..—May 1966
Chicago Ind & Sou 50-yeaf 4s.
..1956
J-D
lOlil 1011!
m-n
j-j h;;
AGen inc mtge 4%s—.........2038
^Chicago Ind & Louisville Ry—
ARefunding 6s ser A———..1947
A Refunding gold 5s series B—1947
Ill
.111% 111%
111%
j-j
:
109%
lll'/s
109% 109%
t
110%
109%
*109% 'iiu- ;
.
J-J
unified 4 Vis A-———1964,
Atlantic Refining deb 3s
121%
107'A
J-J
M-N
.1963
4s__—July 1952
cons
106 'A
107'/a
J-J
1st gold 5s....,—1946
L..1944
3%s
118%
1
J-D
...——i.1960
30-year 5s series B-i———^1944
Atlantic Coast 1st
88
J-D
Atl & Charl A L 1st 4%e A
1st
121
J-D
Trans-Con Short L 1st 4s_—i—il958
Atl Knox & Nor
mtge inc (conv)....
...1997
Chicago Si Erie 1st gold 5s
.....1982
Chicago Gt West 1st 4s series A—.1988
-
71%
4s
771
61%
68
68
2,453
36'A
45%
51
1,048
39'A
11%
1.507
J-J
74%
71%
75
if-b
—1988
ACertificates of' deposit—
5ARefunding gold 4s
V.'
44%
42%
45%
,
■
H
5ASecured 4'/2s series A
-.1934
.—1952
M-S
47%
50
75
51
"
,
Bangor & Aroostook RR—^
Con ref- 4s.—
'..——1951
4s stamped———
1951
Battle Creek & Sturgis 1st gtd 3s__1989
Beech Creek Extension 1st 3Vis:
1951
;
of Pa 5s series C...1960
Beneficial Indus Loan 2%s—i—1950
2%s debentures.—
...——.1956
Beth Steel 3 Vis conv debs———-1952
Consol mtge 3'As series F——1959
Consol mtge 3s series G
—1960
Consol mtge 3'As series H——1965
Bell Telephone
73%
128
100%
100%
100
100%
104%
106;
105% 105%
r
105%
105%
'102% 102 %
2
102%
103,
4
104%
106,
100 Vi 100%
A-0
106
J-J
105%
105% 106
F-A
"-A
•;
104% 105
J-D
gold 4%s series JJ_———.1961
mtge 4s series RR————I960
A Inc mtge 4Vis ser A—July 1970
(ABoston & N.Y Air L 1st 4s
.1955
5
*100% 101
A-O
A-O
1st
99 Vi
129%
13
J-D
1st
98%
128
ii
128%
J-J
96 Vi
A
M-N
103 '
103
M-N
m-n
86%
57%;::
49%
316
52%
73'A
73
due.-.———1957
(Biirlington Cedar Rap & Nor—
»
-v
,'H § A 1st & coll 5s
———1934
FN
35{?
to 1946)
m-n
j-d
,h
*109
98
96%
•
m-n
-41%
49'A
108%
18
82%
72%
76
*109%
74
74
J-J
48%
109%
23
\,r
64
H
-
28%
25%
103
v! ' 27%.
lst-4s—;-1952
Consolidated 5s———„———1955
Bush Term Bldgs 5s gtd—.—-—-^1960:
Bush Terminal
24%
A-O
*87
J-J
75
A-O
86%
■
'
'
'
—
J-J
22
103%
103
102'/a
103%
104
105%
;.'hi5 ;
105% 105%
105%
105 Va 105%
M-S
M-N
69
66%
70 '
99
59%
F-A
,
.
J-D
111
M-N
J;
Cin Wab & M Div
•
St L Div 1st coll tr
Cleveland Elec -Ilium 3s.—
109
109
21%
,
27 Vi
112
21
;
-89%
91 M
42
87%-
■:■
:
6
86
59%
,'61'/a
M-N
88%
369
V 57%
75
53%
61%
76%
;87%
J-J
...1970
107
M-N
87%
■
.:hh
107
27%
Canadian National gold 4Visi—i.ii.1957
J-J
102 ;.
102
A-O
Guaranteed gold, 5s—July 1960H
Guaranteed gold 5s
—Oct 1969
Guaranteed gold 5s
i__1970
Guaranteed
5
gold 4%s—
.1955
Guaranteed gold 4%s——L1956
Guaranteed gold: 4Vis_——1951
Canadian Northern Ry deb 6%si—1946
Can Pac Ry 4% deb stk perpetual.—
,5s equipment trust ctfs
.*-1—1944
Coll trust, gold 5s——..—.1954
Collateral
trust
4Vis_-_
—I960
■
A-0
J-J
see
page
98
101% 102%
109
109%,
*106
J-J
.1981
*106
99
99 *A
95
99%
96'/a
98
35
92'A.
98%
90%
92
75
84
92 Va
—1977
A-0
86 »A
85%
87%
J-D
89'/a
89%
90
23
83
60
132
52
s
t 4%s series C—
A-O
99
A-O
A-0
"
106% 106%
116,%
Debenture 5s__—
106%. 107 :«
H
7
162
116
117
118
•
116% 116%
1
115%, 116%
3
111%
Conv
J-D
F-A
91%
92
.
r."
104%
M-S
104
*106-
M-S
107
60%
105
111-
,*.io9JA
J-J
104.
110
107
107
59
60%
104 7/e .105
«
/;
101%
104 "
105%
100%
104
-
109%
107
104%
106
109
108%
109,
109%
111
109'A
113%
3
110
111
5
102
103 %
13
101'/a
102%
.44
104 V*
105 Va
13
105%
107%
107% 108 \'4f
13
107%
108%
104 V4 104%
13
104 >A
105%,
45%
51
-
—
,
112
131
110% 111
J-J
111'A lll'A
11
*113%
J-J
.F-A
.
3
,
111
102
102
102
'
■
,
'
101% 101%.
A-O
A-O
105'/a- :.!Q4% 10.5 Va
106 V2 106%
A-O
J-J
.
,
(AConsol Ry non-conv deb 4s.—1954
ADebenture 4s—.
^^.1955
ADebenture 4s.
.1956
—
—
104%
J-D
49%
-
J-J
660.
■
*
51
62
50
50 Vi.
J-J
V J-J
,
-131
—
111
111
.
J-J
debentures—1948
debentures.-—-.-—...—1948
debentures
....——1950
3'/2s debentures—4——.——..1958
Consolidated Oil conv deb 3%s—1951
•
109%107'A
109
10
—
108% 108%
*113%
J-D
.
:
3'/2s
3%s
'
102%
60%
-
104%
53
3%s
101%
35
98
:
;
92-
104%
103%
;
Consolidated Cigar 3'As s. f. debs.1953
Consolidated Edison of New York—
111%. 111%
94 Vi
3 % 8—...——1958
Conn Ry & L 1st & ref 4%s——.1951
Conn River Power s f 3%so A
... 1961
112%
97
104% 104% V
,.103%
14
64
1
101% 101%.
J-J
J-J
J-J
90
debs
60
103%
75
♦108%
F-A
s
90
104% 104%
104 %
A-O
1st extl 4s—_—1965
75%V 88
40
ACommercial Mackay Corp—
117%
3
;
;
103% 104%
M-S
Income deb w w—
.Apr 11969
Commonwealth Edison Co—
1st mtge 3%s series I.——...1968
<
117%
6
116% 117 Va".
-117% 117%
J-J
1961
1st extl gold 4s—1948
57
60
104 Va
M-N
May 1952
Columbus & Tol
118%:
19
116
A
Columbus & Sou Ohio El 3%s.—...1970
99%*
7
M-N
(stamped modified)—...1380
Columbus & H V
.95%
,9'
116% 117%
117%
1
14
99.% /
I 117% 118 vi
:
9
'112% 112%
111% 111%
F-A
footnotes
v
: ;
F-A
M-N
For
Vi""
87%
107%
91%
1st
87%
A-0
Cart & Adir 1st gtd gold 4s——11981
1962
117%
106%
J-J
tSACarolina Central 1st gtd 4s
.-1949
Carolina Clinch & Ohio. 4s.--—1965
Carriers & Gen Corp 5s w w___1950
Celanese Corp 3%s debs
'■99%
J-J
J-D
102
109% 109%
106%
5
A-O
.
A-0
3 Vis——1968
82
5
;
61%
Coal River Ry 1st gtd 4s
,.^—1945
Colo Fuel & Iron- 5s inc mtge—.. 1970
28%
4'/2s
Elec Power
'
67
1961
Cleve Union Term gtd 5%s—1972
: 1st s f 5s series B gtd—:——*1973
Columbia G & E deb 5s
Califomia-Oregoii Power 4s—i._i.-_1966
Canada Southern' cons gtd 5s* A—11962•>
94'A
*108
F-A
;
*107
F-A
Gen & ref 4%s series B—
75%;
112%
4
■
-
67
gtd,——.1950
Series D 3%s
90%
69
110'A
112%
■
—
64
General 4%s series A..——..—1977
52%
--
111
109%
12
M
*100
66 %
J-J
Cleveland & Pittsburgh RR—
Series C 3%s gtd——.—.1948
44%
;H._
J-J
gold 4s—1990
106%?
112%
811
75%
1st 4s
70
110
1
-
..
93^ ;04%'
;
J-D
Cleve Short Line 1st gtd 4%S_
28%
75
J-D
—1977
1991
Ref & impt 4%s series E
62%
109%
'
General gold 4s— «•>«•» a» — «• mm art mm «» w 1993
General 5s series B———
—1993
-
V-
109% 109%
*112 %
I"*
.
111
63%
-
108 Va
108% 109%
■
>
.
•
105%
55
53
A-O
•
Colorado & Southern Ry.—
California
104%
16
„
66
105
553
52%
86
.
74
110
25
io3%:
'
of deposit——.——
59
109
62%
111%
10
>
a ■i."'"
.
108%; 109%
94%
98%*
\
98 »a
—
i
Vr,
A-0
6
15
109 7/a 109%
109%
63%
'
>
76
58
-
51%
83 Va
59%
60
,
*112% 112%
j-d
73%
72%
83 Va
76
62
109%-./
-
103% h v
105% 106 V2
f-a
-
A Certificates
;
103
64%
16
73%
83 Va
63'/a.
—^——1943
5s
5s
————^1967
Cin Union Term 1st gtd 3%s D—1971
1st mtge gtd 3%s series E
1969
57%
42
■'*108%
103%
25
102
J-D
J-D
1st mtge 3%s.
'
m-n
89
(AChoctaw Ok & Gulf cons 5s—1952
86%
83%
47
108% 109
f-a
84
A-O
Co deb
ADebenture
103
101
4
46%
__
"4
89
M-S
Cleve Cin Chic Si St Louis Ry—
Bklyn Edison cons M 3'As———1966
Bklyn Union El 1st gold 5s_——...1950
Bklyn Union Gas 1st cons gold 5S-1945
1st lien Si ref 6s- series A
1947Debenture gold 5s————1950
,1st lien & ref 5s series B——1957
Buffalo Gen Elec-4Vis B
——-1981
Buffalo Niag Elec 3Vis series C—-1967.
Buffalo Rochester Si Pgh Ry—,
/
Stamped modified (interest at
.>
11%
93%
Cincinnati Gas Si Elec 3%s—....-1966
103
55
49 >A
89
',H-
8%
——.1957
96%
92%
85%
.57%
F-A
__
90%
94%
*93%
"
J-D
,—1962
1st & ref 4Vis series D
H
(AChilds
96%
*90
86 %
J-J
10
11
J-D
'
103
M-S
M-N
Chic & West Indiana com 4s—....1952
80
*48%
*99%
Big Sandy 1st mtge 4s—
—1944
Boston & Maine 1st 5s A C——1967
1st M 5s series II
—.—-;1955
AConv gold 4%s__——
.—I960
Chicago St L & New Orleans 5s—..1951
: / Gold
3%s——
—...—.1951
Memphis Div 1st gold 4s_
...1951
Chic T H & Southeastern 1st 5s—.I960
Income guaranteed 5s
Dec 11960
ACertificates of deposit——.;
Chicago Union Station—
1st mtge 3%s series E—
1963
1st mtge 3%s series F———1963
.80
•
J-D
A-0
A-0
-
74
•
51
69
45'/a
51
1
46 Va
50%
50 Va
50%:
'THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, February 14, 1944
.
NEW YORK BOND RECORD
Exchange
Stock
York
New
Ended Feb.
Week
Last
Interest
Sale Price Bid &
Period
11
t
Bonds
Friday's
or
Sold
Asked
Low
No.
Low " Hiah
New York
Stock
Interest
Exchange
Period
Ended Feb. 11
Week
Power Co—
1st
Low
mtge 3 %s
1st
mtge 3'/as
1st
mtge 3%s
■1st
mtge 3'As
2'As
Co
Crane
f debs—
s
111
V
B
a 6s series
ADeposit
108%
A lst
1956
J-J
52
50'A
52%
242
43%
52%
1944
a-o
58'A
57%
58'A
130
57%
63'A
.v
98%
95%
46
♦
44
38%
53 %
62
B—L1947
1955
JAiowa
105%
3
,
51%
367
51%
52%
82
5%
7%
141
__
.
4%
6 '
109%
110%
5
...
,
Kings Co Lighting 1st 5s—
1st & ref 6 % s
—
98%
100%
Koppers Co lst mtge 3'As
102%
Kresge Foundation 3%
notes
tAKreuger it Toll 5s ctfs
108'A
20
107'A
19
24'A
23
.108%
106
106%
..1956
M-N
110
111
J-J
148%
148%
102%
M-S
..1965 t
a-o
82%
80
J-J
99%
A 1st
J-J
1947
M-N
106
U'S
103%
-
Tire & Rub 3s
Flintkote Co 3s
deb
71
(Proof of claim)..
A Certificates
of depositFood Machinery Corp 3s debs.
Francisco Sugar coll trust 6s_.
5A2-4s
-1956
-1956
86
89%
71
71
71%
73
65%
70
70%
70
70%
71
72%
65
72%
61%
65
56
65
71%
73
64'A
73
39
41
33
41
42'%
48%
46'A
4'As
Harbor Term gtd
13%
v
registered
F-A
1954
....
F-A
Miami
64
48
_
Jeff Bridge Co gtd
&
109
lst
&
101%
1st
102%
103%
102%
103
1st
.
:
ref
5s
A
Mob
&
South
M-Sv
Montg
Knox
,"'G"
130%
130%
8!
8 5'A
89%
105 % 101
J-D
1949
105'A
105%
M-N
57 Va
117%
117 '/a
1957
F-A
58
5<
5&%
28%
2!
27%
29%
1981
iqci
1951
'/asIIIIII
*96%
j-J
"'"•"■.'■'.v.'
4s_."III-~"l952
A-O
67 3 i,
72%
156
214
a
-
m-N
66 %
71%
J-J
62%
65
M-N
66'A
71 '■
M-N
73%
78
F-A
55%
60
3-D
97
97
J-J
81
81
..I^ZIigee
__
Litchfield Div 1st gold 3s
Louisville Div & Term
I
1950
Il951
gold 3%s„1953
Omaha Div 1st gold
3s_.
1951
St. Louis Div & Term
gold 3s
51
106
107
108
104
106
A-O
A-0
J-J
78 %
Marion
Steam
Shovel
Stamped
L,nes lst gold 4s
F-A
68
J-J
F-A
104 %
1946
-
s
68
*104
104
104'
101%
102
101%
103%
112
112
112
112
&
c
M-N
*
f'
68
*92'/«
J-J
F-A
86
84 Va
86
78
60
97
s
81
72
79'A
59%
68
65
78'A
86
57%
70 V8
"Il963
3-D
65 %
61
65%
52%
65%
-
page
660
-
99% 100
51
55%
8
98%
44
100%'
55%
*108% 110
1961
105
105%
14
1952
102
102%
9
J-J
*
'
A-0
*101
a-o
*101%
..1945
Q-A
*95%
1955
..I960
ext 5s
(Chic) 4s
a-o
M-S
105
a-o
F-A
*93
M-S
M-N
J-J
M-S
a-0
*92
1950
...1938
v
105
101%
106%
102%
101
...1951
gold 3'As—;—
& impt 4'As series C
1952
1979 rV,
1963
..1940
1934
A Ref Rt ext
1949
98
97
97
105
105
105
110
111%
98
'
93
93
18'A
18%.
18%
99%
80
104%
63
65
65
59
65
J-J
77'A
^7Va
77'A
77%
M-N
39
42%
27
43,'A
M-S
10%
12
Q-F
'
r
5%
7%
5%
29'A
34%
30%
35
29%
34'A
'
J-J
32%
34%
J-J
34
35
"
J-J
33'A. 34%
1949
1978
H
fAMissouri-Ulinois. RR lst 5s_
Kansas & Texas lst 4s
1959
J-J
6%
7%-
5
M-S
J-J
3%
4
2%
J-J
75
*100
adjust
5s
series
56 'A
7%
4
76'A
100
64
62%
63%
1962
J-J
69%
73%
1962
J-J
50
59%
53%
59%
1978
5s series a
40-year 4s series B
Prior lien-4'As series D
ACum
100
104'A
J-J
a-G
61%
64
57
64
44'A
46%
36
46%
Missouri-Kansas-Texas RR—
Prior lien
73%
75%'
J-D
...1990
A.—Jan
•'
12
3%
'
5'As
■
5%
1938
Alst & ref 5'As series B
-V.
81
M-S
1938
A25-year
101
75%"
4
.1946
'
97
81
§ A lst consol 5s
ref 6s series a
104%
65%
55
79%
§ A 1st cons 4s stamped—
&
81'A
73
80'A
104% 104%
63
103
100
*103
J-D
50.-yr 5s series A...1962
IMinn St Paul & Sault Ste Marie
•'Alst
101%
97% .98%
V J-D
..1939
fAMinn & St Louis 5s ctfs
A 1st & ref gold 4s
;
101
101'A
—
110% 110%
*._
77 Ve
73
—
102
/:■
Sag 3'As
Mo
177
—
SAlst stamped 5s gtd as to int..1938
70'A
55%
*50
r
1947
1941
70%
65%
100
*32%
1941
ASConsol ext 4'As
■
69% -
1950
M-N
..1947
6s
JAMilw. Spar & N W lst gtd 4s
t§AMilw & State Line lst 3'As
68
67%
Af-S
.
1959
71
79%
5
M-N
.j.1953
60%
10
-'' *
J-I>
jjsAMilw & Northern lst ext 4%s—1939
21
■■■
3-D
I960
f§AMidland of N J lst ext 5s
97
15
70%
1st
&
97:
M-S
J-J
65
3-D
gold 4s
see
94%
97
104%
1952
Metrop Wat Sew & Drain 5'As
Lans
104%
.
1945
1*
f
107%
103
97
71%
1963
lst mtge 3s series F
Cons Copper 4s
footnotes
106%
104%
M-S
-.1980
—
(Stamped mod)
.
_
For
103%
107% 107%
60%
48'A
9
69%
tAlnd h Louisville 1st
gtd 4s___~Il950
Indianapolis Union Ry 3y,s ser B loftfi
Inspiration
-98%
J-J
58
1
68
J-J
1951
1st ref 6s series A
1st & ref 4'As series C
Steel
94%
Market Street Railway—...
Ref
67%
79%;
J-J
3%S—IIl951
Joint
Inland
102%
98
1950
lst gtd 3'As„...
72%
5
1951
lst
102
97%
—1960
RR& Lt sf 5s
62 V2
600
1951
3%s
& Iowa
101
99%
103% 104%
..
Michigan Consol Gas 4s
182
Ho
99
105 Va 106
Sugar 4s sink fund_.Feb 1 1957
western
97
111 Cent and Chic St L & N O
Ind 111
93%
98
f§AManitowoc Green Bay is North-
■
65
1953
_
Cairo Bridge gold 4s
Springfield Div 1st gold
120%
102%
97%
107% 107%
-.1955
«i
tSAMet, W Side El
96%
*96%
.
1952
3'As
40-year 4%s_„_
*•-*
m-s
gold 4s
120%
102
97%
A-O
mtge 4'As series a
Jack
inc.
trust
120% 120%
102% 102%
J-J
A-0
lst gold 4'As
-
Vr*
A- O
Refunding 5s
n
.•
1951
3.1955
lines
104%
102%
2003
gold 3s__
Michigan Central—»
*100%
j-j
Il951
~
Refunding 4e_
Gold
102%
RR—
1st gold 4s
Collateral
101%
56
101% 102
104%
102%
AManila RR (Southern Lines) 4s
59%
a-0
1st gold 3 'As
Purchased
104%
2003
Cine Div 4s
it
A Manila Elec
59%
56
5'
*117% 11'
Feb 1957
lst 5s A
gold
104
104 Va
109%
Ry joint monon 4s
Atl
1962
Illinois Bell Telep 2%s series A
trust
105
104%
103%
102*8
&.ref 4s series D
TJnif mtge 3'As .series A ext
.
Collateral
104
2003
Metrop Ed lst 4'As series D
1st gold 3
gold 3s sterling
105
2003
McCrory Stores deb 3 %"
1st
...
105 V4
104% 104%
104 % 104%
*105
104%
'
gold 5s._
Extended
105
*108%
104 3'2
109%
Paducah & Mem Div 4s____
AAdj income 5s..„
Central
122%
109 % 109 %
series B_—i
Unif mtge 4s series B ext
M-N
Illinois
103 k
121%
121% 121'%
102 Va 102 Va
lst it ref. 3%s series E_.______
■
94%
91
1954
Manhattan
103 Hi! 103H2
M-S
*
Oil 4'As debs
&
■
M-S
& ref 4'As series C—
Manatl
Hudson
•
107
Louisville & Nashville RR—
104%
98%
89%
73
106
—1966
4s
Lou
100
*130% 13:
51
123%
*123% 125%
—1945
Louisville Gas & Elec 3'As
112%
105%
M-N
series
103U
:
F-A
—_
5s
o'Vr- ,*■
123 Va
106% 107
;
A-O
•
debentures
Louisiana- & Ark lst 5s series A_ ..1969
3S
111%
J-J
f
64%
M-S
LoriJlard (P) Co deb 5s
102
110% 111%
1937
s
73
M-N
...
—
__
107%
8t Louis Div 2d
B
lst
71%
F-A
102
1999
lst
72%
A-0
1944
105%
Hocking Valley Ry 1st 4Vas
f§AHousatonic Ry cons gold 5s
Gas
42 Vi
A-O
Gen
Co
51
J-J
Maine Central RR 4s series A-.----1945
Coal
48%
M-S
Ohio 4s series B
1975
AGen mtge inc 5s series A
2015
Gulf & Ship Island RR—
lst & ref Term M 5s stpd
1952
Gulf States Steel s f 4'As
_._.__1961
Gulf States Util 3%s series d
1969
Hudson
42 %
50%
1950
& West deb ctfs A
Hudson
45
35%
Long Island unified 4s
Guaranteed ref gold 4s_—„ .1949
1949
4s
stamped....—
Gulf Mobile &
Houston
38%
37
42'A
a-o
..,,1955
4s series A
gen
34
45
41%
A-0
debenture.—.....—
Long Dock Co 3%s ext to
101%: 103%
22%
30
38%
42%
M-N
2003
Liggett & Myers Tobacco 7s
5s
73
38%
—
modified—_A_—
MeNeit & Libby 4s
Libby
—
42
Lehigh Valley Terminal Ry ext 5s_1951
lst 50-yr 5s gtdi_ ..1965
98%
95
45
'
M-N
2003
...
Lex & Eastern
97%
40%
M-N
..2003
-
-
J-J
—2003
stamped: modified^
5s stamped
f
~7:
5s
4 '/a s registered,
12%
Oct 1 1945
j§AGa Caro & Nor lst ext 6s
1934
Goodrich (B F) lst 4'As—*
.-1956
Goohatn Hosiery deb 5s w w
1946
Grays Point Term lst gtd 5s——1947
Great Northern 4'As series A——1961
General 5'As series B
1.
1952
General 5s series C
1973
General 4'As series D
1976
General 4'As series E
—1977
General mtge 4s series G_;
1946
Gen mtge 4s series H
1946
Geu mtge-3%st series 1
1967
ctfs
1974
Valley N Y 4'As ext.— ..1950
4s
42
& Ala Ry 5s
Debentures
1964
....
—
...
1964
—
Lehigh Valley RR—
4s stamped
modified
Little
A
1954
;
stamped———..
1
of Berg Co cons 5s
.1949
Steel Castings 5'As
^—1949
AGreen Bay
-1954
...
stamped*.,
235
:
100% 101
84 Va
46 %
J-D
101%
86
48%
11%
99 Va
89%
Lehigh
11%
GO'A
99%
99
72
100
20
60'A
99
99
J-J
J-J
*86
98%
M-N
60%
Deo
1975
*65%
3
Gas & Elec
JAGeorgia
J-D
-
income reg
stamped
99%
t
a-o
F-A
1st it ref sink fund 5s
:
Gen
104
F-A
5s
103%
Leh Val
M-N
107%
103%
.m
95
106 %
3
..1982
106%
11
<m
*86
.
& Glover RR-
tFonda Johns
11
■
f-a
45%
M-S
90%
109
J-D
1st. it ref sink fund 5s—
99%
J-D
92
00'A
109
'As— ...1997
*
46 %
1959
..1974
95
92
A-0
"122
.
91'A
M-S
*102% 103%
deposit
of
Certificates
M-N
J-J
•
—1965
102% 102%
-1943
33
95
F-A
Lehigh /& New Eng RR 4s A
5s
M-N
56
..
1953
1st it ref sink fund 5s
._1958
debs
JAFlorida Cent & Peninsular 5s.
IFloiiUa East Coast 1st 4%s—.
A
:
109%
Lehigh & N Y 1st gtd gold 4s.._ —1945
Lehigh Valley Coat Co—
F
Firestone
mtge
5s
..1961
75%
80%
72%
108
__
SIS!
-
101
64*%
..1971
.
2
93%
Lehigh Coal it Nar s f 4'As A... ...1954
Cons*sink fund 4Vas series C— —1954 V
101% 104%
-:;
J-J
,_2015
98
"48
1945
:
3'As. registered.—.
90
..1995
80%
108Va 108%
Lautaro Nitrate Co Ltd-^-
91
j-o
..1962
Railroad Co—
1st cons M 4s series B
A Gen mtge inc 4'As series A.
N Y & Erie RR extl 1st 4s—
Ohio Div 1st mtge
69%
*114%
...I960
5'As eerles C
ref
it
Lake Sh & Mich Sou gold 3
106
1965
—
Fuel 3%s.
Empire Gas &
Erie
71 %
77
1959
Coll & ref 5'As series D
102%
106
J-D
._1970
.
stamped
^
._1950
3'As
Elgin Joliet & East Ry
El Paso & S W lst 5s
5s
a-0
..1995
,
3
75%
110
30
._1948
Nor Div lst 4s.
& Ga Div 1st 5s.
1st cons gold 5s.
2%s debs.——.
82%
81%
81%
74%
30
Coll
Minn
East Tenn Va
Ed El 111 (NY)
Elec Auto-Lite
99%
72%
'
Laclede Gas Light extd 5s__
Ry
98%
1997
.1954
—.1954
1961
1950
Kings County El L & P 6s
102%
108% 109%
73
95%
177
.—1961
unguaranteed.
.
29
5
108'A
29%
30
.
29
-
4'As
'■>
45
2
29
v.
41
*102 Va 102%
108
109
Plain
106'A
29
Stamped
'
111
104%
100% 100'%
V'. -:
,
80%
108%
Kentucky & Ind Term 4%s_.
103'A
110%
29
:
58%
v:", 41
79%
•74%.. '
1960
1987
1961
1961
1961
Kentucky Central gold 4s
102%
:•
82%
Apr 1950
>*.«..
3
44%
80
1950
lst 3s
5s„
46%
1
44%
impt
City Term 1st 4s—.
28% :
6
V
&
Kansas
18%
110% 110%
Tunnel 4'As
1961
Dow Chemical deb 2%s
—1950
Dul Miss & Iron Range Ry 3'As—1962
t§ADul Sou Shore & Atl gold 5s—1937
Duquesne Light lst M 3'As
1965
Ref
:
7%
5;
105% 105'A
44%
82
■
80 %
40%
110% 110%
98%
deposit
Kansas City Southern Ry
52%
46
-.
of
A Certificates
51%
16
U'j'v
73
98'A
Fort
456
:
46%
,28%
*103%
45
995
(i
4%
43%
"27
110%
4%
\
99%
70%
98%
4s—1990
Scott & Mem Ry—
1936
SARefunding gtd 4s_—
49%
5VB
84
3
166
72%
J-J
Laughlin Steel 3VtS...—. 1961
it
JKansas City
15
46'A
25
Kanawha it Mich 1st gtd gold
105% 105%
28%
4%
106%
279
86
85
:
80%
77'A
J
105% 106%
7'A
103
•74%
83%
J-D
James Frankl & Clear lst, 4s...... 1959
*103
52%
!*>•
101%
106
4%
■
108 %
i'-iiA .V''<!
50
80
82%
83
-w
44
100%
Jones
Detroit Term &
East
F-A
.
2a
i
44
§■
79'A
79%
M-S
1st it ref 4s._...19§l
Cent Ry
'v;-:"'"
101% 102
102
J-J
-•■y.
105%
106%
Illicit^
*96% 100
F-A
1947
deb gold 4'As---1952
.—1955
104
107% 108
107%
52%
44 Va
100
51%
'"!
M-N
43%
.
7
105
105
M-S
1972
Int Telep & Teleg
Debentures 5s
48%
41
48'A
22
■52%
J-J
series A
Ref sink fund 6s
44%
61%
gold 5s series C:
Int Rys Cent Amer 1st 5s B
1st Hen & ref 6'As—
53
61%
B
6s_
Internat Paper Bs series A it
08%
53
series
Internat Hydro El deb
103
103
103
44
;
22%
J-J
108
85
■:V 16%
200
1956
5s
*58
1970
L lst mtge 3s
988
52'A
A-O
A 1st
*58
Union Ry 3%s series B—1965
Delaware & Hudson 4s extended—.1963
Delaware Power & Light 3s_—.—1973
^Denver & Rio Grande RR—
v7:'
§ A 1st consol 4s
1936
§AConsol gold 4'As—.——
1936
fADenv & R G W gen 5s
Aug 1955
A Assented (subject to plan)
A Ref & impt 5s series B
—1978
lADes M & Ft Dodge 4s ctfs——1935
fADes Plains Val lst gtd 4'As
1947
Detroit Edison 4s series F———1965
Gen & ref mtge 3'As series G—1960
Gen & ref 3s series H-———1970
Detroit & Mackinac lst lien gold 4s 1995
ASecond gold 4s—
199b
55%
22%
50%
AAdjustment 6s series A___July 1952
112
48'A
Dayton
47%
111
43%
...
:■
111
95%
—-
High
102%
445
109%
108% 109%
103
1955
LOW
101
1
111
*51
:
Dayton P &
-
108'/a 108 V»
1940
extended to
receipts
3s deb
Curtis Publishing Co
January 1
No. lS:
High
108%
108% 109
:
Range since
Sold
21%
55%
■
V.-i;
■
108
111% 111%
debs
JACuba Northern Ry 1st 5'/as
1942
ADeposit receipts
ACuba RR 1st 5s gold—
—
1952
ADeposit receipts
.
A7'As series A extended to——1946
a Deposit
receipts—i
Crucible Steel 3%s s f
J-J
tAIriter-Great Nor 1st 6s series A.1952
'
Bonds
102 'A 102%
52%
55%
A-O
1947
*
■
Friday's
Sale Price Bid & Asked
or
108'A
108
1965
—1967
1970
1966
—1969
1950
1955
mtge 3%s__
1st
Last
Hiah
Interlake Iron conv deb 4s
Consumers
X'iJxf''-*
v
hhb o n d s
.
Range since
January 1
Week's Range
Friday
'
Week's Range
Friday
bonds
.
64%
73'A
•"
.Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Ntimbef 4255,
,
NEW YORK BOND RECORD
Week Ended Feb.
Last
Interest
Exchange
Friday's
or
-V
a
F-A
Si ref 5s series A__—... .1965
1st
ACertificates
of
'
;'
64%
*63
deposit—
178
'65-
63%
"V
'
••
Low
4s_—;
'M-S
1975
—;———
& ref 5s series F—..—— .1977
a 1st
ACertificates
A 1st
ref
&
of
G
A 26%
647/a
64
65
.
64
'l978
_—
A
ACertificates
of
deposit.—
Moh'k & Malone 1st gtd
63%
64%
607
56 'A
64%
63
63
5
59%
63
63%
65
16
60
<.
64
M-S
F-A
Constr M
*105
—
:
''
•
4U-
•
,
'
11
.
,
59% / 64
111
94%
94%
100%
47'A
49%
51'A
43%
109%
59
-
111%
■.
Distillers
Prod
3%s———1949
104
104
105
105%
108%
108%
109'A
109% 309-%:
109 Va
110%
104-%
104% 105
103%
105
103
108% 109%
108%
110%
110% 110%
110%
105%
10514 105%
104%
105 V8 105%
104%
J-D
108
1st & ref mtge 3s series J..
-
J-D
1970
J-D
Pacific Tel & Tel 3'As series B—.1966
Ref
mtge 3'As series C
Padueah & 111 1st
1960
f gold 4%s_«..1955
Panhandle East P L 3s B_...—.I960
111%
s
Broadway Corp—
gold 3s loan ctfs—
Ms f
Trans
deb
6s
1955
.—.....1944
Paterson & Passaic G & E cons 5s.l949
110%
105%
105%
*108'A 109 %
108
109
*109% 110%
108
110'A
J-J
*106
110
M-N
*104
105
104
104
F'A
87%
87%
A-O
99%
99%
M-3
*115%
1073/a
102%
104%
102%
103'A
Gtd 4s series E trust ctfs——1952
M-N
104
105
Secured
1963
F'A
J-D
1944
110-
A-0
105%
Pennsylvania Co—
Guaranteed 3'As trust'ctfs D
99
110%
111%
J-D
3
.
98
98%
110'A 110%
J-D
——1971
1st & ref M 3s series K
21
106% 107
102% 104%
98%
J-D
-
55%
90
82
119
22
106%
102%
Prod 3'As debs——I960
Dairy
Nat
109%
108% 110%
108
Parmelee
•
90
87
108%
108
1st
Nat
108% 108%
108% 103
gold 43—1946
con
& ref mtge 3% s series H—.1961
1st & ref mtge 3%s series I—1960
110%
90
107%
*103%
>105
105%
1st
51%
*109% 112'%
series A—1978
18 Va
106%
108
?;
48%
55%
—
15%
105'A
106%
1945
5s
18%
107%
101'A
59
*111
1st
16%
105% 105%
106% 107
108% 108%
Paramount
Nash Chatt & St L 4s
18
108%
95 »A
56%
—.1955
High
105%
Pacific Coast Co 1st gold 5s
1946
Pacific Gas & El 4s series G—1964
106%
54'A
3'As——1968
Mutual Fuel Gas 1st gtd 5s
1947
January 1
Low
Guaranteed stpd cons 5s———1946
Oregon-Wash RR & Nav 4s
—.1961
Otis Steel 1st mtge 4%s ser A—1962
113 %-114'A
105%
101'A 101'A
Mountain States T & T
High
105%
109%
113%
105% 106'/2
*94%
Range since
Sold
No,
.-3 si,:
109% 109%
1.1.3 %
Bonds
Ore Short Line 1st cons gold 5s—1946
104%
106
»•
——1955
series A
5s
:
; 1,968
.
1965
M 4 %s series B
Constr
1
Friday's
107
<
65
$■ ;
5s
Tramways
Oregon RR & Nav
64'A
ext
1951
Morrell (John) & Co 3s debs—-1958
Morris & Essex 1st grd 3'4s
2000
Montreal
64%
64
F-A
.1966
——
56%
64%
ref 3%s—.1966
1st &
Power
Ontario Transmission
63'A
—.—1960
1st mtge 4%S—_.—...
6s debentures—
Montana
12%
63%
/A
12%
'
:
62%
9%
64
.1991
Monongahela Ry 3'As series B_.
Monongahela W Penn Pub Serv
65
57%
64%
——
gold 4s.
1st mtge 4s_«.1967
1st mtge 3%s—
—1972
Oklahoma Gas & Elec 3%s_.—1966
56%
368
12%
A-O
ref 5s series I———.. .1981
&
64
56%
64%
♦63
—-
§ A 1st guaranteed 4s
1948
Ohio Edison 1st: mtge 4s.A—-——-:196b
■64%
M-N
deposit——
*1949
gold 5'4s—.
.1980
1st & ref gold 5s series H
ACertificates of deposit-
A 1st
26
or
tOgdensburg & Lake Champlain Ry—
29%.
56%
,
M-N,
ACertificates. of
AConv
971
Week's Range
Last
Sale Price Bid & Asked
Loio
62
22 Va
4,226
,
Period
65
56'A
*'
••
29%
63'A
'
64%
63'A
63'A
29
M-S
deposit——
series
5s
,
Interest
11
High
56%
•
AGeneral
Friday
Exchange
Ended Feb.
Week
January 1
" NO.
;
New York Stock
Range since
Sold
High
Low
{Missouri Pacific RR Co—
.Bonds
."
Sale Price Bid & Asked
Period
11
BONDS
Week's Range
Friday
BONDS
New Yorjr Stock
85%
*101% 103%
J-D
87%
98%
100
115%
__
116'A
101%
101%
106%
107%
'
102% 102 7/a
3'As sinking fund debentures—1949
National Steel 1st mtge 3s_—1965
104%
{ANaugatuck RR 1st gold 4s___—1954
115
.—1945
AConsol gtd 4s_—
——_1945
New England Tel & Tel 5s A
1952
1st gtd 4%s series B
1961
N J Junction RR gtd 'st 4s
1986
N J Pow & Light 1st 4%S1960
N O & N E 1st ref &
Puo
Orl
New
1st
Ser
Orleans Term
New
100%
100%
Pennsylvania Glass Sand 3'As—196G
115
116
88%
20
116
-
1st
84%
88%
116
17
124'A
of
A 1st
A 1st
6s
series
A 1st
5'As
1st
—:
117%
2043
2043
Mtge 4s series B
87
deb
3'As—
ANon-conv
deb
3'4s_.
107
78%
.
81%
100:'.
100%
106%
16
100
100%
71
97
75
106
J-J
106'A
106'A 106%
13
105%
107%
A-O
100%
100'A 100%
121
99%
101'A
4%s series E.
.1984
deb 3'As—1952
115
111
104
115
110
110'A
*104%
,
i
.1
"V.
/104%104%'A
*104'A
-
65%
Apr
27%":
5%s—1974
Marquette 1st series A 5s—..1956
F-A
&
ref
mtge 2%s_
deb 6s
103%
77%
Series
50%
'•46-
51%
guaranteed..——.1957
cons guaranteed 4s
1960
J
cons
45%
40 V2
51
45%
51
52%
46%
52%
46%
45'A
51
57
50 %
57-
1940
88
85%
88
82
88
ADebenture
1957
28%
26'A
29
1927—-.1967
55'A
53%
55%
.
52%
51
16%
{AN Y Ont~&"west~ref g"o"ld_4S—-1992
AGeneral 4s—_——————1955
11
N Y & Putnam 1st cons gtd 4s—1993
N Y Queens El Lt & Pow 3%s—„1965
63
55%
102%
11%
10%
A
9%
4%
4
63'A
52
110% 110%
110
108%
34
18%
11%
*88
11
4
105
■
-
123% 124
19
110'4 111
110%
M-a
32
102'A 102%
J-D
90
107 >
133
107 Va 107%
106 %
108%
110% 111
102'A 103
5
"
J-J
49%
M-S
21%
48%
,
400
50
20 Va
22
561
.38%
17%
-
50
22
109%
28%
18%
103,
103
: *
82%
84%
v
45%
*46%
•
>37%
116
Q-J
registered.;;..——-AX.——1997<
91
.
Q-F
Gen lien ry & Id gold 3s.—-Jan 2047
'
'
—
•..
-'
■
116/;116
70%
J-J
^
'
91
70
*57
92%
*113'A 115
31
88%
68'/8
:
'
'
•
>
.
200
71
2047
J-J
90'A
88%
•
77'A
75 Va
77%
75'4
109
•.
...
/
2
J
124
117
'
;
122%
•
~2
'
■116% 117%
'
118%
106%
102%
103 %
11
■
116
6
■
102%
103 %
•
—
107'A 107%
103
6
■
103
103%
66%
32
66%
,
64
J-D
*107'4
F-A
*121'/a
102fi
M-S
59'A
66%
58%
.
66%
58
66'4
107%
:
107%
—
102
103
99%
103
J-J
102%
*111
5s_———.1951
109%
100%
1977
F-A
105%
109
109
105%
105% 305%
J-J
109
101% 102
A-O
17
27
110
110
27
25
M-3
ref mtge
101% "103%
J-D
M-N
ref
107%
J-D
——1956
1968
3s—
—....1972
5s_————2037
8s——
—..2037
Nor 111 3'As..—.1968
St
3
—
J-J
mortgage 3'As
&
122%
'4. •'
:
117%
*117'/a
'
J-J
*98'A
J-J
M-N
■:
*109%
St
ref
mtge
*106% 107%;
106%
107
J-J
*147%
147%
147%
J-D
*221'A
mtge
110%
111%
*112
—
110% 110%
A-O
99
98 Va
98%
98
3'4s—— ..1950
J-J
105'A
F-A
104%
..1958
4%s series C
Revere Copper & Brass 3'As..... —I960
M-N
104% 105
M-N
102'A 102%
{§ARio Grande West 1st gold 4s —1939
A 1st cons & coll trust 4s A... —1949
J-J
,
Rochester
Gen
Gas
&
Elec
48'4
.
'
104'A
105%
53
M-S
Gen mtge 3%s series H—
..1967
Gen mtge
.
—1967
104%
106
104 %
106%
101'A
102%
62
Saguenay Pwr Ltd 1st M AVis—
56%
St Jos & Grand Island
71
1966
St Lawr & Adir 1st
80%
90'A
48
67%
77%
.
■
77'A
41
67%
109'A
14
108'A
.
,
92
81
44%
362
53
^.v
*125%
y
•—
M-S
111'4
•
111%
109%
,
*109%
49%
J-J
50
297
39'A
50
12
12%
41
11'A
12%
14
.
46%
12
M-S
i-J
'
■;
'
109%
>111%
M-S
'{§AR I Ark & Louis 1st 4%s... —1934
99%
99
13
M-S
Gen mtge 3%s series J_.—... —1969
3y2S series I—
.
23
94
92.
52
/
..1977
104% 104%
89%
100
94'A
'
Corp—
mtge 4'4s series D_
105'A 105%
91%
A-O
-■
97
22
99
94
22
99'A
J-J
12
99%
J-J
90
45
99'4
A— ^.1997
78
1st 4s
...1947
gold 5s
1996
2d gold 6s
...—.—1996
{St Louis Iron Mountain & Southern-
13'A
14
94
12
14'4
106% 106%
106
106%
106'A
106
108
111%
109%
112'A
106%
A-O
J-J
J-J
A-O
*106
;
..
..
66
66
*63
62 ^
66
64
River & Gulf Division
1933
M-N
deposit—,
§ 1st 4s stamped-—-
.
122'4 122%
117%
65%
61'A
.
M-S
■
66
53
485
90'A
J-J
■
•••
66
51
'102
62
irant 6s series B——,
.
.
91'A
91 'A
——
impt 5s series C--i——-.-2047
impt 5s series D
——2047
F-A
...
M-N
J-D
104
112%
"
■
96%
M.1^
■
Ref &
77%
F-A
F-A
w—':
/
70
127
.:
•v
•
Ref &
J-J
*113
66'/?
{ARut-Canadian 4s stpd....— —1949
t§ ARutland RR 4'4s stamped... —1941
95%
60%
''
•
M-N
A-O
Gen mtge
129%
■
94%
61'A
V.
■
Q-A
7'/»
104
*112'4
A-O
Remington Rand deb
125
'
•
6%
112%
J-D
'
129/
116
>72
•
104%
6Va
V
'■ 2.
.
Republic Steel Corp 4%s series B ..1961
,86
46%
125v
*73
94%
104
—
129% 129'A
*325
Q-J
104
104
Gen & ref 4'4s series B_...... ..1997
104 %
44%
.
104%
7%
-
B—1959
Gen & ref 4%s series
109%
84%
Northern Pacific prior lien 4s—1997
3
12
7%
8
*103
M-N
F-A
Reading Co Jersey Cent coll 4s.«..1951
•
r'''
7%
>6'/a
39
1st
109%
108%
103
A-O
~7%
66%
Public Service of
28%
108%
26 'A
mtge gold 5s (stamped can¬
of guarantee) ——-1945
ACertificates of deposit
;—
104% 104%
M-S
J-J
65%
1st
109%
109% 109%
cellation
•,
•
101% 102%
1st
18%
-109% 109%
v
*104%
M-N
66%
87%
A 1st
105% 105%
,
91
82
44%
{Northern Ohio Ry—
660.
105%
J-J
{AProvidence Securities 4s—......1957
12%
87
—
109 'A 109%
series A
,—1998
AGen mtge 5s conv Inc——-—2014
{gANorfolk Southern RR 5s A
1961
Norfolk & Western Ry 1st gold 4s_1996,
North Central gen & ref 5s1974
Gen & ref 4%s series A————1974
page
115
102%
63%
20
11%
mtge 4'As
see
98%
87%
■:
J-D
4%
/
44%
*16
.
footnotes
95%
89
87%
108%
43
—1937
gold 4»As————1937
gold 5s_——
-1940
ATerminal 1st gold 5s_.
—1943
N Y Telephone 3'As series B
1967
t§AN Y West & Bost 1st 4'As—1946
Niagara Falls Power 3'As———*1966.
Niag Lock & Ont Pow 1st 5s A—1955
Niagara Share (Md) deb 5'As
1950
§ A 2d
For
91
85%
108
107%
108% 108%
§ AGeneral
(Wise)
107
97%,
90
J-D
{AProvidence Terminal 4s
Public Service El & Gas 3 Vis
110%
107
s107
15an Y Susq & W 1st ref 5s
1st & ref mtge 3'As——1967
1st mtge 3'As—-—-—1964
95%'
86%
B——1950
11%
4%
prior lien 6s stamp——1958
N Y Steam Corp 1st 3'As
1963
(Minn)
97'A
91
-
1st 4'As series A—.1958
1st
Pressed Steel Car deb
105
58%
4%
N Y Rys
Ref &
66%
29
;
V'A
103
29
48'A
.
103 7'8 105
104 Va
1954
2047
2047
107
112'A
23'A
103%
1st
{AHarlem River & Port Chester—-
Northern States Power Co—
107%
55%
1st mtge 4%s series C—
—1960
Plus young & Ash 1st 4s ser A—..1948
1 it gen 5s series B.—...
...1962
1st gen 5s series C_
.1974
1st 4'As series D—.——.—.1977
Portland Gen Elec 1st 4'As—1960
1st 5s extended to_
———1950
Potomac El Pwr 1st M 3'/4S—1968
51
52%
•.
129
J-D
Steel
;•
52%
51
49%
54%
registered-.
;
Ref & impt 4'AS series A
..1963
guaranteed 4'As—1964
1st mtge 4'As series
51%
50%
49%
■
—1963
1st mtge 4Vis series
51%
1956
3s
152
28%
mtge 4'As———1950
Pitts
83
50%
4s
—....1962
Gen
77%
57
:yr;
66%
J-J
104%
71
777
75%
50'A
-
101
,
112
2
27%
M-S
'
6s——-———1948
1st
:
62'A
■
J-J
M-S
50%
Norfdlk Southern Ry Co—
......1949
—...
4s
Series H
.
'
I
■:
112
,"*.v,
A-O
50%
„
—1956
series B
4s
Pitts Coke & Iron conv 4 Vis A_i...l952
1947
4s
...
105%
certificates 3'As—.1956
1st
ext....
Pekin Union Ry
&
Series G
*
——..1954
4s
4s
4s-
Pittsburgh Cine Chi Si St Louis—
Series D 4s guaranteed
.1945
Series E 3'As gtd gold———1949
Serits F 4s guaranteed gold.—1953
—
deb
A 1st Si ref 4'As series of
1960
112
A-O
Eastern
mtge 5s Series A.J..——1970
Gen mtge 5s series B_—.....—1975
Gen .4'As series C
—...1977
§ACollateral trust 6s—
:
M-S
Apr 1990
&
Series I cons 4'As
115
,—-1947
4s
.1947.
'•
*132
115%
110
•
109%
A Debenture
deb
.
>113% 124
108%
108%
/ANon-conv deb" 4s—.————1955
AConv
115'A ,117%
117% 117%
106'A 107%
102
52
ANon-conv
111%
100'A
{§ A Philippine Ry 1st s f 4s—... 1937
ACertificates of deposit...
—,—-
{N Y New Haven & Hartford RR—
ANon-conv
109
106'A
J-J
91%
105
A—1973
4s—
124
61
'
A-O
Pitts & W Va
deb
121
A-O
F-A
101%
101%
........—1973
ANon-conv
100'A
37
—1981
3s debentures
D„———1965
1966
N Y & Erie—See Erie RR
N Y Gas El Lt H & Pow gold 5s.^>1948
Purchase money gold 4s————1949
N Y & Harlem gold 3'As
—2000
Mtge 4s series A————;
98%
—1970
series
gold 4'As—
Philip Morris Ltd deb 3s
95%
1947
4'As series B———.
J-D
49
'
r1951
notes
Lack & West 4s series
B—..1968
A Conv
1st lien & ref 3'As series E
Y
5s
—..—.1971
{Philadelphia & Reading Coal— r
A
Aref 5s stamped————
1973
N Y Edison 3'As series
N
110% 111%
1st
—..1947
1965
3%s A—
1st gold. 4s——
Conv 5%
110%
General gold 4'As series C
1977
Philadelphia Co coll tr 4'As..—1961
Phila Electric 1st & ref 3'As..,
1967
.
-1974
1978
mtge 3%s extended to
N Y Dock
J-D
37
>> 10
J-D
1998
series A—
N Y Connecting RR
.—.1965
series A—
108%
9.9% 100'/a
99%
Phila Bait & Wash 1st gold 4s—//•'
General 5s series B—....
1974
—
C
4'As
A-O
gold 4%s series C———1980
Phelps Dodge conv 3'As deb—..1952
3'As—,
series
123% 124
1st
—
Ref 4'As
124
1st
2013
2013
1952
N Y Cent & Hud River 3'As———1997
3%s registered—
1997
Lake Shore coll gold 3VaS—
1998
3'As registered
1998
Mich Cent coll gold 3'As——1998
3'As registered——
1998
New York Chicago & St Louis—
5'As
F-A
Pere
impt 5s series C
Ref
108%
108
AIncome
impt 4%s series A
Conv secured
109
108
108% 109
108%
Peoria
-
—1945
Ref &
108
108%'
Peoples Gas L & C ref 5s..—.
1954
Ref &
108%
108%
'
deposit———.—
Central RR 4s series A—
Y
N
106%
A.
M-N
Peoria
gtd 4'As
109%
Gen mtge
Newport Si Cincinnati Bridge CoGeneral
108'A
M-N
mtge
Debenture
deposit
of
F-A
109%
106 Va. 106%
108
,
108%
General
1950
series A__
ACertificates
1974
:
109%
106 Va 106%
108'A 108%
J-J
F-A
Conv
deposit.,—;
—
—1956
of
—1968
106
*108% 108%
General
;
series D_—..~
ACertificates
*104
—
J-J
gold 4s.
1948
stpd dollar——May 11948
3%s series C
..—1970
Cons sinking fund 4'As—.—I960
*.1954
deposit
of
D.
ser
Light 3'As—.—1969
General 4'As series D—
C——
ACertificates
A 1st 4'As
3%s
4s sterl
deposit-
of
ref
1981
B___
debentures.—
Gen
1935
,
ACertificates
4%s series
Consol
gtd 4s——1953
series B.._
5s
ref
Power &
4%s
{New Orleans Texas & Mexico Ry—
ACertiiicates
106% 106%
Pennsylvania RR—
1355
§ANon-cum inc 5s series A_
&
Penna
117%
122%
2
&
1st
89%
5s series A—1952
1st
*109
106%
Pennsylvania Ohio & Detroit RR—
84
123% 123%
2.—;
...
5
—
1952
imp 4'As
1st
ref 5s series B
&
116
—
.
89
—
87%
88?u
4s
89%
115
87%
1
26
v
1983
Nor 5s A
New Orleans Great
,115
89%
RR gtd 5s
{ANew England
>100'A
■
Newark Consol Gas cons 5s——1948
104% 104'A
>
Certificates
of
{ASt L Peor & N W 1st gtd 5s..—1948
J-J
97
—
87
96%
98
95'4
P8'A
96'A
98
95
98
87
81
87
86'A
THE COMMERCIAL &
660
Monday, February 14, 1944
FINANCIAL CHRONICLE
NEW YORK BOND RECORD
BONDS
BONDS
v-
.
Week's Range
or Friday's
Friday
Last
Interest
Stork Exchange
Week Ended Feb. 11
York
New
Sale Price Bid &
Period
Asked
Rocky Mt
L
1959
San Francisco Ry
A Prior lien 4s ser A—
^Certiiicates of deposit
■JSt Louis
A
deposit
A
ACertificates of deposit stpd
4s
A 2d
ref goid 5s series A
1990
Duluth 1st cons gold 4s>1968
| ASt Paul E Gr Trk 1st 4%a
1947
|§ ASt P & K C Sh L gtd 4%S1941
St Paul Union Depot 3%s B
1971
Schenley Distillers 4s s i deb
1952
Scioto V & N E 1st gtd 4s
1989
jfcjeaboard Air Line Ry—
,,
8 A 1st gold 4s unstamped
1950
of deposit
series A
of deposit
6s
cons
gen
&
gen
Devel
&
gen
6s
6 Vis
Swift & Co 2%s debs
110%.
1955
A-u
*106% 107%
A-C
Biscuit 3%s
2.05s
92
28%
j"
2.40s
i
57%
•
30%
27%
28%
38
55%
60
'
—
119
•
32
45%
43 V2
■
"28%
*101
11952
M-N
i.J
11953
1 1953
M-N
M-N
M-N
Nov
-——
27%
60 r
•
'
%
46
*40%
f'
Cons s f 4s series 'B-C—
A—1959
A—1957
100% 100%
10QV4;
54%
A-O
103
106
106
123
123
4
103
j-j
M
103 Vu 103Va
r- a
A-O
■
■
6
*
;
•'
106 %
106%;:
J-J
5
•
98%
-
If-3
80% ;
Af-3
78%'
M-N
THV*
97%
95
74%
J-J
J-J
-109
•
A-O
,
.
A-O
79
77 7-
""
'
.
K.
Apr
F-a
•'
78%
96
-i.
98
23
100%
1
110%
112%
21
106 Vi
197%
110%
110%
2
V.; 7 i
^
13
57%.
fv
M-N
guaranteed 4s
1951
refund
Gen
3s
Company
Af-S' •*
25-year; gold 5s_—vW—— —1951
30-year: 5s_„———i. —1960
Westingho'use El & Mfg 2V»s—i. —1951
West Shoiie 1st 4s guaranteed— —2361
105%
•'
J-D
105%
!
M-S
103 %
Texas & Pacific
1st
ret 5S
Si
series
105%
1977
series
C
—1979
A-O
series
D
1980
Tol
& Ohio Cent
Louis
St
Toronto
Ham
Trenton
Gas &
&
Buff
1st
1st
94 /
14
-
<
105%
t A Wisconsin Central
105 V4
91%
106%
'i'1,
J-J
4s__
ist'4s__
::.90
89 VA
92%. I
93%
■
A-O^
—I960"
116% V
/
115%
116%
103
90
156
79%
267
80%
64%
111%
14
: ioi%
103%
116 Va
57'A
68%
GO'/a
66 Vi
391
B8%
'r/.
67%
-20
'20%
M-N
;
91%
116la
(>6Vi
67%
-
68%
53
111
;
29
94 VA
'
102% 103
,
102%
86
*18
*
16%
:
r>S 20%
94 VA
15%
A-O
*110%
20%
18
;:109%
J-J
*108%
•107%
89 Va
110%
108
89%
89%
11
103%
A 101%
55%
*116«8"
J-J
3rAs—. —1971
Wisconsin Public Service
81'A
89%
85
168
101
.
'
90
85%
64'A
111
93
J-J
—1949
117
-
103
100%
50
111
.
93
93%
^
•/102
141
68 VA
77
101%
91
:
101'A
59%
64 >A
111
"A
62
64%
68 V4
M-S
I' 77%
371
'101
95
101%
98%
GO
93 Vi
>
100% 102
%
"101 VA
j-j
—,1949
112%
88 Vi
•
82
10234 103%
103%
101
111%
110%
2
101% 102 Vi
.
,101%
108%. 109%
110 Va
14
93
,92 Vi
.
j-j ^
ACertificates of deposit—
;
§ASu &:Du div & term lst. 4s. —1936
ACertificates of deposit!—,;
Wisconsin Elec Power 3y2s!—1_. II1968;
106 Vi
85%
86
X
112
110
110% 110%
75%
74
76
118
71
35
36'A
757
30%
36%
100
100%
6
96%
100%
102
102%
8
101%
102'A
101%
102
J-D
/;
A-O
102'
J-D
gold 4s>_1946
2
36
:'M
A-O
4s_—1950
105%
19
89%
M-S
1964
1960
Jan 1960
West
;
J-D
ref & impt 3%s„1960
&
105 Vt
•
M-N
—2361
B 1st
Winston-Salem S
•
3
305% 106
116
V«v' 90
A-O
ref 5s
ref
Toledo
111% 112
12
89%
B
&
&
Ave Ry 1st ref 4s
AAdj income 5s
v
■—'■:■■■
Gen
Third
•
.
64
94
93 Va
105% 105%
J-D
—.2000
Tex Pac Mo Pac Ter 5%s A
••••■'
311% 112'
94
Af-N
Gen
5s
'
■'••■'I
-
-
_1965
gold 5s
P
103
_
Af-N
Wheeling ,Steel lst .3%s series B .-1966
Wilson & Co lkt mortgage 3s__: A-1958
J-'"-
105% 105'A
)
•••
_
A-O
1959
_
■■■•A
VV t';:i
J-J
Af-8:' :•
118%
.118%
97
■
.111 a 111%
n":-94V4::95-:100% lOlli
101 Vi
95
J-J
102%
V
■k
;iii%
105%
_
J-J
j-j
A5s assented——— —1946
Western Union Teleg gold 4%s_. -1950
!
98
101
■1
108% 109
110% llOVi
;iio'»
104 Vi
125
;
•MO'j;:
;
Af-a ;
11
0
F-A
1950
3s deb—
debentures
Gen
F-A
s f gold 4s
1953
mtge 3%s series B—1974
Ref & impt
Totarkana <fc Fc Smith 5%s A
Texas
J-J
1944
,118%.118%
J-D
J-D
:; 98
Viol
io'
i
IJ',"!
101
101
105%
*119
98
rK
46
38%
26
S.,
41
,953i ,98%
•
101
V;
F-A
F-A
104
Wheeling'& Lak'e.Erle RR 4s—
St RR gen 5s
Terminal Assn St L 1st cons 5s
-46
39
'
40
...
13
:97 %
98
Q-Af
A-o:
Registered.———
•vSf
41.
.
45
F-A
Maryland 1st 4s——. Anf952
._-1977;
1st & ref 5 Vis .series A—
| A Western Pacific 1st '5s ser A. —1946
•
Tenn Coal Iron
41
,
06%
-
V
103%
102% 102%
302%
■V
;
--
104%
—
73
'89 % 68
/ 65%
•■./154 : V 56
.••
40% C'41%
*39'A
A-O v:
Ii—. —1966
1st mtge 3Vis series
104 :
100%
*4oy4
ArO
.1945
f.
4'V'
,
*41%
F-A
A-O
34
':ich .*105 %
^
89
;109% 111
■
; ^
65 Vi
61%
65 Vi
,
Atf-S
Western
'57%
% 54
1
102
65
70 Va '73
.'72%
Apr
104% 105%
",103% 103%
ilAi'-'v-
304%
.
39
103% 104
104;
Apr
—1950
Westchester Ltg 5s stpd gtd
1967:
Gen mtge 3%s———.
West Penh PowOr. 1st 5s E——1. .i-1963
103 •;
107 Va
—
.1976
1st 40-year
100'A
v
series A
4s lnc series A—— .1981
*
104 V>
56
102
,
39
K
91%
i
1.
::
104% 104'A
—
J-D
m-N
109
92%
J-J
.1971
A Ref gen 5s series B—:—.1978
A Ref & gen 4 Vis series C
V A Ref & gen 5s series O-,——. .1980*
Walworth Co 1st mtge' 4s———. .1955
Warren RR 1st ref gtd gold 3Vis., .2000
Washington Central Ry; lst 4s— .1948,
Washington Term 1st gtd 3%sJ— ,1945,
.96%
100%
110% 110%
;^
90
110% •110%
t
80
2
■
\
77
10
107
M-N
J-J
Vi
79 •*:
73%
45
&■
■5 :>-•
102
ti.109% 110V4
109%
If-8
4%s ser B— .1991lAWabakh'Ry ref & gen 5%s A—. .1975
103 Va
105
28
VV
zWf'ipP
5;'t >.87%.? 89 Vpj
A-O
lAGen mtge lnc
79%
110% 110%
J-J
t
81
j
102 % 102%
p
102:%
J-J
69
91 Va
70
^lio^novi102
110%
109 Vi
.■•:'
;.-r
•
w
*'V
AGen mtge
98%
■96
65%
103
102%
HOW
.
>
i
1st mtge 4s
103% 104
104
•.
Wabash RR Co-rt'„
101%
'
-592
98
97
107 Va.
65%
57
; 102%
107 Vz
66%
878
102
■)
;
106!.
898
■
97% 100
-100 %
J-J
J-D
'
"
97%
A-O
•
•
'
*90 Vi'A
„
"F-A
123
549.
79 Va
108% 109
i
77% 78%
.
78 Va
1031A
94
726
81%
73
95%
105%'
'
102% 103 -:'
95
95%
103
A-O
55%
3%s._I972.-'
.Va & Southwest;ist gtd 5sj———2003_: :
;
1st cons: 5s—_—-————1958,
Virginian-Ry 3%a series A
—I960;'
95%
6
74%
76 V's
Af-N
60
98%
:
4
vi
;*108%
Af-3;v
rVirginla Pub Serv 1st mtge
105%
27
107%
76%
:
lOOVa
107-
95
J-D
100%
-123
1
.
*107% 108
A-O
Va Iron Coal &-Coke 1st gold 5su1949
105%
IT/.
-
•
■
100%
103%
2
55%
102
102
102%
H. 110'A
110%
:■
m-S
'k
Va Elec & Pwr 3Vis series B———1968
103
S
102 VB
\*112-
M-N
52%
*100% 100%
|
'1
102 :
r-A
~
49 ^
«; ioo
12
—
V
Vandalla RR cons g 4s series
40% >,62
49
''u-'
*
A-O
39 Va
42%
>
103
v—
..-102 'A
*101%
1 1954
2.60s
.
103
*101% 102%
-
May 11954
-La
101%
*101% 103%
M-N
-Nov
-
101%
*101% 102%
May
——-J
101%
*101%
M-N
40%
,,
165
39%
60
*101%
28%
V;
4,041
40% /
•39
40%",
30%
<20
i
*101
M-N
M-N
vV2.65s '-i
——--May 11955
Unlited Stdckyards 4Vis wr- w—.u—-1951
63 V2
21%
260'
•
2.50s
102'/2
*101% 102 Vi.
M-N
Nov
2.55s
-
-
43
V
487
.
62%
43%
.■>280
63%
28 V2
::
58
62%
57%
29%
126 %
2.45s
■C
104%
126 Vi
101%
*101% 102%
May 11950
11950
i——
102%
40
101 Va
M-N
M-N
.—Nov
;V,v 2.35s
38%
100%
;
..
-
—
106%
9
102% 102%
102%
-
106%
May 11952
2.20s
103%»
.
M-a
—Nov
—.
—
-
101% 102
F -A
May 11949
11949
•
2.10s
r
i
63
debs
;
2.15s V-A-—A
,''
104
13
104% 104%
F-A
—1953
1950
1961
debenture
2%
79
102
*126 % —
J-J
.—1998
1951
Southwestern Bell Tel 3Vi8 B——1964
1st & ref 3s series C
1968
Southwestern Pub Serv 4s
1972
ASpokane Internal 1st gold 4Vis—2013
Stand Oil of Calif 2%s debs
1960
Standard Oil N J deb 3s_
——1961
Superior Oil 3Vis debs
103%
109
>107% 108
107%
*109% 110
68
48%
30%
783
38%
*102
J-J
1st gold 4s
Louis Div
St
V- 35%
37 %
104%
102%
•
92
29
102%
13
United States Steel Corp^Serial debentures
101%
22%
*92%
F-A
gold 5s
1st
Div
Mem
38%
*28%
F-A
1994
1956
1958
1956
—
•57%
Vi
27
'
——
Devel
70%
90
48
—
gold 5s
4s series A
92
325
68
39
1935
cons
97
42%
M-8
coll)
Ry 1st
30
65
—
&
35'A
35%
43
M-S
Aug 1949
registered
-1949
1st 4Vis (Oregon Lines) A
1977
Gold 4Vis——
—1968
V Gold 4Vis
1969
Gold 4 Vis
:
1981
San Fran Term 1st 4s——-—1950
South Pac RR 1st ref gtd 4s
1955
Devel
36%,.
28%
28 %
1933
Stamped
28%
144
A-O
4s
Southern
1,958
A-O
1979
Pac
(Cent
4s
36%
A-O
Pacific Co—
Southern
33 %
M-S
1945
debentures
p 15
83%
108%
103% 103%
103% 103%
United
45%
66
107%
A-O
M-N
United
42
M-N
certificates.,
—1935
Shell Union Oil 2Vis debs.—
1954
2%s sinking fund debentures
1961
1 § ASilesian-Am Corp coll tr 7s
1941
Simmons Co debentures 4s
1952
Skelly Oil 3s debentures.,1950
Bocony-Vacuum Oil 3s debs
—1964
Sourh & Nor Ala RR gtd 5s
1963
South Bell Tel & Tel 3y4S———1962
3s
45'A
33%
J-J
grant 4s
Cigar-Whelan Stores 5s
1952
United Drug 3 Vis debs
1958
United New Jersey RR & Canal Co—
A General 4s ——!.
—iL— •
-1944
46
36%
A-O
series B
A6s
36 Vi
98% 101 Vi
78
83%
F-A
----
4s_
ctfs
731
J-J
ACertificates
ISA Atl & Birm 1st gtd
iASeaboard All Fla 6s A
46
J-D
1950
1958
ACertificates
A 1st
42
J-J
AGen &
——
32%
J-J
St Paul &
stamped
8 A Refunding 4s
179
J-J
1952
§A4s gold
42%
35 Vi;
1989
Nov 1989
unifying 5s
42%
39
101%
M-N
High
1971
1980
land
&
J-D
a
35%
ANT
Low
75
.
1947
1970
1st
45 %
1978
I
No.
35-year 3%s deb
Ref mtge 3%3 series A
43
44%
j-7
Ry—
bond certificates—,
inc bond ctfs
4s
1st
5 A 1st term &
42%
;V
January 1
Sold
Hlah
34-year 3%s deb——
91
33
1,792
.43
39
41%
----
M 4 Vis series
|St Louis-Soutn western
?;
...
Pacific RR—
Union
99
Range since
Bonds
Sale Price Bid & Asked
Period "
Low
89%
91%
*90 Vi
.
J-J'
1950
of
ACertificates
A Cons
J-J
.1950
lien 5s series B
Prior
M-3
1955
1st mtge 5s —>
& P 5s stpd_
St L Pub Serv
St
97%
1
97%
97%
Last
Interest
11
High
Low
No.
High
Low
Week's Range
or Friday's
Friday
-;
Exchange
Stock
Ended Feb.
Week
January 1
Sold
York
New
Range since
Bonds
■yVii
102
76
.
Youngstowh Sheet & Tube-—
102
102%
M-N
f 3VAs series D—_—1960
1st mtge-s
6
103%103Vi
M-S
!—>1948*
Conv deb 4s___i._
43
102%
102
103%
101%
102%
;v
'
Elec
1st
gold 5s
Tri-Cont Corp 5s conv deb A
J-J
•*;'l
116%
106% 107
M-S
1949
1953
—
iL'mi
•-
107
106%
7
•
ft
not
sale
delivery sale hot Included In the year's range,
d Ex-interesfc. e Odd-lot sale
n Under-the-rule sale not Included In the year's range.
rCash
Deferred
Included in the year's range,
U
1971
Af-N
ISAUnion
Elec
1945
A-O
Union
of
1959
F-A
104% 104%
1967
J-J
103
3s
Oil
(Chic) 5s
Calif 3s deb
debentures
quotation per 200-
tThe price represented Is the dollar
Accrued Interest payable at the exchange rate of $4.8484,
§Negotlability Impaired by maturity.
in
111% 111%
Union Electric Co of Mo 3%s
Ry
the year's range.
not Included In
112
19%
19
19
19
103 %
104%
102%
103
pound unit of bonds.
v
103
reorganized under Section 77 of
{Companies reported as being In bankruptcy, receivership, or
securities assumed by such companies.
the Bankruptcy Act, or
•Friday's bid and asked prices; no sales being transacted during
A Bonds
current week,
selling flat.
<
<
m
W-i-MsB
WEEKLY
NOTICE—Cash
In
footnote
a
in
and
5,
and
week
which
ending
to include every
In
the
they occur.
present
.
,
Curb
Friday
Exchange
Last
Sale Price
Week Ended Feb. II
^
Par
Acme
Aero
Wire Co
„——
Ainsworth Mfg common
Air Associates Inc (N J)>
Air
Accessories
Investors
Convertible
Great
$6
is
compiled
of Prices
Shares
New
Low
21
Jan
Jan
A
conv
24%
Jan
Jan
21
3% Jan
3%
Jan
Aluminum
Goods
Industries
200
63A
Jan
7%
Jan
Aluminum
I
9%
9
9'/a
300
8%
Jan
9%
Jan
Aluminium
2%
2%
2%
2,300
2
Jan
2%
Jan
35
2%
Jan
2%
Central
Jan
35%
Jan
Jan
3Va
Jan
American
Jan
91%
114%
90
114
Feb
116
Jan
50
105
Jan
105%
Jan
Convertible
23%
-25
665.
23
28
28
100
25
———100
Jan
11
22%
Feb
27
Jan
28
B
Jan
,
'
Class
Jan
25
American
Feb
Mfg_A——.———1
Power
class
American
& Light-—
Sales
for Week
Range Since January 1
Shares
No.:
High
Low
:
High
30%
Jan
29%
4,600
28%
Jan
109 Va 110 Va
1,800
109%
Feb
18 Vz
400
18%
Feb
19
Jan
9%
Jan
10%
Jan
28%
•18%
/
150
.10%
10
'
110% Jan
"l %
..
29 %
78V4
77
Jan
•29%
,
1%
30 r
73%
Jan
84
100%
.
Jan
101
500
IV'a
Jan
1%
Feb
90
•'28%
Jan
30 Va
Jan
500
57/a
Jan
6%
Jan
400
38%
Jan
41
750
'■
35%
Jan
38
400"
.I:";;,
—
—
—;
' ! —!f:-r
25
I
40
'
37%
2
Cyanamid class A__—__10
non-voting.
•
1
,10
40
38%
Foreign Power warrants—
1%
&
Fork
&
Hoe
6
6
;
.25
A—
A
"American
8%
Ilio
common—
Cities
American
Class B
.
of Prices
Jan
Feb
—1
pfd
100
1
i
Co
~
,
_>_•
common
Book
.100
conv
Ltd
!_•
common
preferred
Class
common
/Week's
Range
Last
29%
♦
American Beverage common——
89
114
6%
American
240
91
.
Sale Price
'
Jan
200
90%
11
100
110
Mfg>—j.———. .18%
preferred
200
-50
(Mich)
page
6%
3%
2
Exchange
Feb.
Aluminum Co new common
3%
—3
—;
see
itself, and is intended
Loio
7'/a
preferred*
Curb
Ended
High
105% 105%
footnotes
York
Week
Range since January 1
High
22
90%
Friday
STOCKS—
Sales
-10
Appliance
Investing S3
Products
shown
week beginning on Saturday,
entirely from the daily reports of the Curb Exchange
for Week
Ludlum Steel—
Allied Intl
For
Range
—2
Southern
7% preferred
Alles & Fisher Inc
Class
It
7
preferred
Allied
1944).
TVs
-50c
Corp
Alabama Power Co $7
Allegheny
Week's
i
Low
—1
.
preferred—,
Electric
Alabama
11,
5
common
Air-Way
complete record of the transactions on the New York Curb Exchange for the
—1
B—
Aircraft
a
(Feb.
-10
common—
Supply Mfg class A
Class
furnish
Friday
•
and when selling outside the regular weekly range are
security, whether stock or bond, in which any dealings have occurred during the current year.
STOCKS
New York
RECORD
YEARLY
delivery sales are disregarded
In the following extensive list we
Feb.
AND
in the week's range unless they are the only transactions of the week,
No account Is taken of such sales in computing the range for the year.
deferred
the
tll&lS
NEW YORK CURB EXCHANGE
common....—*
39 Va
36
1%
40 '
37%
2
1,800
40
42%
500
37%
38%
2,900
1 VB
1%
8,800
16%
50
16%
1%
Feb
2%
Jan
Jan
Jan
40
Feb
45
Feb
37%
Feb
1 ; "
15%
41%
Jan
Jan
1%
Jan
Jan
16 %
Jan
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
159
NEW YORK CURB
r.
STOCKS—
York
New
Week
Curb
Week's
,
for Week
STOCKS
New York
Shares
of Prices
Sale Price
11
EXCHANGE
Sales
Range
Friday
Last
Exchange
Feb.
Ended
66!
Range since January 1
Week
Curb
Ended
Friday
Last
Exchange
Feb.
Week's
Sales
Range
Sale Price
11
for Week
of Prices
Shares
Range since January I
'
ft:
-ftftftftft
V
Gas
American
4%%
10
25%
Feb
29%
25%
26%
1,050
17Vo
17%.
2,100
Maracaibo
Co
Potash
American
38%
100
90
1
1
American
.
&. Chemical
Republics—
Seal-Kap<
American
Superpower Gorp common—*
'/■
preferred
loa...
1st
ft
$6
$6 series preferred
13%
""%
American
ftft'/\,
ftift
ifti ft ft
: ;>.•, tS;
Anchorj Post
,
Fence—;
,
Arkansas Natural Gas common
ftftft;
.
class A non-voting****—.*.
6% preferred
ft——ftllO
.ftft.Arkansas Power. & Light $7 preferred.?.
; Aro Equipment Corp new. —*• «*»■*?'-r2 50
2%
15%
"
Coast
f.,.
4 Via
Atlas Drop
>>,
Atlas
;
New
Jan
Central
Ohio
18% Jan
Central
Jan
:?<4V* Jan
Cessna
Jan
3%
Jan
3
Steel
;
Jan
15%
A'rcraft
Jan
3%
Jan
3%
Jan
10% Jan
5 :. 20
97%
Jan
—.10
8%
700
9
Jan
7% Jan
9%
5%
6%
%
$6
9%
11%
9,300
39*
36
11%
Feb
Jan
39
Feb
Jan
8
[, Jan
1,125
31
7%
1%
:
1% Jan
"5% Jan
"2,600
1%
Controller Co
&
Benson
99'A
98%
89
2,600
10%
Feb
12%
3%
89
Bohack
ftft
Feb
3%
94%
9
1
•
...._•
common
25
common*—
•7
Development ordinary
Feb
Colt's
Jan
Columbia
21,
20% Jan
COO
,
6%
40%
6%
Feb
7 V4
5%
39 Va
Jan
40%
Feb
Jan
7%
Jan
2
2,000
5%
4%
Fire
Patent
$3
Gas &
"*6.1a _7
■
3%
2%
■-
130
130
•
33%
-
2,500
3%
Jan
Jun
2%
20
33%"
v
"1
"~V„
Jan
3%
Jaij.
Jan
33%
20
*
130%
Jan
Jan
Feb
34
37
Jan
%
Southern
1%
Jan
12
:
6%
■
Jan
6%
100
61 a
6%
13%
13%
800
14
1%
43%
II
IV/2
7%
600
.7%
100
84%
11%
'
__
20
80
150
24
84
26
■
26
26;
Jan
12% Jan
800
2%
2
s!
Jan
Jan
Jan
13
Jan
7
Jan
/
15 Vs
Jan
2V4
Jan
47%
Feb
Jan
12
Feb
10
Jan
Jan
88
1940
26
Feb
Jan
11%
20%
19%
.9%
9%
400
3%
3%
1,700
20'4
...
Biscuit
Consol
7%
v4%
63%.
Jan
374
Jan
11%
12
13
9%
3,700
Feb
Jan
13%
Feb
101
Jan
105
Jan
1
5% >■?
34
1
6%
;
$5
1st
Burco
Inc
$3
$6
preferred A.—
Petroleum
Cosden
Calllte
Canada
American
W
Class
Brewing
A
For
.ft-
130
100%
Jan
700
9
Jan
14
4,500
11%
Jan
14
Feb
40Va
300
38%
Jan
40%
Feb
53'4
2,050
%
%
5%
Jan
F^b
106%
Jan
Jan
10
Feb
13%
100
12
5%
Jan
85%
84%
20
2%
85%
2.500
2 %
24%
25
24%
25:%
2%
\h
%
Jan
12%
Feb
Jan
1%
86%
Jan
Jan,
Jan
Jan
2%
Feb
Jan
2Ve
23
475
Jan
Jan
%
100
12%
v
25%
Feb
Jan
24% Feb
Cent
Petrol
Crown
Cork
II
International A
(Md)
$6
--
—
"'ft
tftft !•;: 0 '•
common
ftft.'-.
Inc
12%
Jan
12'/;
Jan
Curtis
Mfg Co (Mo)
1814
Jan
18%
Jan
15%
Jan
Darby
Petroleum
3%
Jan
3%
Jan
Dayton
300
2%
Jan
2%
n
1,200
%
Jan
%
Jan
Jan
4%
Jan
3% Jan
3%
Jan
"3%
IOV2
10%
200
ftft 2%
2'A
1,800
200
Jan
Jan
ft"
ft';'--
far
11
11%
Feb
Jan
2%
Jan
25'A Feb
,
25%
Jan
ft Feb
\'i
Jan
10'4
2
"2,700
Jan
50
10%
Feb
11%
Jan
7,300
11
19%
Jan
21%
Jan
6ft
Jan
Feb
Jan
15 %
27
2 Va
7-4
:
Lighting
Feb
"3%
10% ft
Crown Drug Co common
convertible preferred
Oil Refining
preferred
25%
(ord reg)
Crown
Crystal
27
3,000
3%
Curtis
>
700
-
•
19%
common—...
19%
20%
5%
5%
5%
3
3
—
:"V
B
—*
1
common
Mills
Rubber Mfg
3%
ft'ft
3%
15%
'■'••'■ft 100
22%
2,500
21
21%
1%'
2%
lV4
300
15 %
"5%
ft \
■
-
3% Jan,
200
3
Feb
3
17/
Jan
27
50
■
15%
16%
98%
15%
23%
Feb
Jan
78%
Jan
Jan
2%
Feb
Derby Oil & Refining Corp com
A convertible preferred
Jan
22%
Feb
Detroit
Gasket
6%
preferred
21
ftg
Jan
.12'/2o
1
425c
31V#
1V2
3%
3%
850
9%
XV*
%
3%
•■:
:
.'•:
ft
' 25
Jan
Detroit
Mich
Stove Co
Steel
Products
I6V2
Jan
33%
34
180
33 Ve
Jan
34
Feb
6%
Jan
"3%
"3%
"3%
Jan
9%
Jan
12
Jan
;
%
3,4
50c
Feb
104 Vs
7%
31%
Jan
Feb
1%
Jan
Diamond
6,900
3%
Jan
4
Jan
Divco
Jan
5%
Jan
Dobeckmun
H Jan
1
Jan
Shoe
Jan
Co
1
1
common
Steel
1
GVz%
Ltd
fr Coal
100
19%
19%
3%
19%
7
4
Jan
Va
Jan
Jan
75
Jan
Jan
113
Jan
Jan
7Va
73
Jan
76%
Feb
Jan
13
Jan
19
Jan
19%
Feb
5%
200
Draper
Jan
20V4
-ft:
%
IOO
13%
Jan
3%
Jan
20%
200
20%
Jan
21
23
23
40
22
Jan
23
3%
10%
rl3
6
Jan
500
21
"*5% ft~6
12
6
7 I
Jan
Jan
Jan
,
IOV2
Feb
Jan
rl3
5%
Jan
6 V#
Feb
10%
Jan
13%
Feb
100
5%
Jan
6V4
Jan
100
6
1,100
1,300
13%
ft:
Feb
Jan
4V#
~6%
Feb
~6%
_•
"o%
1'%
Jan
Jan
71
26%
Feb
29%
Jan
75
—
10
Co
•
Feb
6%
6%
67 Va
Jan
77
Jan
•
•
Corp
Harris
%
%
—25
B—
Dominion Tar & Chemical Ltd
26%
*****
IOO
26%
"V
Jan
-Jan
"
Durham
1
10
18.500
♦
_—.—
Duke Power Co
pfd———£1
Power
"ft/a
76%
•
10
common
Corporation
Driver
12
Jan
,
Estate
6%
74%
1
preferred
Feb
%
•ft" 3% Jan
13
-
1%
100
goo
113
-7V#
,76%
common
De Vilbiss Co common
100
U/-;
ft;
65
10
Gray Iron Foundry
31 Vs
—
Jan
Jan
34
10
•
..
24
15%
4,400
Feb
17%
900
.•••
"
Jan
300
1%
~9%
Jan ft
5
:
Mfg
Detroit
ft 97%
1,900
&
•
•
1
20
Jan
15%
24
16
100
debenture
8%
26%
50
Jan
Jan
1 "Va
400
ft 8,800 ft
99%
9%
99%
preferred
$6 prior
Feb
23%
15%
1
5
Dejay Stores
Dennison Mfg class A common.*.
15V4
2,ioo
9%
16V4
Jan
17%
ftlftftr-^ft
■-•-ft7
3%
77%
■
2%
Feb
24 %
35
convertible
Class A
ft 31%
6
5%
'
5%
6
3,500
5%
5%
5%
1,900 /
4% Jan
Jan
6
Jan
6%
Jan
Hosiery
Duro Test
class B common—
Corp common
Duval Texas Sulphur
_____
*
1
♦
~4% "4%
<"Sv*
200
3%
1,200
,'
3% Jan
4% Jan
"ft 2%
Jan
3%
Jan
9%
3%
Jan
9%
Jan
2
Jan
__5
pfd
100
& Foundry Ltd—
voting._4_,:
non
.3%, Jan
10
104%
2%
Co
Feb
92
21
preference.— ^.___25
Industrial Alcohol—>
Class B
Jan
Feb
3%'Jan
900
3% ft
12%
Liquidating Co
92
87%
Participating
Canadian
Jan
10%
ftft
dep receipts
Jan
——
Tungsten Corp
Insurance' Assri!
Car
Jan
Jan
24%
Petroleum
81%
91
...
Cement Co Ltd
7
9%
"
ij%
—
common
•
Camden iFire
Canadian
Jan"
35
114%
ft 2,100
12%
.''
common
Tobacco
—2.50
certificates..——
Electric
Jan
Courtaulds Ltd—
Detroit
common
Sugar
California
Jan
6V4
40
—
preferred—
Cuban
25
:i
American dep rets 5%
Calamba
32
125;
200
"
10%
241/#
convertible
5 %
Jan
_5
..
6%
1%
1%
•
<
5%. Feb
1%
53i
Feb
•
Wireless—
~
Jan
9%
j
—50
1%
1
4
common
Sullivan
trust
Jan
12%
...——
800
Cable Electric Products common—50o
&
34%'
Reynolds
&
Cor? /on
Dominion
Voting
Jan
Jan
4%
7,500
'
Dominion Bridge Co
Cables
116%
108 Va
1%
ft
•
Domestic Industries class A com—...1
V
Feb
Feb
—
Co..
Copper Range
1%
■;*_
Corp Am dep rets
Burry Biscuit Corp
(PA)
Jan
68
113%
105
60
5 Va
Feb
Feb
400
103
~
Sugar
—1
Burma
Butler
63%
2,000
ft 220
.
Feb
4%
Jan
J an
ft'
3%
_•
Cornucopia Gold Mines
Coro Inc d
Atlantic
*
preferred
4
IOO
"
Feb
33%
~1%
•
103
1
...
ft
Cuban
•
A
common
&
'ft 1
11%
9%
"
ft 3%'
prior preference
10s
preferred
Hill
L
'
$3
Jan
Niagara & East Power—
Bunker
Jan
~I%
10%
100
—
8%
1
preferred—
ft
6*A
"1%
•
Davenport Hosiery
reg
Power class
Buckeye Pipe Line
$1.60
Feb
Jan
D
reg
Bruck Silk Mills Ltd
Buffalo
%
ft
9%
■114% Jan
10
10c
Feb
preferred—
Co
Jan
Feb
£1
preferred
(EL)
4%
ft, 106%
3%
•■'•;
5
Co
6%
•
Brown Forman Distillers
Bruce
Jan
22%
Jan
100
Oil—;
Corp
4,600
Ltd—
Brown Ruboer Co
4%
:
63%
67%
113% 115
—
8%
.
...
A
Jan
3/64
20%
150
103
Crowley Milner & Co
10
;'•/•> J* Jan
300
%'
11
114
Cooper-Bessemer common
Croft
22
500
150
105
Stores
preferred
prior
C
Jan
3/64
22
%
•
—
Continental Roll & Steel
Jan
Jan
60
Continental Gas & Electric Co—
Jan
Jan
46%
Jan
100
Utilities
Steel
Textile
Creole
3
Jan
56 Va
'
Jan
21%
42
100
;
Mining & Smelt Ltd
Jan
9%
V!
Jan
210
10%
1
Co—
preferred
Consolidated Royalty
Jan
Feb
Jan
3
750
Feb
%
20%
9%
-
Jan1
10%
Jan
Feb
6%
Jan
1
Jan
18%
2,700
Jan
33Va
Jan
2
•
•
6%
100
9%
7
2%
•
Consolidated
_*
voting—*.——
footnotes
see
page
665.
•
Jan
21
Jan
East
Gas & Fuel Assoc common
4% %
4%
414
4%
200
4%
Feb
4%
Jan
6%
prior preferred
Malleable
•
1%
Iron
.100
61
100
preferred...
Eastern
4
■
Gas & Coke Secur common
%
9%
5% Jan
s"
'
preferred
£1
Co.
Fence & Wire common
Class
*
Jan
.*
Amer dep rets ord
$5 prior
;
Jan
3%
10
58%
1
;
' 8 %
Jan
Jan
600
800
Jan
Jan
45
1
Service.....
consolidated
;
Jan
7%
•
4,
B
Jan
-
21%
21%
Gas
Jan
10%
10%
:>
1%
dep rects ord bearer
Class
%
Jan
58
3/64
25
Tobacco—
Brown
Jan
44
'
58%
Jan
7%
~6%;
2%
2%
warrants-
Consolidated
Jan
36% Jan
3,700
&
Consolidated Retail
Feb
44
100,
series B preferred
preferred series C
2%. Jan
"*7
"5%
25
;
Consol G ELP Bait common..
Jan
130
Arms
4 %%>
5%
6%
500
■
Electric—
extended to
c
Jan
Jan
3%
'10
2%
Public Service—
Consolidated
214 Jan
13%
4%
1,400
Jan
4
warrants
preference
t
Conn
Jan
Jan
2%
"7
1%
common
Columbia
.22%
.)■
Jan
Compo Shoe Machinery—
Jan
,} 50
614
18
100
20%
.1
Community Water
22% Jan
8,200
/
20%
—
10%
...♦
A
British
Feb
Jan
23
7
100
Celanese
Jan
7%
7%
Feb
12
Jan
8'a
preferred
British
99%
Jan,.
Jan
,
Jan
Jan
Jan
•
Corp class A
Class
B./*.———
;
6%
100
7Vs.
Jan
,
11
Fuel & Iron
"2%
1
Brill
ord
101
98%
7%
•
Airlines
100
rets
Jan
".*
Co
common
Colon
.9%
.*
Aeronautical.!
dep
90
99%
,
Jan
9Va
-
Jan
200
1
Preferred
Am
8% Jan
v-
11%
Co
Colorado
6%
100
Oil
92% Jan.
700
11%
Corp
Utensil
Plow
Colonial
•
common—;
American
ftft
100
Coal
Aluminum
Feb
13 34
100
*
American
•
Feb
Jan
•
.....
Am
Jan
1,850
9
Jan
Jan
40.%
:
1
British
98%
94%
'
9
•
Jan
Jan
5%
•
common
British
Jan
is
13%
9%
23
Bridgeport Gas Light Co—.———--—*
Bridgeport Oil Co
1*
v
15%
•
Jan.
Feb
Jan
Brazilian Traction Lgt & Pwr.
Class
Jan
Feb
93 ft
13%
12%
8 %
•
Co
24%
13%
V
.ft.ft
22
400
4% Jan
22%
(S) Si Co
Mfg
'%" Jan
17% Jan
14%
6%
,
12%
3%
$5 2d preferred—.——
Brillo
1,500
6,600
22%
13%
100
12%
'
7%
7%
20%
'ft'
■ft-.'
Jan
Jan
7%
•
100
14% Jan
common
Corp
Feb
5%
Cockshutt
Jan
Inc
Brewster
Feb
37%
300
~2%
X
1st preferred
Breeze
91
Feb
Clinclifield
14%
Borne Scrymser Co...
7%
Jan
Jan
Club
..20
preferred
Bourjois
82
%
Community
6%
1*
Fay & Mach Co com—*
Bowman-Biltmore
Feb
100
ftft
36%
Jan
—it)
.
common.—..
Co
100
600
400
—
(H C)
1st
1%
Jan
Cleveland Tractor common
100
common
Blumenthal
97
3,300
V
1
$3 optional convertible preferred
V-
Jan
350
ft ft
7%
•
Cobk Paint & Varnish Co
■
Jan
8
14%
%
9%
Canada—--;—-———100
(E W)
8%
•
37%
5%
;<
—1
common—
Ridge Corp
Jan
13% Jan
n
9
Blckfords Inc common—.——.1
Blue
Jan
Jan
36%
22 %
Berkey & Gay Furniture...—1
Bliss
7%
Feb
7
-
100
99%
89
Feb
1
8.1a.
1
Hedges common**—ft..—'—*
preferred
Blauner's
6
2,400
Feb
Jan
u
4
*
Feb
3,600
—.1
Convertible
Birdsboro steel,
Jan
Neon Lights Inc
Clayton & Lambert Mfg
Cleveland Electric Illuminating
5%
■3%
3%
,130
*___
Ties—;
Aircraft
Bellanca
Bell Tel of
%
'■■i
7%
6%
6Va
1
Claude
Jan
2
8
0;
7 :•
20%
convertible preferred
V- $1.50
Jan
9%
113
-
'
11%
7j,4
11
(L) (Common—ft.—*—ft—.*•_
Mills lnc
Beaunit
Jan
Feb
$7 preferred.—.*
Clark
75
Seelig Mfg-4- " ft
Brummel
9%
98%
8% Jan
1.100
—
ft
1st preferred———
7%
Beau
Feb
112%
$6
preferred
•
City Auto Stamping
*
City & Suburban Homes——..10
.75Jan
8% Jan
——25
*.1
$1.20 convertible '-Mcommon—
Basic Refractories Inc
1
Baumann
100
Jan
Jan
8%
4%
Jan
85 V«
Feb
..Jan
%
Jan
Jan
97
preferred BB
Jan
7
Jan
12%
21
•'-I
•
Feb
•
1
■
-
9%
14%"
♦
Jan
800
Jan
Jan
Jan
3%
•*M*?»"••* .*?;
Jan
500
6% Jan
_5
Rubber Co common.,.
Stainless Steel
&
10
900
14%
—100
Jan
..
Jan
340
..14%
•:,;■
1
Jan
200
{; i
warrants".forftCommohftft—-
Barlow
8%
9%
A
.
15%
Feb
•
314
.
Feb
12% Jan
■
25
1,600
8%
Jan
110%
100
98%
638
5
6
48 Va
116
Jan
1.200
:::;;
1
*
Jan
8:,4
Wilcox, Co—
Barium
Co
Chesebrough Mfg...
Commonwealth
ft-
11V*
8 %
ftlft
50c
108%
a»/2
Jan
Jan
1,800
•
9 7'/a
,■
100
Jan
11
—————"
'
14%
"4%
4
1
Proaucts
3%
5.%
7% Jan
;
21
5
Feb
106%
Jan
114%
160
10,, |
B
Baldwin
n%
100
Feb
;
Jan
24
Jan
•
Collieries—.
■hiPurchase
.77o
prelerred
pfd
106%
:.
pfd—100
:
Baldwin Locomotive—.
%
4
*
com
Jan
13
1,000
Feb
■
preferred. 100'
Jan
2%
5%
Babcoclt
Elec
1%
Power. & .Light 7 7« pfd
Central .& South West Utilities
i..
& Sons.common—
6% preferred
Ayrshire Patoka
&
Power 57o
9%
r8%
Machine.——'*•
Voting
Gas
York
Cities Service P &,L
Corp——;—-.1
Products*.
Automatic
Maine Power
103% 103%
Forge common————**5
Avery {B.F>
Hudson
Central
Central
'v
Plywood
<Automatlo
Central
Jan
ft Jan
Feb
13%
11
1
400
.
Fisheries—
'
America
3,300
10
;Coast Line Co.;—
ft.
Feb
4%
13%
•
of
3%
a%
10%
50
Atlantic Rayon Corp—*—1
Atlas Corp warrants..!—•— ftftftft
—1;-.
;
13%
3%
Jan
2
13%
108 %
116
Si Co___—...........10
Corp
10 la
:•
3%
•••-
—3
Atlanta: Birm ir Coast^ RR Co
><■•-
Jan
Jan
,300
„
•
Atlantic
(A M)
.3%
£1
Atlantic
Products
Castle
111
Jan
12% Jan
1
Catahn
Jan
V'
25
47
115
1
3%
;3%
"Ashland. Oil & ^Refining Co*———.1
'/ Associated Breweries of. Canada—
..*
K''
common
Co common
Casco
Jan
1%
3.400
144
24
preferred—*
270
,;v:a%
.
If Associated Tel & Tel class A
Corp
(J W)
Jan
14
ft'
""ft
13
•
Jan
105%
13
•
common
23%
100
107.% 108%
3%
Common
Associated Laundries of America
Co
preferred
45%
Jan
';4
14%
108%
ftf Associated Electric Industries—
ft" ft/ American dep rects reg.
Jan
$6
Feb
Jan
8,900
17%-
2%
34%
/
/Art Metal Works common—*
Carter
1%
"l% "2
■
Chamberlin Metal Weather Strip Co—5
100
,•
pfd
Carrier
Feb
2%
*
Apex-Elec Mfg Co common
•ft Appalachian ElecPwr 4 % %
Feb
90
300
.'4%
2%
s
38%
Feb
%
3%
__1
:
Jan
3%
.2
Angostura-Wupperman —;—iLii
„;
:
16%
.*
ftft
Writing Paper common.
Carolina Power & Light $7
Jan
200
.
108... 108%.
American Thread <5% -.'preferred—;—5
„
Carnation
Jan
e/fioo
;v
17'4
—*
i
Jan
18 Va
26%
Jan
"l%
—
•
Jan
10%
15,300
12%
'
ft
1
A
Jan
1
2,000
,
Ki~±
Jan
7% Jan
22% Jan
1%
r%
12%
10
2
American
>
v
class
43%
•ft
common
Co
&
144
•
*
Products
City
90
30
90
Low
100
35%
100
38%
38
88%
feft 1
High
'
preferred
17
•
•
—,
_
16
7%
Ltd—
26%
100
—_
American Meter Co
•"
•Low
Feb
Jan
17%
American
16%
27%
15
107
25
"
Carman
100
25
_
Jan
Jan
20
:
43%
41%
16
...
Capital
200
25
Preferred
Canadian Marconi
Feb
36
4314
_
Jan
Jan
Jan
43
Laundry Mach—
Light & Trac common
preferred
American Mfg Co common
5%
514
34%
convertible preferred
American Hard Rubber Co
6%
Feb
450
American
>
:
108 Va
200
36
American
•
Jan
5%
5'/a
$2.50
Jan
350
35%
Corp
preferred
Par
Canadian Industries
28%
108'/a 108 Va
103 V*
1
1
convertible
$2
Hton
Jan
6,900
common.—10c
General
American
-
26%
27%
27
27'/2
100
Electric
&
preferred
Low
Hioh
Low
Par
35
.J..25
60
1%
600
62%
525
33%
25
Jan
63Va
Jan
Jan
600
35
25
1% Feb
56 %
4
32%
Jan
36
100
24%
Jan
25
%
J an
H
EXCHANGE
NEW YORK CURB
Week's
Last
Exchange
Week Ended Feb. 11
Range
Curb
preferred series B—
Eastern Sugar Associates—
$5 preferred v t c
Easy Washing Machine B
Economy Grocery Stores
Electric Bond & Share common
$5
preferred—.
$6
Power
Empire
Jan
Jan
44%
Jan
35%
Jan
6
42%
450
5%
800
~8%
37,100
7%
Jan
~8%
Jari
87%
2,200
83%
Jan
89%
Jan
92 %
3,800
88%
Jan
92%
Feb
91%
49%
52%
54
Jan
13
Feb
Jan
1%
1
J;}
8^/4
Feb
9
Jan
Insurance
400
-
8%
100
31%
9%
7<:
75
8%
2,900
10
113
113
113
pfd.—100
participating stock
•
Electric 6%
Jan
300
/
30%
9
5
Jan
7%
32%
Feb
Jan
9%
Jan
103%: Jan
116
Jan
Jan
19
Jan
34%
Feb
4%
Jan
5%
Jan
Warrants
Petroleum coupon
International
International
International
Satecy
B—
Jan
2%
Jan
Interstate
Home
Jan
Interstate
Hosiery
Jan
13
13%
12%
Jan
14%
15%
14%
Jan
16%
15
7%
5%
Jan
6
.25
& Warehouse
Fire Association
(Phila)
Ford Motor Co Ltd—
Am dep rets ord reg
A
B
Feb
20%
Jan
Jan
2%
Jan
preferred
convertible
~4
Jan
24%
Jan
44
Feb
46
Jan
*
*
preferred—
1
Mfg voting
trust ctfs—*
Jacobs Aircraft Engine Co
1
6%
17%
150
17
Jan
18
7%
Jan
11%
11%
150
107/a
Jan
12%
Feb
preferred
37
10
38
Jan
38
58%
58%
10
58
Jan
60%
Jan
1
Feb
Alloys Co
..*
£l
1
—10
1 *
Klein
Power $6 preferred
Georgia
preferred
$5
(A C)
Gilbert
.
Class
$7
B
Mines
Mfg
Jan
11'
'Jan
stock
common
preferred
Lane
Paper
Northern
Langendorf United Bakeries class A
Jan
10%
Jan
Lefcourfc Realty common.
Jan
preferred.....
Leonard Oil Development.,;—
Le Tourneau (R Q) Inc.
%
Jan
5%
Jan
2%
preferred
100
common—————1
Bryant 7%
40
104
—
5
..
B
Class
—
—
60
Feb
Feb
32
Jan
Lionel Corp
Jan
5%
Jan
Lipton (Thos J) Inc Q%
4,800
7
Jan
11%
Feb
Jan
Jan
29% Jan
6% Feb
3% Jan
86%
Feb
Locke Steel Chain
134%
Jan
Lone Star Gas Corp new common
33 %
Jan
Long Island Lighting common
7%
Jan
4%
Feb
111%
Jan
112
Feb
preferred class A.
100
preferred class B...—....
100
Louisiana Land & Explorations.—...J
Louisiana Power & Light $6 pfd.
•
Stores Products common
Utilities $5.50 pfd
States
preferred
Gypsum Lime & Alabastine
:■
300
6%
700
4%
—
•
•
$6
33
'
500
—
„
—
—
__
Jan
109.
111% Jan
..
.5
Line Material Co........
...
10
preferred—25
9% Jan
—
—
—*
—
—
—
Feb
dan
Jan
Feb
Feb
Jan
Feb
—
—,
1 % Jan
29% Jan
A - Jan
27% Jan
9,400
100
Groceterias
Class
A
—
—
—
9,500
52% 55%
49% 52%
26,400
> 725
1,600
6%
111
6%
6%
111
111
1,600
60
27% 27%
50
ft
.—
8%
1%
8Va
1 •
8%
1%
55%
52%
.10
6%>
common—
—
—
-
10%
—
——;—
5
15% 15%
250
7%
Lynch Corp
100
10%
—
—
Lit Brothers common.—.——
Loblaw
6%
_2% Jan
105% Feb
21 Jan
5%>Feb
200
10% 11
Jan
4
1,200
46 k
15
3
'.,2/*
105 e
11%
23
5%
2% Jan
—
—.
%
13
27% 27%
%
.....25
...—-1
4%
31%
900
* 100
20
Jan
30%
84
132
—
"
56
100
25
Jan
Jan
390
L"70®
—
—
—
100
85%
—
—
—
Convertible
100
133
11%
—
*
260
85
11
11%
•
...1
—...
xl3
xl3%
Machine—.——1
of Delaware..
Corp
45% 46
13%
2% 2%
2%
2%
105 % 105%
45%
....100
—1
(N J)—
Lake Shore Mines Ltd
Lamson
133
37
12
—
--
L
RR
Lackawanna
Lane Wells Co
•
100
25
*
25o
•
Jan
Jan
Lakey Foundry &
Pacific Tea—
Greenfield Tap & Die
Gulf
J an
8
Varnish
Non-voting
Grocery
100%
10%
•
Gray Mfg Co
Great Atlantic &
Great
Jan
5%
—
—
10
1
common
Grand Rapids
1st
Jan
100%
•
Inc class A
preferred
7%
112
50
Jan
100%
Jan
112%
1
Mfg Co
100
10
4——1;
Co.
Brewing
Feb
8%
16
—
:
.•
-
—
—:
,
102% 103%
103%
100
Feb
Jan
•
Consolidated
$3
Kreuger
—•
preferred—.
Goodman
Gorham
Feb
•
Goldfield
Gorham
Jan
_•
2
—
79%
—•
Sugars class A
Godchaux
—
"l%
•
•
Co
Gladding .McBean & Co.—
Glen Aldeu Coal
—
—
Jan
9
15% 15%
—
*
Inc..—_——.
Feb
45
—
—
—
common—1
Stores
1%
Jan
2%
—
—
75 %
8%
—
__
preferred
Kresge Dept Stores—
■
4% convertible 1st preferred
Kress (S H) special preferred
41%
—
61% 64
50
50
2% 2%
4% 4%
—
1
Ltd—
Koppers Co 6%
•
common
Preferred
Gilchrist
100
100
—1
——-1
Emil) Co common
•
(I B) Rubber Co———10
Kobacker
•
•
•
.
(D
Knott Corp
.
preferred
$3
13%
13 %
—
pfd B—
preferred D
Products
Petroleum—
bVo
Kleinert
preferred series A
Fireproofing common
Gen
ins & Elec $6 preferred B
•
General Outdoor Adv 6% pfd
100
General Public Service $6 preferred..*
General Rayon Co A stock
•
General Shareholdings Corp com
1
$6 convertible preferred
•
Gen Water Gas & Electric common
1
5%
General
124
10% 10%
10%
.——5
Kirkiand Lake G M Co
dep rets ord reg
Amer
100%
:
124
124
preferred—100
Inc..—.—
Kingston
Kirby
General Finance Corp common
100.
Key Co common————•
Electric Co Ltd—
Gen
93
Kings Co Lighting 7%
l7/a
1
Mfg Co common—
92
Jan
73
..100
preferred
5 '/o
General
88%
Jarr
8
Gellman
88
Jan
*
common
2%
2%
100
——*
.
Co———.
Julian & Kokenge
Ken-Rad Tube & Lamp A
Co
6 la
5%
Jan
37
3%
%
3
—......—1
*
Central Pwr & Lt 5%% pfd—100
preferred....—..
——100
Co
Glass Co
\r Lit
Jeannette
Kansas Gas & Elec 1%
Power
Jan
1
*
Kennedy's
Gatlneau
Feb
lVa
1%^ Jan
1
*
Irving Air Chute
Jan
17
*
.100
*—100
stock.
conv
Jan
Vo
27%
Jan
20%
3;./ Feb
200
3
3
21%
Jan
Royalty
Iron Fireman
Jersey
3
Feb
%
Equipment
Mills
Interstate Power $7
Investors
Jacuos
rets bearer—
—;
Brewing Co
ft
1
Franklin Co Distilling
V
Froedtert Grain & Malt common
...1
Fuller (Geo A) Co
1
20%
Jan
2
(Peter;
4%
4%
dep
Amer
$3
Jan
19% Jan
'
*
Motor of France—
Ford
Jan
19%
£1
voting——
Jan
•
Italian Superpower A———
62%
60
61
61
61
Jan
4%
10
non-voting
Class
7%4Feb
' Irj'v
r'I!
Canada-
Motor of
Class
Fox
Jan
1%
7%
Federal Compress
Ford
7%
2%
—
Co
Fedciers Mfg
9%
2%
13%
*
Metallurgical
1%
preferred—.
prior
8
13%
Jan
:—;
2%
1
Brewing
Falstaff
Fansteel
$3.50
Jan
Jan
1%
•
——.*
—;—
9%
■■■■■■
1
& Airplane—
Feb
;
8%
Razor B
preferred
/
7% Jan
10
International Utility class A
Faircnild Engine
shs__*
Products
9%
'
shares—
Registered
$1.75
Feb
19%
31%
-Class
Feb
15%
Jan
10o
1
3%
Jan
International
Inc common
Eversharp
Jan
17%
Jan
Jan
Jan
3
17%
1%
20%
9%
8%
Jan
Jan
Jan
Jan
1%
18 %
Feb
7%
7%
Jan
50
Jan
16 34
Jan
8%
Pipe Line common
Eureka
Jan
84
Jan
15%
Jan
-}■
31
Feb
50
1
.*
Minerals and Chemicals—
8%
Esquire
Jan
14%
—
Preferred
■■
Jan
Jan
Jan
l%
Feb
77%
77%
International Industries Inc
International MetaMndustries A
1
Jan
110
Jan, 7 l 61
Jan
:z/r63 J/
27
28
Hydro Electric—
$3.50 series
—5
common
convertible preferred
Jan
1%
International
Jan
Feb
Cigar. Machine.—'——
International
8%
9%
43%
rlVa
10
America
of North
Jan
Jan
46%
preferred.—.—--—-———100
Co
Jan
12%
9
100
47
1
Industrial Finance v t c common
Jan
30
l'
■
12 %
Feb
108%
"9%
"9%
100
preferred
Jan
Feb
11%
1,000
12
Jan
11%
11%
Indianapolis P & L 5%% preferred.100
Indiana Service 6% preferred
100
7%
5%
5%
—£1
Ireland
8%
15
Equity Corp
$3
Jan
37%
~8%
-1
Derrick & Equipment
Emsco
37%
Jan
87
Mfg—
Electric
Emerson
Empire District
Jan
33%
5%
——
National Watch Co
Elgin
33%
350
41%
•
Light 2d pfd A
warrants
Electrographlc Corp
Power &
£1
*
Registered
*
Imperial Tobacco of Canada
5
Imperial Tobacco of Great Britain &
300
High
Loto
Imperial
.
—*
*
Option
Jan
35%
33 Va
1
•
•
5
preferred
$6
Electric
\h
Chemical Industries—
Am dep rets regis
Imperial Oil (Can; coupon
v
1
H Feb
200
Range since January 1
High
Low
Par
Loto
36
35
•
*
preferred series A
$7
14
—*
States Corp
Eastern
//
11
Feb.
Sales
for Week
Shares
/•%'. Last
Exchange
Curb
Ended
Week
1
Range since January
Shares
High
Low
Par
New York
•
for Week
of Prices
Sale Price
Sales
.
Friday
Week's
;'■/■ v Range
Sale Price;"/ of Prices
STOCKS
°
Friday
STOCKS
York
New
Monday, February 14, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
662
10%
10%
22 %
1%
18%
15%
8
1%
51
49
6%
109%
27
11
Jan
11% Feb
23 Jan
1% Jan
Jan
Feb
Feb
Jan
Jan
Jan
Jan
Jan
Jans
18% Jan
16
Jan
8% Feb
1% Jan
56% Jan
54% Jan
Jan
7% Jan
111
Feb
Feb
Jan
Jan
•
Jan
28
-
Hall
Co
Bridge
Hamilton
Hammermill
-
Jan
5
10
25
Light
Electric
Hartford
Ltd
Co
Paper
5%
6%
6%
6%
8
*
Lamp
Jan
-•
6%
5
Jan
Jan
19%
7/.'
48
■
100
48
Jan
21
Jan
47
Jan
49 %
Jan
iy8
1%
3,600
1%
1
3%
3
3%
7,700
2%
Jan
1%, Jan
3% Feb
of America B non-vot com..1
5%
5%
53a
1,100
5%
Jan
5%
Hat Corp
Hazeltine
Corp
Hartford
preferred
Her.,a
Mining
:
...
Class
Co
Preferred
Henry
Horn
(A
Horn &
Horn
5%
&
Co
C)
& Co common
common
.
Hardart
;
Fibre
41%
Jan
Jan
30
4%
44
_7%
7,500
7%
Feb
12%
Jan
12%. Feb
-20%
24
Jan
Jan
27%
Jan
Feb
14%
Feb
Jan
15::,
.
9%
Mead
Feb
22
Jan
Feb
26%
Jan
Jan
Messabi Iron Co
Jan
Metal
Jan
preferred
..
Metropolitan Edison $6 preferred.
"
9%
9%
Jan
14%
Jan
15%
Merritt
■
5%
conv
—Pivldend
33
Jan
36
3%
Jan
4%
25 %
111%
Jan
26%
111
111 % 111%
Jan
Jan
Jan
111%
19%
For
50
Co
footnotes
•
see
page
665.
1
25c
;
Corp
Jan
40%
Feb
18 %
19%
40 V4
38%
4
Jan
4%
Jan
~7%
_7%
6%
Jan
7%
Feb
2%
2%
Jan
2%
Jan
21
21%
20%
Jan
22%
Feb
114
Feb
Feb
7%
Jan
7%
3%
Jan
10%
Jan
2%
3V4
.9.
9%
.
Jan
Jan
Jan
138
.
1%
fz
—
11%
9%
Jan
12%
Jan
—
■
^
7%
1%
Jan
:
Jan
Feb
46
7%
Jan/•.;'/.,
Jan
1%
Feb
Jan
103%
Jan
1%
Jan
1%
Jan
2%
Jan
2%
Jan
.%
101
101% 102%
" 1%
1%
Jan
36
:
3
3
5
%
„
,
Jan
110
Jan
3
Jan
3%
Jan
Jan
L 5%
Feb
Jan
%
6
Jan
7Va
Jan,.
1,200
5%
Jan
6%
Feb
4.500
8
Jan
9%
Feb
Jan
—
—
5%
6%
Jan
36
3
„
3%
Jan
6
7%
—
"
2%
Micromatic Hone Corp
%
41
■:
„
new—1 /.
2.50
*
10
1
Middle States Petroleum class A v t c.l
Class Bvtc—
;
-1
Middle West Corp common
5
Midland Oil Corp $2 conv preferred..*
Preferred
v
„
15
3%
1%
7%
3
Feb
146
■••;6%
6
5%
%
' 6%
6%
9%
400
2,200
5
'
%
100
100
111 ;/■ Jan
Jan
Jan*
11%
Sugar Co
Michigan
Jan
39%
•
Midland Steel
•
5
arrear ctfs..;
100
Michigan Bumper Corp
Feb
Feb
18%
40
$2 non-cum
Mid vale
.
Jan
5%
6'2
46
45
—
A preferred
Textile
-
—
—
3%
3%
Michigan Steel Tube..———
4,100
jjoo
451/3
441/3
6%
451/3
133/8
preferred—.
Zinc
—*•
Chapman'i& Scott—
Warrants
Participating
26%
■
143 % 146
46
♦
2<i
15%
25%
"7 9%
143%
8
Memphis Natural Gas common
Mercantile Stores common—-
Midwest
Illinois
Co
20%
9%
•
common.:
&
Johnson
Co
12%
13%
6,300
ioi/2
10%
150
6%
6
4% Jan
43% Jan
7% Jan
46
Jan
9% Jan
14% Jan
10% Jan
11% Jan
9
' 2
10
8%
1%
2
10 •'••*■ 10 V*
Oil
Co
25%
—
.
Mining Corp of Canada
Mining & Mfg
10%
Jan
20%
24%
Jan
26%
Feb
Jan
2%
Jan
8'/a Jan
8%
Jan
1%
25%
25%
25
814
800
"2% "2%
500
8%
15%
Fiping & Supply
Mid-West Refineries
Midwest
Minnesota
Jan
Jan
1%
Product's—
dividend shares..
common
Jan
20
3,700
97/a
9
5.100
2 la
1%
;
9
Jan
Jan
—
Abrasive
Mid-West
Illinois Power Co
6%
3%1
3%
•
...—*
24
15%
1
1
Food Products
•
:
Dredging
21%
34%
7%
3
c
Harris common
6%%
33%
26
Jan
\l- Jan
4%
;
1%
7/o
Jan
10%
Co
1st preferred
Hydro-Electric
Securities
Massey
/
1%
McCord Radiator & Mfg B...——•
McWilliams
Feb
9%
v t
Utilities Association
Feb
19
*
Mass
Jan
Com¬
*
14
14%
Marine
Margay Oil Corp
14%
14
81
Ltd„.
Marion Steam Shovel
Jan
Jan
Jan
Co
Jan
Jan
6%
9%
9%
munication
Jan
*
Mfg Co
International
Marconi
Jan
26
*
5
Corp
Huyler's common
Hygrade
3%
"7%
Inc
Humble Oil & Refining
Ligonier
"7
9%
100
5
(Harvey;
Hussmann
Jan
28
10
'■
•
•
1
•
*
Hardart Baking Co
Hummel-Ross
400
if 400
•
preferred
Hubbell
4
5
common
Inc
(Geo A)
Hormel
28%
Consolidated
Mapes
Jan
11%
'7
10
Consolidated G M
Co
28
7:7.4i7:
2.50
Heyden Chemical common
Hoe (R) & Co class A
Holophane
<
,
5
Hewitt Rubber common
Horder's
•
♦
Holt & Co participating A
Hollinger
4
25c
.—_____*
*
2
25
common
•
—' '
50
:
—
Co
A
Heller
*
,_5
...
common—
Rubinstein——
Helena
,U
1
ctfs
Co
Dept Stores
Hearn
trust
voting
Rayon
Brewing
Harvard
Feb
Jan
5%
5%
51%
Mangel Stores.———.
1
$5 convertible preferred.——.—*
Manischewitz (The B) Co
•
yv'*:
2
1%
1%
optional warrants
Manati Sugar
53%
Jan
UJ
"
53%
Jan
2%
150
53 %
17
2%
Jan
Jan
Jan
Jan
Feb
Jan
56'4
Jan
1
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
NEW YORK CURB EXCHANGE
STOCKS
New York
Week
Curb
Exchange
Ended Feb.
of
Sale Price
,,
/fl^
100
Monogram Pictures common
Monroe Loan Society A—.'
_*
16%
3
—1
17%
2%
17%
Jan
Feb
113
8%
Jan
Phoenix
Jan
15%
Jan
Pierce
10
Jan
Pioneer
Jan
18% Jan
3%
15%
2%
4,100
1%
—
.
Feb
3%
1%
Jan
Jan
Jan
.
—10
170
Jan
18%
Jan
50
18%
29
28%
Feb
30%
Feb
Jan
9%
Jan
29
■
9
V,;'* j
1%.
1%
1%
5%
5%
common
Mines
Pitney-Bowes
Postage Meter—
Pitts Bess & L E RR—.—
Pittsburgh & Lake Erie—.
7%
1%
Jan
6
Jan
Potrero
Jan
128%
15%
15%
/
Jan
13%
300
15%
12%
i
— —
,
——
Jan
8%
9
73
:
600
69%
9
—•
-100
11%
260
-
131
Feb
15%
Jan
6%
250
12%
—,
13%
Feb
Jan
Jan
Feb
Jan
64
9
73
Feb
common....—..
Premier
Gold
Prentice-Hall
Pressed
Jan
2%
Jan
7
Jan
8%
Jan
.
'
4.-.
■
3%
14%
14
2%
Jan
Jan
102%
3%, Jan
3%
:
/
Jan
400
44
Into common.....——*
14%
Jan
Feb
14
Feb
2
%
Producers
Corp of Nevada—
1
Prosperity Co class B—
Gas
—....*
National
14%
Bellas
Hess
National Breweries
7
ffc
1%
Candy Co-...——
National
Jan
6%
Jan
6
Jan
26%
Jan
29
Jan
IS- Jan
1
■
300
28
13
6,700
6%
300
%
200
%
City Lines common
Jan
Jan
40%
Feb
12
12%
13
Jan
55
58
Feb
11%
11%
43
100
12
7
National
Refining
common-.
*
10%
11
700
National
Rubber Machinery
Steel Car Ltd
•
10%
10%
200
__*
National
Sugar Refining.
National
Tea 5Va%
National Transit
(Herman)
:
19
12%
12.50
101 %
700
12%
Jan
11% Jan,
Jan
13%
Jan
18%
500
Feb
20
Jan
Jan
8%
Jan
12%
11%
Feb
.
1,200
1%
Feb
1%
3V2
Jan
4%
100
26
60
112
~6%
400
7%
~6%
6%
5
27
300
27%
114
4%
6%
Feb
Jan
6% Jan
Jan
—.•
7%
Jan
7%
Feb
Nestle Le Mur Co class A——
«
New England Power Associates..
—•
6%
preferred.
—100
7%
7%
7%
200
5%
Jan
7%
Jan
5%
4%
*5%
800
3
Jan
5%
Feb
„
$2
preferred
7%
54%
54%
56 V2
3,375
47%
Jan
56%
Feb
18
Feb
19%
Feb
105%
l65%
105%
120
105%
Jan
106%
Jan
9
600
6%
Jan
9%
Jan
•
...
New
England Tel & Tel—-——100
New
Haven Clock Co—
—_•
8%
9
New Idea Inc common
New
25
Arizona Land.
New Process Co common
55%
57
1
$6
N Y
preferred
If
Electric &
Founders
l
300
21%
Jan
112%
Jan
115% Jan
103
10
102
Jan
104%
Jan
23%
Jan
11%
Jan
Jan
5'e
5%
2d
Class
B
111
Jan
40
64 %
Feb
75
Jan
66
14%
Feb
17,400
2%
Jan
3%
Jan
—100
74%
76%
1,650
74%
Feb
83%
Jan
preferred
_ioo
optional warrantsoptional warrants
67%
69
"70
67%
Feb
1/64
1/64
300
%
%
500
5%
5%
300
preferred—.—.
A
preferred
5"
100
,
Jan
A
6
__„t
Jan
9%
Feb
174
13%
13%
250
12%
Jan
13%
%
%
500
10
Jan
2,400
1%
Jan
2
2,300
4%
Jan
6%
26,000
%
lit
108% 113%
%
Jan
6%
prior preferred
North
j jj Jan
Jan
IS Feb
28
Jan
28
100
113%
Jan
Jan
%
30%
Jan
Jan
30
T:r*
Utility Securities—*
Central Texas Oil-
"%
Jan
—5
Northeast Airlines
North
l
Penn RR Co——
Nor Indiana Public
7
preferred
',••••
■
...
pfd.100
4%
u—
8%
'.w-*,' -,;V.
■■
Jan
,
■"
2%
6,700
1%
Jan
2%
700
21%4
Feb
23 %
Jan
725
11%
Jan
12%
Feb
4%
34,100
3 %
Jan
4%
Feb
Jan
13%
...
3
1
c—.—!
"8%
10%
7
21,200
Jan
Jan
87
Jan
Jan
106
Jan.
N0 vadel-Agene
23%
24%
800
Corp
•
~7%
9%
Jan
23
Jan
10%
Jan
Feb
24% Feb
/
common
Ohio
Brass Co class
Ohio
Edison
—
B
•
s;,
preferred.
Ohio Power 4%% preferred
ICO
Ohio Public Service 7%
ICO
6%
1st
1st pfd
preferred—
Oilstocks Ltd common—
50
—'
*
Securities—
Jan
30
115
Jan
108
Jan
Jan
114
-
;
Jan
116%
Jan
,200
5%
Feb
5%
Feb
600
18%
Jan
21%
Jan
54
Jan
55
Jan
840
110%
Jan
113
Jan
110% 111%
__
8
l
50
7
,
7%
~8
'
Feb
8 "
Feb
Jan
6%
300
%
Can
Co
common.
Pacific Gas & Elec 6%
5%%
1st
1st pfd——28
preferred——
.25
7%
Jan
10%
Jan
11%
Feb
2%
2%
Feb
2%
Jan
5%
5%
Jan
6V4
Jan
17%
Jan
18%
Feb
18
Jan
8
Jan
8t Lawrence Corp
Class A
3%
Ltd
Pacific
$1.30
Public
Service
1st preferred.
—
United Corp common
1
Mills
——..../
Oil Co—
S
Samson
$2.80 series preferred—
——•
Penn Gas & Elec class A com
—♦
Penn
$6
Perm
Power Si Light
$7 preferred—*
preferred
Salt
Mfg
Securities Corp General.
'
Sentry Safety
_■
Seton Leather common——
Shattuck
Traffic CO—
Penn
Water & Power Co—
Pepperell
Mfg
Sherwin-Williams common—.——25
5% cum pfd series AAA———100
Sherwin-Williams of Canada—...—-*
Co
—■
Perfect Circle Co.:
—
Pharis Tire Si Rubber——
Philadelphia Co common.
For
footnotes
*-
see
Jan
Feb
Jan
Sonotone
Jan
Soss
10
96%
Jan
104
5%
Jan
Jan
8
Jan
8
25
250
24
Jan
25
Feb
17
17%
900
16%
Jan
17%
Jan
32
Jan
37
35%
__.
'
5
;■
100%
35%
W
5%
—
;
3,200
99% 100%
540
94
Jan
35% Feb
Feb
33%
Jan
Jan
5%
Jan
64% Jan
65%
Jan
4%
12,700
>;
~i
163
34%
■
■■
-
;
*>8
Jan
94%
Jan
50
90.
Jan
50
163%
:•
32
50
'
."
~1
V
162%
Jan
page
65%
129%
65%
129
66
100
~1%
101
95 Va
164
Feb
Jan
Jan
Jan
'
-
7%
9%
'
Jan
66
130%
:
33
Feb
Jan
Jan
31
Jan
7
Jan
7%
Feb
400
9%
Jan
9%
Feb
— —
7%
64% Jan
125
600
-
9%
665.
750
129%
Feb
37
25
32
Jan
2
Jan
2%
14
Jan
16%
Jan
Feb
Jan
16%
100
2%
10,500
1%
Jan
2%
Jan
61%
Feb
61%
1,725
50%
29%
300
27%
Jan
31
Feb
Feb
26
Jan
Feb
72
Jan
Jan
10%
Jan
41
Jan
1
•
1%
3,200
1%
Jan
7
■■
7%
7%
600
6%
Jan
7%
Jan
16%
100
16%
Feb
16%
Feb
16%
—,
%
i«
G%
__
1
7%
72%
73
74
73
%
Jan
1%
Jan
G%
Feb
8
Jan
Jan.
74
Feb
Jan
73
8,200
400
67
500
69
50
Corp————
—--J
Manufacturing common——1
Sopth Coast Corp
South Penn Oil
li
100
%
Feb
3%
Jan
Jan
2%
Jan
common—.—.1
——-———25
:
Feb
4
Feb
7%
Jan
2%
1,500
2"%
Jan
200
12%
Jan
13%
Jan
300
91%
Feb
95V4 Jan
70
114%
Jan
2%
H,'?
92%
—
Feb
12
Feb
Jan
16
Jan.
26
2%
234
261
3
2%
2%
2%
Feb
12
—
2%
115%
14%
—
--—
258
108
..
—
B
Jan
•
92'4 92%
115
115%
Vh
--
Jan
Jan
Jan
Feb
Jan
26
2%
275
3%
111
Jan
Jan
Jan
Jan
Jan
13%
•
3
600
Feb
13%
Feb
2%
Jan
3%
Jan
4%
1,100
3%
Jan
5%
Jan
2%
1,100
2%
Jan
2%
Jan.
4%
2'»
4%
2%
--s/
Jan
4V2
Jan
..
"2%
Pa Pipe Line.
—10
California Edison—
5% original preferred—.——25
40 %
6% preferred B-—,—^——25
5 V2 % preferred series C————25
Southern Colorado Power class A—25
—
1% preferred —
100
—
Southern New England Telephone—100
Southern Phosphate Co
10
—
Southern Pipe Line
—-——10
—
Southland Royalty Co—..——
5
—
Spalding (AG) & Bros—....——-1
--6
1st preferred
—
—42
Spanish & General Corp—
Amer dep rets crd bearer
...
Amer dep rets ord regis———
200
44%
500
40%
—
~3 '/a
43
..
40%
2%
43
Jan
3 %
Jan
Jan
44%
Jan
30
.
Jan
30
Jan
40%
Southwest
Southern
/ ;
7
2,200
Feb
...
"5%
Feb
9%
—•
9
103
—•
_._i
common—
19
Jan
94
..--.100
...
81
Jan
108
':-
4Va
--
—5
Mining—...
Feb
33
Jan
———jf 50
Co
Denn
Shawinig m Water & Power
Jan
Jan
106%
■
Jan
100
—J
Feb
32%
30
7%
2 %
64
———1
19
100
24%
——.—50
Penn
Control-
Serrick Corp class B__—
81
32 %
10
11,200
2
73
25
$5.50 prior stock—..
Allotment certificates.——
Manufacturliig Co.—..'——100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis———.El
Sioux City Gas & Elec 7^ pfd—100
Smith (Howard) Paper Mills
-*
Solar Aircraft Co.————1
Solar Manufacturing Co
—.—1
107%
14,400
Jan
58%
Singer
/
Feb
9%
Y%
2%
59%
~7
Jan
8%
5
150%
24
*
Selby Shoe Co...—————
Selected Industries Inc common...—1
Convertible stock—
——-5
Jan
Jan
Jan
Feb
4%
146
37
2 a;
Hardware———1
36%
81
Jan
29
,
Inc——
Jan
■
Feb
8%
175
*
1
—
35
7%
17 %
—
Co_
Co common
600
81
"7%
2 Va
3,500
11,200
*
preferred——
Steel
4%
37
common
36%
Jan
Jan
Jan
16%
•
-1
—25
Scovill Manufacturing
25
Scranton Electric $6 preferred——*
Scranton Lace
common
—
•
Scranton Spring Brook Water Service—
Scullin
9
2%
Simmons-Boardman Publications—
$3 convertible preferred...—
*
Simplicity Pattern common....—-.1
•—
—
8%
4
Co
4%
150%
149
...
Savoy
Feb
103
—
Page-Hersey Tubes common
...*
Pantepec Oil of Venezuela Am shs...—
Paramount Motors Corp
l
Parker Pen Co.——————10
Parkersburg Rig & Reel—
:
1
Patchogue Plymouth Mills—
—•.
Peninsular Telephone common——*
$1.40 preferred A__i__
—25
Pennroad Corp commun————l
Pennsylvania Edison Co $5 series pfd_*
4%
4%
149
9
,
14
5
5 %
—
,
Jan
•
Jan
1 %
common
13
;
4%
50
$2 conv pief.———
Regis Paper
100
32%
Jan
5%
5
1%
preferred———
..100
Salt Dome: Oil Co.—.—..—-1
St
14
107
Pacific Lighting $5 preferred———•
Pacific Power & Light 7% pfd—100
Jan
Feb
107
11%
35%
36%
Jan
:
5%
14
—•
%
Jan
:
2%
Silex
Pacific
%
105%
Feb
110%
5 %
.
50
Jan
11%
Feb
109
-
111%
1
____
112%
270
21%
__
,
Jan
V.
5%
—.*•.■
Feb
19%
113
21%
>
4%
Jan
-
116%
i /'■;
—
Jan
18%
112%
112
116
.'
—
—15
preferred—
Overseas
'
3%
175
•
111% 112%
——6
common
$5% conv prior preferred
Oliver United Filters B—
Omar Inc—
112
100
Oklahoma Natural Gas
$3
•
3,900
4%
19%
600
Jan
3%
Feb
;—-5
Co_«l_———1
$1.20 convertible preferred———20
Royalite Oil Co Ltd.—i——-*
Russeks Fifth Ave..
—2
Ryan Aeronautical Co—...
—1
Ryan Consolidated Petroleum..
•
Ryerson & Haynes common
—....1
Petroleum
Segal Lock &
3%
•
2%
1,100
Jan
1
H Feb
_—
Seiberling Rubber common...
19%
4%
,
common—
$6
11
Jan
Corp common—.———B
Seeman Bros
l/ip/
Ogden Corp
3
106% 106%
106%
Roosevelt Field Inc
$6
Northern States Power class A———25
17
12%
Feb
4% Jan
87
1,700
Id :
—
Jan
Jan
22%
Aviation
Cable
Rome
—.100
—
Jan
1%
Schulte (D A) common..
Convertible preferred.:
104
8%
—50
Service 6%
15%
12%
:
21%
Schiff
''
Northern
400
3.400
Jan
Jan
12%
Jau
"»r
„•/.
American
103
300
29
29
50
1,675
30
29
16
28%
W
Engineering——5
Sanford
•
North American Rayon class A—*
Class B common
•
15%
26%
16
Rochester Gas & Elec 6% pfd D—..100
Roeser & Pendleton Inc..
...♦
Jan
5%
..
1%
13%
Jan
11%
Jan
2%
•
6,700
Jatf
105
Jan
Jan
■
Jan
Jan
1,700
Jari
Jan
%
9%
Power common—1
preferred
77
i
.
10%
11%
11%
Mines--—*^,5
Amer Light Si
105
10
105
205
«
1/64 Jan
dV Jan
5% Jan
A
Noma1 Electric.
$6
Jan
2%
Niles-Bement-Pond
North
109%
2%
Nineteen Hundred Corp B___
Nipissmg
20
10
common—
Niagara Share class B common—
Class
Jan
700
64%
1st
Class A
13
14%
110% 110%
Jan
10%
1%
Richmond
Radiator
Rio Grande Valley Gas Co v t
100
Jan
75
154
Jan
1%
Feb
100
Niagara Hudson Power
10%
Jan
Jan
152
fill;:
R
2%
23%
Jan
1%
Jan
115
13%
71%
.
20
2%
103
pfd.100
;
1,100
Root
shares
190
72%
153%
/Iff'-"',
Radio-Keith-Orpheum option warrants.
Railway & Light Securities
Voting common.
...
10
Railway & Utility Investment A—1
Rath Packing Co. common
10
Raymond Concrete Pile common
..*
$3 convertible preferred—..—,..—*,
Raytheon Manufacturing common__50c
Red Bank Oil Co———-——1
Reed Roller Bit Co——
—•
Reliance
71%
153
300
Shipbuilding Corp—
N Y State Electric & Gas $5.10
N Y Water Service 6% pfd
Feb
1,100
11%
•
.
Feb
9%
%
115
23
12%
Jan
13%
—10
115
Jan
8%
99
Q
Feb
preferred—100
11
400
%
Jan
7%
150
9%
12%
8%
Merchandise——
12%
—1
~3%
Power & Light
Jan
Rice Stix Dry Goods
—•
Richfield Oil Corp. warrants.——-
Jan
Y
,12%
Republic
Jan
Y
Jan
Jan
7%
N
Jan
11%
Jan
3%
N
93%
400
59 %
•
...
275.
12
19%
Y
Jan
98 %
Jan
•
common
12%
Feb
Y City Omnibus warrants
Y & Honduras Rosarlo..—.10
Co
114%
Jan
55%
N
Auction
Jan
10 ya
18%
N
N
114%
400
2%
2%
Jan
-L-
1,800
57
,
Jan
44,200
•.
3%
18%
18%
Jersey Zinc—
New Mexico &
Jan
8
125.«
9
72%
Quaker Gats common....
6% preferred.—
Quebec Power Co
Jan
114
8
12 %
Jan
1,300
27
% Feb
V
Jan
;■
11%
9 %
10
Jan
1%
4%
112
Feb
98
11%.
11% Jan
Jan
Jan
Feb
11%
'
98
Jan
1%
-
Neptune Meter class A.—
Pyrene Manufacturing..
4
•
.30c
Corp—
Jan
8%
18%
Nbvurro Oil Co
,•
Nebraska Power 7% preferred—100
Nehi Corp 1st pfd—
.-.*
Nelson
4%
10%
preferred——10
—.
Jan
Jan
13
*
Tunnel & Mines—;
Union Radio™—
National
Jan
4%
10
■
6%
;
Jan
iv;.,;
-w' f::-
12%
10
Common
101V4 Jan
National
Jan
Feb
44
Jan
6%
Jan
'
$5 prior preferred..
Puget Sound Pulp & Timber—
—•
Pyle-National Co common—.—.—
5
.
11
8 :'' Jan
U-1'
100
.—.100
11%
*
-
6% 1st preferred
7% 1st preferred...
Puget Sound Power & Light—
30
53%
—50c
convertible ,preferred——
-50
National Fuel Gas
—•
National Mfg & Stores common——*
National Power & Light $6 pfd
Jan
Feb
3%
Jan
'5%
5%
300
Public Service of Colorado—
40%
40
$3
National
1%
Jan
Feb
28
28
—25
National
Feb
35
28
_•
—
1%
1%
common——1
common
preferred
17
Jan
Jan
10%
3,800
6%
44
6%
..1
Feb
Jan
30,700
11
u
Feb
14
25
3 %
12
14%
■
Mining...—...——!
♦40% Jan
60% Feb
11
1,200
6%
■'
•;
;«P4^
Jan
95
500
3%
Providence
Nachnian Corp
7% Jan
55% Jan
:
'
102%
10%
ll-;/;
;V:
40%
'
210
—•
of America—
17%
Jan
400
60%
27%
Metals
Jan
1%
14
14
5
—
Feb
12%
3%
.*
Pratt & Lambert Co.—
26
14%
——8
Power Corp of Canada—
Jan
300
8
99
3%
—
Alexander...
Jan
22%
500
59%
102%
......
&
16%
7%
:
60%
Pittsburgh Metallurgical..——10
Pittsburgh Plate Glass
25
Pleasant Valley Wine Co——1'
Plough Inc common—
7.50
Sugar
3,100
33%
Feb
„
—
Powdrell
24%
High
Jan
6%
'
19
Jan
100
2
Jan
'
6%
32
125
15%
—
Ltd————
Jan
1%
1,500
■
*
.2%
;
Jan
Gold
Low
33%
23%
23%
common——
Range since January 1
Hiah
6 %
5%
1,400
5%
--—100
.
173
Governor
Shares
33%
Pneumatic Scale common——.10
Polaris Mining Co.—25o
*
of Prices
pfd.
18%
M
——
common
Mountain States Tel & Tel
Jan
16%
220
18
Mountain City Copper common——5c
Producers.——
10
Mountain
168%
350
171
110
Securities
Sales
tor Week
Range
ale Price
Phillips Packing Co
Jan
•
Last.
,
Low
9
700
Week's
Friday
Exchange
Feb. 11
Phila Electric Power 5%
14
v,
Curb
Jan
100
9%
9
9
Mtge Bank of Col Am shs_—————
Murray Ohio Mfg Co—.
Muskegon Piston Ring
Muskogee Co common—
6%
preferred
Jan
98%
2,300
15
15
-
,j—1
Dakota Utilities-.
10
f
Montgomery Ward A
..*
Montreal Light Heat & Power
.—..*
Moody investors partic pfd.——._.*
Power
109 %
8%
113
York
Week Ended
High
Jan
-'
1
...
Monarch Machine Tool.—.——
States
LOW
97%
.'
.
—
113
113
Mock Jud Voehringer commons-—2.50
Mountain
Range since January 1
Hiah
.
—
100
Missouri Public Service common.—.*
Montana
New
Shares
'
pfd
Mississippi River Power 0% pfd
Molybaenum Corp.;
Priced
Low
?ar
Minnesota Pwr & Light 1%
STOCKS
for Week
Range
Last
11
Sales
Week's
Friday
Feb
43%
Jan
31%
32
30%
Jan
32%
Jan
31%
31 %
29%
Jan
31%
Feb
1%
1%
1% "Jan
1%
Jan
67
—
—
—
--
'
8%
10%
Jan
--
8%
10%
6
42
Jan
130
—
6
42
100
8%
Jan
1,500
97/8
Jan
6
Jan
40
Jan
"*300
10
EXCHANGE
NEW YORK CURB
York Curb Exchange
Ended Feb. 11
New
Convertible preferred
6%
Dredging Corp common
-1
SI.60 convertible preferred
20
8tandard*Oil (Ky)
-10
Standard Oil (Ohio)—5% pfd
100
Standard Power & Light
1
Common class B.
———
Products Co
Standard Silver Lead
Standard
Tube
Stroock
(S)
Wisconsin Power
Feb
Wolverine
%
Jan
%
Jan
58%
Jan
.
nVi
Jan
Jan
& Jan
•
Jan
9
"9%
10
3%
3%
2%
1%
2%
9
—1
*
8%
3%
Jan
1%
Jan
2%
8%
Jan
9
Jan
Feb
17%
Feb
2%s
20 Vb
Jan
21%
Feb
19%
Jan
s
io
.17%
18%
500
17%
Jan
12%
Jan
500
51%
Jan
51%: 52
preferred
Port Cement class B com
conv
13%
Jan
52%
-
s
f
3%s
Jan
.1950
-
debs
Last
■
& Lt
Pr
Associated
;
J-J
103
J-D
J-J V v
.1956
A-0
.1953
J-J
83%
83%
84%
Jf-3
24
24
24
'
■'
1
*
Taggart Corp common
Co common
126
127 V
104%
106
79%
84%
24
24%
23%
25 5, a
23%
25%
4
4%s
deb
4'%s.
.1949
J-J
23% ;
23%
.1950
F-A
23%
23%
24
24%
88
23:%
23%
24 Vo
106
23%
24
86%
87%
5s
pfd
7%
Texas
Power 8c Light
Texon
Oil & Land Co—
Shovtl Co
Thew
Ttlo
Roofing
—
;»
common
Inc..
—
Realty & Construction
Tobacco & Allied Stocks
i
Tishman
200
6%
150
19%
6%
7
700
6%
1%
800
1
Jan
58
Jan
■—»'
--V<
—
Jan
Jan
1%
1%
Avery
Jan
6%
Feb
63b
20
V
__
—
Atlantic
Feb
117
Jan
20
~6%
__
•
Exports
Trust Co Ltd—
dep rets ord regis
dep recs def reg
Product
Tobacco
Jan
Jan
14 V8
Jan
—
V.;;''.''
;
•
Jan
Jan
4%
Amer
Amer
warrants-
Ine—
111
Central
3%
Union Investment
$5
preferred
Corp
Unitea
J-D
.1955
A-O
Jan
21
Jan
Jan
% Feb
Rys
B
series
6s
5s
.1.969
A-O
P
.1952
M-N
100%
.1949
J-D
100%
Service
Utah Power &
Feb
8
Jan
~8%
Jan
16%
Jan
A
59
<
Jan
13.700
1%
84%
50
80%
a%
Jan
JlV'V"
9.200
•
2%.
Jan
Cudahy
Feb
Feb
'% 120%
950
xll6Va
Feb
"lly
100
V\
Jan
%
Jan
"
4,900
I'if
Vff
62 V4
Jan
37
Jan
36
>y;->
Feb
100
7/a
Jan
1%
Jan
125
78%
Jan
81%
Feb
Jan
Illinois Power &
Equities common
$5,50 priority, stock
Utility
100
43%
Jan
44%
Jan
6%
(i'/«
400
4%
Jan
6%
Jan
5%
,'6%
2,000
5%
Jan
6%
Jan
9%
9%
200
9%
Feb
97/a
Jan
3'/»
3 '/»
700
2%
Jan
3%
1%
1%
200
1%
Jan
1%
%
700
%
Jan
%
Jan
2%
2%
2,000
2%
Jan
2%
Jan
20
21%
20%
21%
20%
21%
22%
20
Jan
21%
22
22%
59 -
Feb
sy8
Jan
2%
7,900
2%
Jan
1,000
51%
Jan
A
4%
Jan
A6%s
1%
Feb
1%
Venezuelan
1
5
common—
convertiole
$4
preferred
Jan
76%
Feb
Manufacturing
Vogt
70
8%
.
V
:
—
27
i.'
—
9%
Jan
:
.
,
Feb
Jan
126
Jan
Jan
Jan
32
Feb
105
310
::c
1%
.<
Jan
8%
4,600
Jan
9
122% 123'%
122%
1%
600
8%
-100
•
7% pfd
1%
29%
1%,
29
1
Petroleum-
Virginia Public Service
V:
-
9
Jan
1
•
7%
100
preferred
Bond
Waitt &
7%
8
Wagner Baking voting trust ctfs ext—•
class A
8
•.w
•
'
—
3%
7%
Feb
■i-
14 "2
fvr
iff
—
Mining
Wayne
Knitting
Wentworth Manufacturing
West Texas Utility $6 preferred
West
Va
Western
Coal
&
Inc
-
Western
Maryland Ry 7%
Co
Western Tablet & Stationery com
Westmoreland Coal
;
page
665.
18
3%
110
*-•
'
'■
300
•
Kansas Gas &
Electric 6s
Kansas Power &
Feb
A
4s
Light 3%s
'•
104
19
•
•
-
23%
105
19
24
:
:4
104%
97%
1
Wi-.;'
,
'
58
24
105
103%
104
101%
102
98%,
-'ii.-
1
V
99%
98%
73
99%
10
100
103
16
101
101
103
108%
106%
103%
105
100
65%
99'/a
$93
65
65%
zz
V
$107% 109 %
102%
102
—
110
102
1
103
$102
65 Va
110
102'% 102 Va
102%
99%
64%
VV4
$110% 111
102
107% 107%
105%
107%
106
105% 106
105%
106%
104%
104% 104%.
104
104 %-
102%
102%:
107%
1.102% 104 '
98
&■; 95 '/3
94%
98
93%
98
98
98
98
93
•
108%
107%
J107% 109
Feb
Jan
4
Jan
110
Feb
7%
Jan
6%
-
Jan
8%
Jan
19
23
Feb
Jan
105%
Jan
19%
Feb
24
Feb
:V,V 1
28
—
28
25%
J-D
25%
27
27
F-A
1
1965
v
-iy
104
J-D
■:
1947
1971
M-M
:
Minnesota P & L 4%s
1st
&
ref
5s
Mississippi P & L'5s
Nebraska
6s
New
Power
series
1981
2022
4%s
A
Amsterdam
Gas
5s—
1948
£-f
g-jf
F-A
J-D
M-S
J-J
-
.25
.
28 *
24%
88%
907/a
60
67 Va
.
29
;, 32
107% 108%
122
112
5
107-:;
3
-
,
.
104
.
.
110
'
108 V
: 105%
*
106
63%
107 'A
104
107%
103 '/a 104
100
101%
109%
110
6
109%
110
7
-
101%
1
102%
102%
36
r.
65Va
105'% 106
99%
2
102% 102%
102%
"
;
108'/a 108 Va-
;
8
;.:
:
109% 109%
65%
A-O
Qf-f
4Vas
23
25 *
22%
112
'
110
Q-f
Gas Light
Milwaukee
,
•
121
101'/a 101%-
Af-N
J-J.
1957
Mississippi River Pow 1st 5s
.1951
Nassau 8c Suffolk Ltg 5s———1945
to
3
.
99% 100
MS
1955
4%
V 82
27%:
:-:'K
105%
104
<.
99%!
n-j?f
at
28
'
/
;_1963
1967
.—1978
Extended
:*y
•
108
$106
A-O
.
35
1121% 122%
till Va 113
107% 107 %
F -A
1965
1945
25%
tlll% 113
J-D_
M-S.
J-J ,
'
67
107% 107%
J-J
1966
1957
.
>
90-
65'%
J-J
.1970
V
89 Va
$32'%
J-J
;
t
V 28
'
X: J-J
5frS
_
25
'■
V* 24
.
25
y 27 ;V 27%",;' y
J-J
Midland Valley RR—
Jan
125
series G—
Middle States Petrol 6%s
Jan
100
IT- E
Jan
18
Jan.,
Jan
Edison
Jan
3%
84
4%s[M[-
conv
Jan
5%
60
Co
%
•
,
106
$105% 105%
1948 ;
1%
v
'
109%
1,500
Radiator 8c MIg—
stamped—.
15%
Jan
15
6s
Metropolitan
20
8%
106%
103%
58
101% 102
V
v
—1966
2022
1969
Kentucljy Utilities 4s
Lake Superior Dist Pow 3%s
Jan
600
7%
99%
101
.'V
123% *
102%
;.v:;3;r
98
63
103
123 %
101 Ta 101%
99%
A-0
1963
6s
Jersey Cent Pow & Lt 3%s
Power 3%s
Mengel
4,800
63«
97%
A-0
1952
Kansas Electric
8%
V
■
Jan
IVB
18,100
5%
8%
20
-
110
l
1st pfd—100
17
3%
.
6%
20
se<*
-
-
•
_
Grocer
footnotes
18
5
Western
For
"4
1.25
Coke_
Air Lines
^
a
Mills
.
1
Co
102%
6
65
104% 105
1957
1941 coupon)
F,
Superpower
Jan
—
14%
.100
.
'
•
*
Class B
Walker
86
104%
95 V.
,
123%
123 %
103%
103% 1037/a
J-D
1941 coupon)—..—1952 : •
Interstate Power 5s
..1957
Debenture
6s
.—1952
3%
Feb
—
14%
••
-V.
3%
100
900
3%
-
93 Va
102%
(July
A7s
'
Co
102% 103
96
90%
103%
93
104%
94%
•
J-D.
J-J
1957
E
(Aug
series
A 7s
McCord
Aircraft
1007/a
2
;
103% 103%
J-J
F-A
J-D
v'
'
J
.1955
1941 coup)—1955
Louisiana Pow & Lt 5s_.
Waco
93%
104
99
,
A7s
.
Jan
74%
(Dec
series
A7s
C
series
6%s
Altalian
Valspar Corp
104
:
99
22
92%
92%
98
A-O
International Power Sec—
; "
Feb
61
Jan
4
•,
& L 3%s
Indianapolis P
Feb
Jan
100
122%
122
13
139
Feb
Jan
5s
1st lien & ref 5s
Feb
59%
2%
2%
Feb
18
200
59%-
Jan
18%
3,500
22%
Service
5s
Hydro-Elec
Indiana
Jan
2%
20 %
500
20%
~7'%
Jan
20
25
20
•
Jan
1%
100
100%
$58
V-vVV
% A-0
J-D
M-S
1958
% 51-N
1950
J-J
1963 V F-A
1970
JM-N
.
Indiana
7
123%
99
104%
Light Corp—
1st & ref 6s series A
—-1953
1st & ref 5s series C
1956
1st & ref 5%s series B——1957
Jan
%
•
5
•
—
Jan
43%
103%;
103%
M-S
M-S
%
Jan
74%
102%
94'a
J-D
81%
6%
Jan
6%
1
1
10c
-1
5s
%
Jan
69
6
J-J
J-D
80%
tV Jan
Jan
350
103%
+
•
1978
Co.. 6s ser A
General Rayon
Geprgia Power & Light
Glen Alden Coal 4s
71%
106%
103
102%
1953
1948
1965
AGobel (Adolf) 4%s series A—1941
Grand Trunk West 4s
;
1950
Great Nor Power 5s stpd—
-1950
Green Mountain Pow 3%
1963
Grocery Store Products
1945
Guantanamo & West 6s
1958
Houston Lt & Pwr 3%s
1960
Hygrade Food 6s ser A
—Jan 1949
6s series B_
.
Jan 1949
70%
43%
105%
M-N
3%s A——1969
Power
Pub Serv 5s
110%
109
2
10
92 Va'
,V
F-A
ff-f
g-j*
—
—
'
Gatineau
%
110
M-S
—————1961
C———1966
stamped
6s-5s
—
.
M-S
Jf-S
Florida Power Co 4s ser
IISlS
—
Light $7 preferred
1952
General
100
101
104
M-S
Jan
% Jan
57%
2,100
a
100'/a
100%
:
Jan
'
600
%
'
58J
F-AAAA
5%s
1954
Finland Residential Mtge Bank-r-
Jan
Va Jan
50
100
J-D
Packing
Empire District El 5s
Federal Water Service
Jan
121%
10034
^122
A-0
M-N
3%s
.1955
Eastern Gas & Fuel 4s ser A—1956
Electric Power & Light 5s
2030
Elmira Water Lt & RR 5s
1956
2% Jan
2% Jan
16,200
98 %
100%
106% 106 Va
:
V
—z—1958
—-—1944
Cuban Tobacco 5s——
16'
Feb
16
50
16
99%
100
9
119
':S'
v
J-J
,
1954
stmpd—1953
Continental Gas & EJ 5s
88%
.
100
97%
100% 100V2
3-D
—1970
(Bait City)—
mtge 4%s_.
Gen
Consolidated Tex tile 5s
Jan
Jan
X116
ref mtge 2%s ser Q
3%
Jan
r.-'V
•
101
98 %
'
26
70
*118
V
J-D
——1969
P
ser
1%
61
Jan
2 Va
3s
mtge
Consolidated Gas
l'L-
V
common
Radio Products
Utah
5%
84%
2%
(Bait)—
N——1971
series
ref
1st
Feb
99%
V
183
99
109
M-N
1951
A
Lt & Pr 7s
1st
4% Jan
104
fc'iws.
,
—
3%s
;
5%
Jan
5%s
& L
T
„
100%
99
Consol Gas El Lt & Pr
7%
1%
'.
Feb
Jan
■
100 y*
5s
Debenture
JV'
'
-
3
99%
79
73%
101%
1
—
99%
98%
Debenture
•
Utah-Idaho Sugar
42
100%
100-
101
104
99% 100
Jan
14%
1
•
Voting trust ctfs
Universal Products Co
75%
74%:
99%
Jan
Feb
1,900
25c
10
23
23
United Specialties common
1 S
U S Foil Co class B
1
U S Graphite common..
S
U S and International Securities
•
$5 1st preferred with warrants
•
U S Radiator common—
3
U S Rubber Reclaiming
•
United Stores common
50c $
United Wall Paper
1
2
Universal Consolidated Oil——.—10
Universal Cooler class A
*
Class
B——
;
•
Universal Insurance—
8
Universal Pictures common
1
Machinery
37
9
99%
A-O
/
11%
2%
8%
.1950
~7%
4
Sharingpreferred
10%
United Shoe
Preferred
42%
37
4104 % 107%
U?
100
F-A
5s
deb
4*
M-S
1966
5s
Service
Cities
f;'
Jan
Jan
Profit
United
178
162
100%
104
:'Vj
Jan
Jan
100
5s
.1958
2%
4,700
•
Canal Co—
106%
-
39%
38%
100
75%
M-S
2V2
7%
Co Ltd—
dep rets ord regis
Amer
•
100%
.1927
Molasses
United N J RR &
101%
3D:%
37J/a
38%
J-J
.1952
600
.5/2
warrants
participating preferred
M-S
.1953
ctfs_.
3,100
4
2%
;
$3
.1954
5'%s.
J. 105% 106
■
38
§ A Chicago
Cities
117%
preferred non-voting
Option warrants
' %•,
United Light & Power common A——*
%.
Common class B
—*
58%
<66 1st
preferred
•
United Milk Products
* 3
United
102%
99%
105%
14
Cincinnati St Ry 5'%s A.
10%
10c
$7
1st
101%
40
Jan
4
—
_————
United Gas Corp common
104 %'
101%
Jan
Conv
_1
*
•
United Elastic Corp.
105%
103%
102 V2
•
150
.
16
101 '/t
J-J
v
105%
102
7/s
%
-
common
Products
United Chemicals common
$3 cum & participating pfd-.
United Cigar-Whelan Stores
Aircraft
United
120%
150
■'"'jv'-H—
101%
4%
—
' -V
10
—*
Co—
120
■'r/%'
108
102%
Feb
18 Va
10c
Unexcelled Manufacturing
Union Gas'Of Canada
121%
4105
Af-N
U Jan
3V2
1 i
—
115%
yy-y
'
——-
Corp
114%
:t 103% 104 Va V
J-D
107
10
J-D
1964
~
88
4151 % 175
'
M-S
.1948
5s—.
25%
85%
11
.1953
5s.
El & Gas 3%s—
Power
Northern
23 %
107
.1970
2%s
Edison
?
„
4120
*
A-0
.1968
23%
30
115%
Q-F
25%
V'
6
115
J/-N-
Electric 4Vas
5%S
Realization
115%
'
V
12
107
107
J102
.1962.
Inc 6'%s
Connecticut
Ulen
'■
-i-VO
J-D
*
.1998
Central States Pow & Lt
__
Tung-Sol Lamp Works————1 •
80c convertible preferred
—
Udylite Corp-
87
:
M-S
.1957
6s
A5 %s
V—
'
J-D
-
—————
Steel
Bickford's
—.——
——
,
Jan
59
•
—100
100
1
Trans Lux Corp—————
1
Traoswestern Oil Co
10
Shipyards Corp
Toledo Edison 6% preferred
7%
preferred
Tonopah Mining of Nevada
Trunz
1%
1
.1947
ACentral States Electric
Todd
Tri-continental
C
series
5s
Bethlehem
Boston
—
.1964
M-S
•
(B, F.)—
1st M 5s series B———...
Cariaaa
•
1955
warrants
Jan
Tobacco Security
F-A
Telephone of Canada—
Bell
Feb
60
A-0
.1977
City Eiec SViS-
& Sons
without
5s
Jan
,
m 1%
Feb V
4%
,
V; 21
.1968
...
5%s.
Assoc T & T deb 5%s A.
24%
Feb
12%
3,000
13%
13%
23%
114%
1,400
24
23%
~_
*
100
2'
9
—1
1
•
Technicolor Inc common
Feb
5%
108%
CO
deb
deb
100
99
.1948
A Debenture
104'/a
103%
107%
•
104% 105
Co—
;
25
J125% 130
■
109%
23
108% -V
108
108%
107
108 %
5
:
99% 100 V-
100
•
106
74
103% 104 V,
%
M-S
J-J
105
2
107
108% 108%
.2024
5s
4%s—
Elec
107-
103%
l
104% 105
•
k
"
vv..
High
5
.1970
3%s_.
Pow
Appalachian Pow deb 6s
Arkansas
AConv
Tampa Electric
Jan
Low
No.
High
.1961
6s
Paper
Elec
Appalachian
104%
J-J
AConv deb 5s
Jan
Jan
'"\Range since
.January!
.
AConv
5
73%
3%
Jan
AConv
500
Jan
7% Jan
"2%
.2016
deb 6s
Lt
&
Writing
15
5%
Feb
7%
'
,7
.
Sale Price Bid & Asked
J-J
.1970
f deos—
s
Pow
Amer
SAssoeiated Gas & Elec
5%
Jari
37/a
to
Jan
Co..1960
f debs
3%s
Amer
21%
Jan
110%
Jan
Week's Range..-V
or Friday's
Bonds
Sold
Friday
Interest
Period
Curb
American Gas & Electric
% Jan
%
17%
21%
Jan
6'/a
'
Feb
—i—
Superior
Swan Finch Oil Corp—
—...
Exchange
Week Ended Feb. 11
Feb
100
50C
W*
:
Jan
3%
•
2,700
Loto
3,200
—I
'
S'V
110%
y
w
—
,
200
200
"2%. "213
BONDS
York
New
Jan
Jan
•
3%.
\
.
'
Jan
300
7%
Jan
3
Jan
Feb
VVV:!vy>V-V"■ Vfv
VV/VV;::'
Jan
700
"''.'I
3%
-
3%
-
■■■?> 5% Jan
n
Wright Hargreaves Ltd—.
Jan
43%
Jan
3
10
-Z':
V1'—1
Jan
5%
12
Feb
V>9%
.
'
.—8S
Preferred
6%
Jan
10
Jan
1 Vo
r
Jan
5
400
Woodley Petroleum
Woolworth (F W) LtdAmerican
deposit receipts
__
Jan
'■■A
i "■
£
3%
1
8%
...;
7%
10
Jan
300
:.
pfd. .100
71o
Jan
8%
200
9.%.,
Feb
8%
8%
•:
Feb
16%
Jan:
50
200
'.V
«
1%
Feb
& Light
Portland Cement
16
25
v,
V>
10 %
M'MM
■
Jan
43%
Co
Sunray Oil 5 % %
Jan
•
1
——
1
18
■
9%
9%
—-
Heating
Inc
Winnipeg Elec common B—
8%
.
Co
&
C)
•
8V„
*
Jan
•
(R
Oil-O-Matlc
Products
16%
•'
•■iv;-!)
•
Jan
.—ff
Machinery
Drug Co-
Run. Rav
Willson
Jan
,
600
~5%
"5%
"5%
«
Sullivan
Williams
14
—1
preferred.————
SI.50
Williams
Feb
1%
1
Illi
V
-
.20
Corp
fHugo<
Jan
Jan
2
112
.
"9
Range since January 1
High
8%
1
.-10
River Oil Corp
•
7%
3,800
•
1
50
Stokelv Foods Inc common
%
Shares
16'%
...10
Mfg
Shoe
for Week
Low
Par
';'v
Feb
V
% Jan
300
trust ctfs—1
*
Canada
Stein (A) & Co common
Sterchi Bros Stores
6% 1st preferred
5% 2d preferred
Sterling Aluminum Products
Sterling Brewers Inc..:
Sterling Inc
Stetson (J B) Co common—
%
54
50
11
18%
Jan
100
Feb
Wichita
20%
Feb
,
Weyenberg
7%
...
Sale Price
Westmoreland Inc
Jan
■
,v..
Jan
17%
108%
500
■-V %
1
class B
Steel Co of
eunnes
16
2,600
18%
17%
17%
1
(The) Corp voting
Jan
Jan-*
VtV 75
111% 112
200
%
%■
16%
'
*
1
Preferred
Standard
Jan
6
2
Standard
Starrett
18'/a
1,400
V-
Feb
Jan
2%
Jan
%
900
7
20%
18%
4%
■■■:
Jan
2%
2.78
-1
10
Seal common
Standard Cap &
3%
700
1,400
Brewing Co
Standard
;i-
Ended Feb.
Sales
•
Range
of Prices
Last
Curb Exchange
;Vvv
.--
Week's
Friday
STOCKS
York
Week
y'v'Vv;';
High
Low:V;
4Va
3 To
*
Spencer Shoe Corp..—
Stanl-Meyer
Inc
W ,VV.-y
,\ !■;■
Range since January 1
High
Low
4
New
Shares
of Prices
Sale Price
Week
..
for Week
Range
East
j (■
Sales
Week's
Friday
STOCKS
Monday, February 14, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
62
%
>
65%
2
•
:
107 %
108%
6
105
106
,4
107%
108
17
103%
104%'
109 %
110 %
110
110
110 %
5
101
101
101
2
100%
101%
109
'% HO
3
109'/a
111
$116
118
116
118
112%
112%
--1
$113'% 113 %
.Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE //A;
Number 4255
'
'
BONDS
New York
Exchange
Curb
11
Week Ended Feb.
Last
Interest
'
or
New Eng Gas ft El Assn
58
England
New
Debenture 57as
-
37ts
Power
-
New
Orleans
83
72'/a
78'/a
Tide
767a
25
72'/a
78
Toledo
77'/a
70
72'A
78
Twin City Rapid
107 % 107 VA
1
A-O
7 J-D
3-D
104
104
108
1087a
:
103.
F-a
•"
f-a
1037a 103%
107'A 108'A
,98%
97'a
Low > High
NO.
36
102%
104
107'A
•
108%
■•/ 7
.
98%
96%
98%
110%
110%
107'A
32
108%
....
J
4s
J-D
Light ft Power Co—
cons 5%s—————1959:
series
A———
a-o
.
a-o
103'A
$107Va 109
103 'A 103%
f-a
1157a
115'/a 115'A
32
115%
11574
M-N
.1952
;
'
$110',111
112'A
112% 112%.
12
111%
112%
52,
103% 104'A
.
—.—.2022
16
40
107
M-N
103'A
.
/
106.'/a
107'/a
107'/a
107'A
J-D
115
•
F-A
Philadelphia Elec Power 5Vis..—1972
Philadelphia Rapid Transit 6s
.1962
106
116
;.
23
1116
115
$106% 107
MS
$109% 110'/a
.
109'A
109 Vi
116
116% 116'A
118
*
$100% 101
100% 100%
92%
94%
85
94%
97
97
97
97%
97
97%
97
98
106'A
•■7','. 3
1087e 108'%
108%
117'
1087a
$100
:
;
J-J
:
29%
109
108%
110
1087a
.
.
.
'
...—.1970
'
24'A
f
109
I960
.....
29'A
$109
' 6s unstamped extended to 1959—
6s stamped extended to 1959
IA York Rys Co 5s stpd
—.1937
.
107
3
26%
$107% 108%
,—..—2030
Western Newspaper Union—
;
40
105'A
106%
1077a
West Penn Electric 5s
West Penn Traction 5s
108
105
7 18
1067a
d^bs
—1954
Wash Ry ft Elec 4s.
—1951
Wash Water Power 3%s——1964
103 Vi
34'
106
106%
104%
102 %
income
A5s
106
41
$40
M-N
Waldorf-Astoria Hotel-
109'/a
~2
•
•
104'A 105
104'A
j-j
a..»1979
—......
1047a
a-o
18
108% 108%
1047b 1047a
103
103
/
1087a
f-a /■:/
•
105%
108'/a
$105'/a 106'A
A-O
...
3'As •
J-D
Range since
January 1
Sold
High
104
108'A
Pennsylvania Water & Power 3 Vis. 1964
■
95
108
,
5s-...
N
Utah Power ft Light Co—
Debenture 6s series A
115'/a
86 y2
104
Power ft Light 5s
1955
Park Lexington 1st mtge 3s
..1964
Penn Central Lt ft Pwr 4%s——1977
■
115%
M-N
4s
1962
Oklahoma Nat Gas 8%s B-r—.Aug 1955
Pacific
6s
104'A 105'/a
95
103%
J-J
Transit 5VaS—1952
Bonds
Friday's
or
Sale Price Bid ft Asked
F-a
—.——1968
United Lt ft Rys (Delaware) 5%s_l952
United Light ft Railways (Maine) —
1
A-0
Oklahoma Power 'ft Water 5s—1948
'
A 93
110
110
110
1945:
Ohio Public Service
5s—————1979
3'/aS
Electric
United
100'A
.1968
1971 ;
Ohio Power 1st mtge 3'As—
1st mtge 3s....—
.
Power
Edison
United
101.'/a 103 V*
$105% 107
115'/a 115'/a
J-J
1948
Ogden Gas 1st 5s...
i^A 1st
97%
53
Last
Period
:
99 »A
95%
52
$109
/-J
Utility .5 V2S
'
.
-99% 10074
108
107
57
v.
■
11
1st lien ft
3-3
North Continental
'
9974
10272 103
;
103
-
M-N
-
-
98%
99 7i
•
„
N Y & Westchester Ltg 4sA
—.2004
Debenture
5s
—.__H954
'
-776
Service-—
•
s
•
987a
-
N Y State Elec ft Gas 374sL—
•
76 lA
,
M-N
1954
«.
Water
77%
76
:
Interest
Fxchange
Low
7 76%
—Nov 194ft
—
.
Public
Alncome 6s series A
Curb
High
76%
M-N
,__195Q
L_iy6l
1948
England Power Assn 5S_.
Tow
No.
High
York
Week Ended Feb.
767n
•
New
January 1
3-D
_1948
—
5s————'.
Conv! deb
Range for
Sold
MS
6s_——L947
——.
|
New
Bonds
Friday's
Low
■
BONDS
■
.
Sale Price Bid ft Asked
Period
■-;/A. /■,
.
Week's Range
Friday
.
~
EXCHANGE
NEW YORK CURB
■
55®
-r-.
AStamped 5s
•
1947
A Portland Gas & Coke Co—
stamped extended—-—--1950
Pdtomac Edison 5S E!
;1950
M-N
A-O
111
4'/as B—.1959
M-S
F
series
Power Corp
;
(Can)
...
HI
l
95
94%
Foreign Governments
1117a
111'/a
2
94%
1017a
110
111
111% 111%
1961
—.
4VaS
-
100%
12
101% 101%
1 0l7o
J-J
a5s
92%
106s/8
108'A
A Public Service Co of Colorado—
lit
mtge 3'/as
Public
of New
Service
$127
Jkf-9
South
89 A
A-O
127
:T
89
J-3
$105
1965
■MS
a'As—J.97Q
A-O
California. Gas
3s
California- Edison
Southern
106
1047a
10574
104% 104%
29
104
26
107
;
Southern
Gas
Counties
(Calif)—
'
-'•'78%
F-A
M-S
>, Spalding (A Gl deb 5s.-.--r-^--~--1989-
$104
F-A
L- 8s.-->.——L.2022-
M-N
-
Southwestern
P ft
-Standard Gas ft Electric—•
'
'
A Lima
/
■
1
"-887*
J-D
FrA
A 88%
F-A
*88'/a
Corp inc .-5s—LLL—;>L95Q
Power 'ft Light
•
1047a
8874
1
•.
* '
50'
34
'/i
"
87
86 Vs
89
Electro
36'A
23
series
6s
10
108
,
17% /17%
35'"/"
' ■'
■
—
.
18
6%b—,LLlftlft
-
/1
-
v:
-
33'%
-
40
--w
61
'S;
'
•
—
$33
■
33%
^
17.
60
'
/
'
ZS
34
1
.17.
'
ex
; : |
33''
33%
34
357a
M.
....
•
; ■•--34%
••
J-J
1921*'
i—
—.i——
,
jj.
•35%;,.
-
-
4
'
.-/—•>
•
-
4-
3?a
,
■
3%'
374
••
"/"Ml
j
:'37a'
4%
374
•"/4.///I
•
•
••
■••••14 "
e Odd-lot salft. W Under-the-rule sale,
;:
v
: u
•No par value,
a Deferred delivery sale,
xEx-dividend.* f
d Ex-Interest.:
v
107
'
1
'
Abbreviations used above~»r"cod," certificates of deposit;
"cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v!," non-voting stock; "v t c," voting trust certificates;
"w w," with warrants; "x w," without warrants. ■ ••■■vv- .v . .^ =.
108
"w L" when Issued;
$116% 117%
OTHER STOCK EXCHANGES
Feb. 5 to Feb. 11 both
inclusive,
Last
Low
Par
Arundel Corporation
Bait Transit C6 common v t c_——
Preferred
v
177a
*
* V
Consol Gas E L & Power common
Eastern Sugars Assoc com v t c
Shares
Low
17% ;/
418
9%
677a
41
9
9'/a
9'/a.
>
.
206
143
143
Fidelity & Deposit Co
—
20
Georgia Southern & Fla 1st pfd—100
'•
•367
66
—
—1
1.30
8%
40
1.75
Jan
1072
Jan
Common
Jan
67'
Jan
Eastern
A
'
32 'A
974
150
Feb
143
4274
Jan
Gas ft Fuel
Eastern
Feb
100
prior preferred.^—u—U00
preferred
i
—100
68
19
Street, Ry common—100
100
20
81
837a
2574
2574
3974
Jan
5%
75 7
Jan
Eastern
84
Jan
employers
Engineers
25
145
Jan
26'A
Jan
35'/a
30
39
28
Feb
Jan
41
'
Lines Inc
SS
Group
5s series
series
5s
62
A————-——.1973
B—————
1975
101
32'A
Georgia Sou & Fla Ry 5%.—-——1945
51
54
$12,600
64% " 10,300
101'/a
2,000
92'A
Jan
59%
54%
64'/2
Jan
'
Stores..———...—*
General Capital Corp
—1
General Electric
-•
•Gillette Safety Razor Co
—•
387o
92'A
92'A
Feb
Jan
Feb
Isle
6%
—i
Copper
Corp (Del)
preferred
Maine Central RR
Exchange
STOCKS—
'
Range
5%
Sale Price
•
.
Shares
Narragansett
Low
Amerlcah Sugar Refiniiig___L2_-
.
American Tel
.
207a
ft Tel
157%
Anaconda Copper
pffl- —.100
LOW
170
156% 1577a
24%
1557a
Feb
25%
776
1157a
25
190
11%
,
————25
'
Boston ft
Inc.....'
'.Boston! Edison:
Boston
♦
■
"
L.—L——
Elevated Ry—
105
25
100
Boston Herald Traveler Corp—
'/
A
.
—
Albany RR—. —100
967a
113
North Butte
337a
70%
69%
19%
1974
33%
.26%
Jan
common——100
8'A
197a
485
Feb,
12'/a* Jan
105
Feb
.
Stamped
9'/a
10%
class D
1st/pfd stamped.
—L
For footnotes
see
page. 671.
'
7'A
♦
57a...
.674...
57a
6
100
Boston Personal Prop Trusty——
Boston ft Providence RR..LL. -.,,100
•6'A
5%
5%
•
'
class B 1st pfd stamped."— _2Il0O:
7%-class C 1st pfd stamped—
100
8%
*
30%
.
87s
Jan
12'A Feb
Jan
39 'A
31.18
35
78
25
274
212
267a
17'A
4%
-W
8%
,
.5%
6%
•
Tel.——^——loo
Mining——•———.2.50
Mining
Quincy
7 3%
712.
—
874
Jan
30%
Feb
60c
Jan
1 %
Feb
7
Jan
834 Feb
1,355
11%
131
■
.
20'/a
307a
7%
12%
13'
427s
38 'A
42%
.
35
--
v
\
158
...
216
490
-
.
•
Feb
Feb
30c
Jan
45c
Jan
45c
191
10c
Jan
45c
Feb
257a
Jan
332
26 Vi
27'/a
27.7a
287a
90c
.
107
Jan
v
'
1
'
650
90c
13
T
930
Jan
27'/a Feb
.
28 Va
Feb
Feb
1'%
Jan
127a
Jan
13 %
Jan
,257a- Jan
.755.
•
-
,
12%
8%
56
8'/a
327a
Jan
Twist Drill—————.——5
26%
27
25 %
Jan
—•
75%
77.%.
75%
97a Feb
Jan
38
Jan-
8%
Fruit Co.*..——
76%
-
225
490
■
.
•
-
•
Feb
33%
•
Jan
U
Jan
'6%
Feb
Utah Metal & Tunnel—,——
5 ' Jan
127a-Jan
7>/2
Feb
Waldort
•
6% preferred
F Rubber
-.—.
System Inc..
(S D) Co.
——25—
10
—1
•
———•-
14
Jan
Warren
42%
Feb,
Westinghouse Electric ft Mfg.:
50
—
•
24c
...
•
717a
44'A
447a
407a
.
,
41'A
24c
25c
10%
11 Va
21
21
-
917a
.
35-~
■
Jan
80'A Jan
"
69'A
-592
70.%
~ 717s'
United Shoe Machinery Corp——23
Feb
Jan
6%
Jan
28
-
*
5%
Jan
.
./
.
337a
6'A
2872
26'A Jaii
24%
50
33
Jan
'
Jan,
105 Va
13
—•
—
5
v
Jan
15c
605
Stone &
.Jan
7
.
510
Webster Inc..—8%
Tnrr.lturtnn Co' (Tbe)J_—33
Jan
Jan
42 c
2474
24%
■.
28VA
-
Shawmut-Assn^..
.
12%
Feb
8c
20
1174
lie
25c
..v
Feb
.4.:
Feb
6
Jan
23 '/a
715
105% 106 %
v
Jan
37a
..
...
89
Feb
Jan
35c
":7,
105.'A
—-—25
Co.——
5
-100
.
674- /..
12%
■
.
6
2% Jan
27
283
i
1%
1174
5
Jan
17%
Jan
16%, Jan
245V
5%
28%
11c
11c.
71'A
Jan
l'/'a Jan
32
27a Jan
25
.7.
Feb
82
Jan
Jan
874
11%
Racing Assn Inc————1
....—
—3
Cos-^..
...1.
9'A Jan
Feb
99c
35'A
26
Jan
Jan
1
28
Jan
Jan
32
37%
7% Jan
386
Feb
Feb
Feb
30
1
Jan
19
2,475
Jaii
355A
150
*
L_^._ —100
:
29
Feb
Jan
32 Ve
64
,
"L.¬
United
'30
Feb
745
—
1
RR—.——.——100
•Pacific Mills -——.*
ipennsvlvanl* RR/ ——.5°
Union
RRL
^ x
>
7% prior preferred* *—L.L
5%- class A 1st .pfd—L——i
Feb
9
Jan
1
5
.
i——-—100
Old Colony
Bostoii ft Maine
.
167a
17'A
32%
278
70%
.2%
2%
67
1,924
'71
Jan
Feb
115%
Jan
Jan
157%
V
Jan
33%
,
*
Feb
105
Jan
Jan
3OVA
:
'
i.Bird .&'■ Son
..
^
307a
—
New England Tei ft
31%
Jan
317
114
114
'•
Jan
24%
2,216
13
860
82
.
30
England Gas & Elec Assn—
5'/a% preferred —
-1.
High
Feb/"
29'/a
7
.12/
12'A
1037a 105
■/r-,/■'/■'
Bigelow-Sanford Carpet 6%
High
29'A-
54
Feb
New
Range since January 1
;
Par ■'
92
26%
common———-.5
;
50
preferred
National
for Week
of Prices
5% Jan
105
31.25
1
..
Nash-Kelvinator
Service
Sales
-
Jan
441
3
36'/a
80
1
•
Massachusetts Util Associates v t c
Feb; 5 to Feb. 11 both Inclusive, compiled from official sales lists
Week's
4%
320
117a
38 Ve
9
-
15
Royale Copper
Lamson
Last
35% Jan
55
31.18
pfd—-—J
Hathaway Bakeries 87 conv
Feb
Loew's Boston Theatres
Friday
63
Jan.
145
35
:
.....
Kennecott
Boston Stock
Jan
.725
37%
Jan
Jan
9
,11%
1%
1 %
32 '/a
31
874
Feb
;
56'A
280
.
16%
31
__
Jan
17a
Jan
90c
520
4%
105
.
15%
Jan
578
26
:.
64%: 70%
1
Public Service
Jan
102
Feb
101
10,000
102
J5V1b
Jan
94
35
4%.
Feb
Feb
Jan
Bonds-
53%
.
9
common
Association..
First National
Baltimore Transit Co 4s———197b
.
6% Jan
27.26
290
1%:
62
34
4%
102
70%
167a
preferred B
——.100.
preferred adjustment-.——.100
Jan
65
84
27%
65 '
pfd vtc
25
Moore (Tom) Distillery——
—25
Mt Vernon-Woodbury Mills pfd——100
New Amsterdam Casualty—^——2
(J S Fidelity ft Guar————
50
5'A
125
6072
:
35
1st preferred series A
Jan
27
27%
Houston Oil of Texas 6%
13%
1%
:,
i%
/■
\; ::
Mass
116
415
High
rl
Jan
Feb
5%
11 %
Associates—
*
6%
27.10
14 Va
5%;:
10
6%
42'A
5%
4%%
Feb
.
Jan
7%
—•
Co
Boston
68
Feb
66
161
East
Feb
8%
~
Jan
18
Feb :
1.25
50
4274
High
15% Jan
641
6%
19
67a
27.10
13 %
lu
——
572
6%
27.10
6%
.
.1
Co
Range
Copper
lo»
High
Low
—5
—
Century Shares • Trust—
Cities Service —'
Range since January 1
High
1.25
87s
100
t c——
Calumet & Hecla
Range since January 1
Shares
of Prices
Sale Price
Par
/ for Week
Range
of Prices
Sale Price
STOCKS
STOCKS—
Sales
Week's
Friday
for Week
Range
Exchange
liled from official sales lists
t
Sales
Week's
Friday
Baltimore Slock
1
.
A",
"17"
J-D
Government
)
\
'
/'
36
$32
,
-.
j-j
■:
36
18
\y
19
,'i-
• •
Us
*
Cash sale,
.,22'A
23%
T 1047a 106%
9
108
;
i
ZZ'/ZL'-/ Z
"
35
'
$18
—
3-D
-
195ft
SReported in receivership.'
1958
.——.—2022
A—.:—.
21
$Frlday's bid. and asked prices) no sales being transacted during current week,
A Bonds being traded flat.:.'.-,
^
■'
;105% 106
ft Light 5s
Texas Powei
;•'
20
19
3-D
1958
A5%s
26'A
$22'A
I
60
20
'
35
•
;/ A-o
L-
ARussian
,
—
5s.l——.i960
Service
*.':*
M-N
...
.Li
6 %s_
177a
62
•
8974
30%
4
$22'A
Stinnea (Hugo) Industrles-r
;>
7-48 2nd stamped..—A——1.L946
167a
62
.60
; •
;
'
—
•
.
89'%
86'A
*
56
8974
86'/a
52
:
35
90
8674
8
de
A Rio
51'A
17'A
68
"$1T
"
—
J-D
Tstate):7s
AParana
V
■
Texas
1927..——
High
'51'/a
;60
$10
Janeiro
■
897a
-'
r
deposit———
Certificates of
-
of Get
Alssue
•
Low
*
-M-N
AMortgage Bank of Chile 6s—
1931
Mortgage Bank of Denmark 58—1972
1
89%
86%
r.o
89'A
89'A
35
J-J
stamped—1—1——1948
7i4s 3d
.—1958
—
Range Since
January 1
%
■•>
$62 V8
—
MS
7s
'
No,
'
■
$16%
•
3-3
■
stamped—...——1951
Mortgage Bank of Bogota 7s
^
1947
Alssue of May. 1927..———
/
107'A
837a
7s
AMaranho
Btinnes (Hugo) Corp—
1
'
—
M-N
B F'k
City (Peru) 67a s stamped.1958
AMedellin
79
107
1037a
7
89
A-O
debentures——L—1957
gold
AStarrett
/
88 Vi
6k----—1957
-
J6s
:
89
F.-A
—
v
72'/a
r
•
89
-88%
A-O
•A' Standard
J-D
..———1953
Sold
$50
■
'.^..1955
5s._
Bonds
High
$50
v-d
-
'
104%
3
—
89%
A^O
(stamped)
A—May 1948
stamped—•—.5—v—May 1948
.Debenture
6s
-r—1951
.Debenture, 6s.
———Dec 11966
LOW
;'l
a-o
-
:
6s
*
10374
20
"
-104" 104
/
83% 83%
Conv 6s
-
:
79
106%
-
!
33
A 104'/a 104%
J-J
A Southwestern. Gas ft/Elee 3'As:——1970
;
Week's Range
or Friday's
Last
Sale Price Bid ft Asked
Period
Danzig Port & Waterways—
A External 6%s stamped....——1952
,1087a
•
,1st mtge 3si—i.^LLJ^LL—1971
Southern Indiana. Ry^ 4s__—^..1951
57as—-li...
Extended
'
•
Interest
11
10574
107% 108'A
104%
Danish
1057a
105%
J-J
Southern
92
105%
1047s
9
1957
5s—
Power
89
104%
23
Wyoming Coal 6s—..__1947
105'A
A-O
128
1047a
105'A 105'/a
A-O
104% 1.05'A
$104'/a 106
Carolina
Friday
Exchange
Feb.
Agricultural Mortgage Bank (Col)—
•
n 20-year
7s—
—April 1948
A 20-year 7s—.....
Jan 1947
Bogota (see Mortgage Bank of)
A Cauca Valley 7s
1948
73%
$70
: d
1
Sheridan
21-•
VA
109'/a 110%
J-D
Scullin Steel Inc mtge 3s——
.1951
Shawinigan Water ft Pwr 4Vis—1967
1st 4Vis series D_—
—1970
Curb
Ended
:
98% 100%
109'A 110%
23
98%
98%
98%
A-O
.——1979
Safe Harbor Water 4 V28
York
Week
137% 142
M-N
A San Joaquin Lt & Pwr 6s B
1952
A ASchulte Real Estate 6s——!—1951
BONDS
New
1047a 1057s
-
.
Jersey—
6%
perpetual certificatesQueens Borough Gas ft Electric—
5 Vis series A——1952
*
8
3
104% 105
3-D
.—1949
108'A
108
108
J-D
——1964
"...
Sinking fund deb 4s—.
■,
4
&
Municipalities
95,
43'/2
Jan
74
*
' Jail
v-..44%
Feb
437a
Jan.
Jan
25c
Jan
117a
927a
Feb
Feb
500
.
40%
19c
Jan
105
107a
Jan
-25-
20'/a
Jan
217a
Feb
200
91%
Feb
967a
Jan
95
:
j
■-'■ (
Monday, February 14, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
666
OTHER STOCK EXCHANGES
Friday
Chicago Stock Exchange
both Inclusive,
Feb. 5 to Feb. 11
Friday
Range
common
Asbestos
Binks
Mfg
Serrick Corp class B
112%
80
109%
Jan
112%
Feb
Sinclair Oil
5%
300
5
Jan
6
Jan
South
8%
250
8%
Jan
9
Jan
Spiegel Inc. common
-
850
1
Jan
1%
Jan
St Louis
300
4%
Jan
5V4
Jan
Standard
3%
900
3%
Jan
4%
Jan
9%
400
8%
Jan
9%
9
400
Jan
9
Feb
Jan
5%
Jan
16% Jan
17%
36%
Jan
3% Feb
3%
200
36 y4
50
3 'A
3%
300
23%
23%
100
22
Jan
9'A
400
9
';- Jan
x9
90%
.
preferred
9%
A
58%
300
4,750
63%
47
48
89%
89%
150
■
45
Jan
82
700
88
14
14
14
13%
13%
3%
25%
50%
.
i|91;!*: i
;
S
preferred part shares—
—50
Com part shrs v t c class A—_—*
Common partic shares v t c B—..—*
24%
20%
——*
—25
25%
pfd—100
99%
114
14
common
Cudahy Packing Co 7%
cum
Feb
15%
Co
26'A
5
Jan
24%
Cumulative
Jan
8
Gardner
Denver
General
2%
Jan
4
Feb
3,300
4
Finance
50
:
25%
19
100
19
Feb
19%
120
93% Jan
99%
Corp
Jan
•
Jan
8
37%
50
50
10%
Corp
900
6%
6
5% Jan
26%
26 y4
20
25
9%
1,350
8
31%
31%
50
.rry.
y;
29%
11%
.
11%
450
Gillette Safety Razor
Bros Inc
3.6%
16%
16%
200
16%
8'A
300
54%
51%
54%
1,200
10
6%
6%
9%
8
7> '
.''■y-T-Z/ y.
*
*
common—...
9
9
common...—*
100
3%
3%.
—1
100
& Dk com
Lakes Dr
Brewing
Houdaille-Hershey
class
.
3%
Jan
'•WW
1
100
Indep Pneumatic Tool v t c—
—•
Indianapolis Power & Light common—*
Indiana Steel Prod common
1
100
4%
Jan
8
Jan
100
20'/b
400
8%
8%
50
9'A
Harvester
common
8
Feb
7
400
9%
Jan
10%
12V4
Feb
12%
14%
50
13% Jan
15%
100
1% Jan
1%
4% Feb
4%
450
//n .4%
850
10%
Jan
14%
350
19%
Jan
20
16%
200
6%
150
72%
50
6%.
6%
72%
71
100
;:':/71
-
49%
Jan
Feb
27
91%
27'%
91%:
12
99
12
99
20
27'/a
.
—
—
3]A
—
9%
5%
68 Va
12
3% Jan
400
13% Feb
Jan
Jan
Feb
54%
Jan
4%
Jan
Feb
.
250
26%
Jan
27%
100
91%
Feb
95%
200
12
Feb
12'A
Feb
98%
Jan
99
Jan
;-
2%
Jan
3%
Jan
8Va
Jan
9%
Feb
4% Jaif
5%
Jan
Jan
100.
3y4
1,100
9%
9%4% / 5%
350 '
■
Jan
69
100
34'/a
100
25
25%
500
57%
60%
300
69
Jan
63 V4
68 Vz
34'%
56%
36%
Jan
Jan
9%
Jan
Jan
26 %
Jan
Jan
60%
Jan
56%
Jan
60%
Jan
34%
Feb
9%
16% Feb
17%
Jan
6%
24%
6%
Corp
United
7%
300
7%
7%
1%
preferred A
pr lien
lien
......
^
...
stock
v
Nabco
Liquidating Co common..
National Cylinder Gas common
National Pressure Cooker
National Standard
Ind
cap
Jan
18
11
Feb
11
stock
10
200
.
Northwest Bancorp common
North West Utilities pr lien pref
preferred
Gas
9
Co
Elec
7%
pfd
common.
(The)
„;
common
Peabody Coal Co class B
common
preferred
For footnotes
page
Jan
671.
Coca
'
Feb
40%
10
10
10%
1,950
9%
19%
20'%
1,800
19%
10%
6
200
6
Feb
0
6
200
5%
Jan
40%
15%: Feb
16%
Jan
9%
1/600
9%
Jan
10%
Jan
17%
350
16%
Jan
18
Jan
Feb
54%
14%
300
15
Jan
Jan
43%
Jan
2%
1,000
1%
Jan
9%
IOO
9'A
Jan
43
43%
300
28
30
y
30
;!.'
6%
Jan
Jan
2%
43
Feb
47%
27%
Jan
30
%
100
%
Jan
%
11%
11%
Feb
12%
13
250
12%
Jan
13
32%
Jan
37
35%
35%
150
33%
Jan
36%
20
700
18
Jan
20
Feb
18%
700
16%
Jan
18%
Feb'
30
95
Jan
104%
Jan
50
22
Jan
26%
Jan
Union Stock
101% 101%
100
*
*
——
—
S.
7%
7%
74
50
*
Yards—
23
125
100
6
10
17%
100
102
23%
125
10%
25
10%
25
25
3%
5
82%
82%
3%
84
10
50
50
200
40
125
9%
24
3%
79
U.
10
,
/
125
125
......
.
10
17%
8
Jan
102
Jan
99
Jan
102
Jan
8%
30
10
35
125
17%
-217
125
17%
20
50
34%
34%
20
31%
100
29
:
*0
..*
—...—
.....
class
!
Playing Card—
S. 'Printing
.
*
—
..
Preferred
Western Bank
.
Unlisted—
Rolling Mill
;
—
Jan
35
Jan
Jan
31%
Feb
,
Feb
39 %
Jan
40
Jan
31%
Jan
33%
Jan
22
22
21
Jan
22%
Jan
Jan
6%
Jan
Feb
58%
Jan
Feb
5%
23
54%
/,
__
9'A
54%
5%
53A
100
488
54
25
22
Feb
22
40%
Jan
45%
Feb
9%
Jan
52%
Feb
y«
5
9%
235
8%
25
48%
45
54%
!!!/;:
Jan (.
Jan
8
Jan
!
8% Feb
8%
8%
163
13%
13%
310
12
Jan
20
15
Jan
16%
Jan
4%
Jari
:; -'-v' ■
25
Feb
General
13%
10
16
~~
54%
16
*
29/8
Feb
4%
4%
102
4'/a
Jan
52%
54%
125
51%
Feb
54%
Feb
Jan
30%
Jan
Feb
Brands —I
4
241
45 y8
9%
50
25
Standard
Wyy
130
56%
Jan
Feb
Feb
33
22
»
Motors
12
39%
22
*
Gas
Feb
39%
54%
10
Jan
8
3% Jan
66
•
10
•
L
19%
Feb
4
*
A.
Feb
32%
■'!.
2.50
...
Feb
125
4
*
—^
10
Jan
33
31%
—
Feb
Jan
5% Jan
10% Feb yyy
7
31%
Insulation
Jan
74 y4
Feb
8
25
8
8%
Feb
72
Jan
Jan
7%
673
141
11
City Ice & Fuel—
84
Jan
00
7
Columbia
Jan
Jan
11%
11
Feb
3%
00 tr
Jan
8
—
Jan
Jan
Jan
■ST®
__
10%
125
Jan
10
—
Jan
Jan
7%
74%
12
9% Jan:
27V4 Jan
Jan
26'A
_*
Drug
American
202
101% 102
Jan
19
U.
Feb
140 :
11%
11%
ll%
High
Low
9%
10
50
Telephone
Procter & Gamble
Jan
300
9%
38
50
Cola clas,s A...
Randall
Range since January 1
High
8%
& T P preferred
Magnavox
Jan
9%
26%
*
Kroger
Feb
500
:
8%
....
Lunkenheimer
Feb
11%
■Low
9%
Shares
26%
Hobart class A—.—
...
for Week
Range
of Prices
A—..20
'Hatfield!
Jan
Sales
Week's
-:y Last
Sale Price
Gibson .Art'
Jan
37 "
18%
Feb
inclusive, compiled from official sales lists
8
Formica
Jan
10%
%
102
14%. Feb
40%
.——*
Eagle-Picher
Jan
7
Feb
V
Dow
.
Jan
20%
Jan
Feb
6
Feb
12%
*
100
Feb
37%
52%
Crystal Tissue
14% Jan /
20
Jan
150
100
1
■Crosley Corp' ———J—....
'
Jan
?!'
34%
100
see
9%
Jan
Jan
100
—
&
43%
Jan
41
100
Jan
28
22% Jan
2
20
24%
40%
—10
Coach class B
Industries
Cincinnati
13%
,
Feb
Jan
—
y
Cincinnati
38%
37
Jan
17%
>
,
25
1
common./..
12%
16%
9%
•
<■
Jan
Feb
Jan
15%
-%'M t'*
——*
Cincinnati Street
500
5
Inc capital
North American Car common
1
\
17%
11%
14%
J.:\
'■
...—
Cincinnati N O
750
11%
16% Jan
15%
1,200
9%
—
Cincinnati Gas & Electric preferred.100
Feb
50
y:-';
Churngold
.: Feb
—10
common
y" '»■'
Baldwin
40%
9%
—*
1
'-"j
American Laundry Machine
14
43
150''
350
■/
40
Par
39%
2%
•
„._*
:
17%
15%
40%
•
(The) common.—
Co
Aluminum
13%
10
Montgomery Ward & Co common
Muskegon Mot Spec class A
1%
%
15%
11
-*
t c
7%
Feb
Friday
Jan
Jan
Miller & Hart—
prior preferred—.
1
——*
STOCKS—
39%
19%
Jan
7%
Cincinnati Slock Exchange
Jan
400
18
11
7%
Jan
3,450
1%
1%
18
*
100
100
37%
Jan
7
23%
Feb. 5 to Feb. 11 both
Feb
Feb
6%
100
7%
Co—
6%
Corp
6% Jan
50
7%
5
capital
6%
Feb
capital—.*—*
Yellow Truck &
Jan
4
._*
Feb
35 y4
11%
U S Rubber Co
Jan
7%
—•
5%
150
200
17%
Studebaker Corp common...
Feb
4% Jan
5
.
650
7%
16%
Jan
?%' Jan
*
common
73%
Feb
20
9%
Field
5%
35%
..
11%
Inc
Jan
5%
35%
5%
—
17%
Jan
200
43%
Corp common—
71
75
.
4%
26%
Marshall
72% Feb
10%
97/b
Masonite
<—
Feb
6
4%
*
class A—
& Mfg
25'A
60 V4
Jan
10 y4
43%
6%
Jan
51%
500
13'A
11%
Jan
10%
26%
Pen
Fe b
32 y4
1,150
*
Jan
19%
*
Parker
31 '/a
Jan
45% Feb
350
Jan
28
Jan
14 y4
McQuay-Norris Manufacturing
*
Dredging Co common..—*
Omnibus
Jan
27%
1,550
200
Jan
16%
16%
McWilliams
Oklahoma
Jan
18%
Jan
1%
7
S3V2 preferred ......
.
...
Line Material Co common—
7%
13%
Jan
*
common—
Noblitt-Sparks
Jan
16% Feb
Jan
20
19%
19%
*
.....t—
Llbby McNeill & Libby common
Lincoln Printing Co common
$1
12%
850
2%
52%
4%
*
common.—
Corp
New common
Feb
8%
8% Jan
Iron
Standard Brands—
20% Jan
19% Jan
12%
4y«
%;
Drug Co common—!
—
..T
Kellogg Switchboard common...
i
*
Common
250
2%
51 V»
4'A
•
Standard Oil of N J.
Jan
10 y8
AvyWs'v!
Power—
prior
12%
2%
52'A
4%
—
Co
America common
Republic Steel Corp common
Feb
13
4%
14
Katz
7"%
Jan
82%
1
I.—
<c,
Jan
i%
*
*,
capital
Co
Convertible
Feb,
34%
r
Feb
*
common
Radio Corp of
:
Midland Util
17%
Jan
17%
Pure Oil
Jan
14%
V:
—
10
Co capital—
West
Jan
Paramount Pictures Inc
54% Feb
6Va Jan
Feb
200
■■■
3%
8%
Jan
8
10
*
B
(new)—,
Illinois Central RR common
Midland
16
33
17%
Jan
16%
,
Steel Corp
New. York Central RR
Feb
12%
capital——
Co
common.:
Hupp Motors common
Middle
Jan
200.
300
Feb
12% Feb
Jan
51%
20%
—
10
1
Harnischfeger Corp common
Rad
43
Jan
30
Feb
6% Jan:
33%
(Glenn L) Co common
.1
Nash-Kelvinator Corp
.——.—5
A
McCord
Feb
Feb
Martin
Pullman
10% Jan
'
Co
24
2%
com-.--*
Mining—.
—50
Santa Fe Ry com—100
Electric
Interlake
Jan
31%
Jan
11
common.
&
11% Jan
6
120
35
17%
Jan
Jan
Jan
100
6%
4%
10%
21%
.
78%
Feb
9%
;
,
General
Jan
6%
26%
Jan
15
.
Jan
9y8
common.
Adv
Leath
200
.650
50
Copper
Bethlehem
Jan
.12 1
Jan
9ya
—
Motors
preferred
90%; Jan
Jan
100
common.—...—*
Curtiss-Wright
39%
37% Feb
12
common
Outdoor
$7
Feb
3%
78%
*
Feb
8%
100
8
8
!_—10
General
Interstate
85
78%
*
—*
2
common...
Co capital
Corp
Radio
Anaconda
Jan
99%
.—5
General
International
100
1,050
American Radiator & St San
26% Feb
25% Jan
25%
98%
;
12
..
—:
Inland Steel
Jan
—
*
Bankshares common.;
Atch Topeka &
19
common—...—*
Co
Preferred
Illinois Brick
...
preferred
prior
Wrigley ( Wm Jr)
Feb
26 y4
Auto.:—
Four-wheel Drive
Inc
21%
47%
—.
Industries common—
Woodall
'
Heileman
Jan
3% Jan
i'S:
45%
12%
*
.—1
——
Oil-O-Matic
.Wisconsin
Feb
5
4% Jan
_•*
Household Util Corp
Horders
Jan
21%
50
Feb
18%
37%
,
Elgin National Watch Co..,.
Great
4%
100
»
Jan
Jan
...*
(The)
Eddy Paper Corp
Goldblatt
Jan
Feb
47%
13'A
distribution
common
Jan
:—*
1
common—.——
Dodge Mfg Corp common.
Domestic Industries Inc class A—
Electric
—
31
*
capital
Improvement Co—
Wieboldt Stores Inc common..
Jan
3%
-
170
24 %
3
common—.10
& Cohn Inc
(Alf)
&
74%
38%
Unlisted Stocks-
Continental Steel common—
Decker
Jan
16% 17
30% 31%
32 y8 32%
—
5
Utah Radio Products common
Feb
24%
600
5
common
33
17
33%
12%
—
Walgreen Co common..—_
*
Westinghouse Elec & Mfg;common—50
Jan
Feb
350
4%
Co—
c
Deere
71
38% Feb
jV
24
6%
17%
——25
———.2
capital.—
(The)
Steel
Zenith
Co
Feb
Feb
Feb
3%. Jan
2,700
Crane
Jan
50
85
23
,
5
common.—
Co
Jan
13%
650
3%
V t
Corp
Corp
Williams
25%
Consumers
—...—2
;
capital.
.....—.—25
International capitaL.
—...15
U
Jan
14
100
25%
Consolidated Biscuit common
—
Co
&
United Gas
Jan
5%
Jan
111%
10
111%
25
1
common
Feb
11%
12 %
Feb
4% Feb
30
Edison
x23%
.Union Carbide & Carbon
Jan
12% Jan
5
4%
■
28'A
190
73
4 . 4%
10% 10%
4%,
Texas
Jan
95'A
Jan
14
14
111%
Towel Co conv preferred-—*
Chicago Yellow Cab capital—..——*
Cities Service Co common
——10
Club Aluminum & Stove common—*
x85
—
Swift
Jan
Jan
340
%
62
61
Chicago
Commonwealth
*
common—......1
Sundstrand Machine Tool common
Jan
24
Jan
90
100
47
5•
i
Chicago Flexible Shaft common
34%
140
92
%
%
4%
18
Jan
.250
21%. 21%
National Stockyards capital—*
Dredge preferred20
Oil of Indiana capital
.25
Ex-stock
14
Feb
26
Jan
5%
17%
"9%
—5
1.1
*
4%
—
Feb
17
Jan
Jan
5%
100
17%
62
4%
;
Trane
*
Cherry Burrell Corp common
5
v
Jan
8
36%
3%
38%
Standard
8%
50c
com
Chicago Corp common
1%
3%
;
71%
38%
Corp....—*
Lathe Works capital—-5
Bend
5%
92
...
Convertible
Jan
Swat
$6 pfd
Pub Serv
.
39%
l'/a
--'::r!::
28
11%
Jan
Feb
5%
9
—1
5
10
common——
Central & South West Utll
Preferred
20%
36%
Stewart-Warner
1
11%
High
LOW
50
550
18
27%
-
9%
—
Illinois
Central
17% Jan
150
36%
3%
18
Eiectric Co common——...*
Sangamo
5%
—.3
& Wire common—
Brothers
Bucier
100
19
8%
capital.————1
(EL)
Co
Bruce
Jan
Feb
12%
lVo
18
__
Range Since January 1
High
Jan
150
,
Warner
Brown Fence
4%
13%
4% Jan
450
13%
Corp
Co
Raytheon Manufacturing Co—
6% preferred
11
111
Laughlln Inc common——5
Corp common—
5
&
Borg
Feb
130
250
4%
36%
36%
common—1
—4
Manufacturing Co
Berghoff Brewing Corp—
Bliss
12
14V4
12
.....1
Alhey Truss Wheel capital
Aviation Corp (Delaware)—.
Belmont Radio
Jan
13%
Shares
—
/
10
Sears Roebuck & Co common.
5%
Co
Rath Packing common
Jan
19
common
Equipment Corp common
Jan
147/a
13%
ft
&
Armour
61
Feb
4%
112 V2
Aro
Feb
11%
1
_——*
Allis Chalmers Mfg. Co.—
*
American Public Service preferred—100
Laboratories
Allied
58
13%
Low
,
common*.*..«««««—•
Quaker Oats Co
100
58
58
High
Low
High
Low
Par
commonj„^——*
Adams (J D) Mfg common.^......4
Adams Oil & Gas Co common——.—*
Advanced Aluminum Castings——
5
Aetna
Ball Bearing
common
—1
Laboratories
Abbott
10
capital
50
Pressed Steel Car common—_.l
1
Range since January
Shares
,
RR
Pennsylvania
for Week
of Prices
Sale Price
STOCKS—
Par
class A
Electric Switch
Penn
Sales
Week's
Last
lists
for Week
of Prices
Sale Price
,
compiled from official sales
Sales
Week's
LastRange
yy//y-.y.-'-.i
STOCKS—
28%
29%
165
28%
Volume
159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
667
OTHER STOCK EXCHANGES
Cleveland Slock Exchange
Feb. 5 to Feb. 11 both inclusive, compiled
Last
Par
Akron
Brass Manufacturing
Brewing Corp of America—
Low '
—50
3
City Ice & Fuel
125
15
20%
300;
18%
69%
69
69%
701
63
14
14%
966
Eaton
!
Mfg
Faultless
Greif
a43
21
.25
*
*
Towing-^—'
:■
—100
—
.70
(
Bros Cooperage ''A'',——__
44%. 44%
v
'
69%
Bros preferred.——-.100
Hanna, M A,-.. $5;cum pfd
•
'• A
Interlake Steamship
—•
:
Jaeger Machine
.»
„
Jones
&
47
—
—
•••;
__
90
_
Kelly Island, Lime & Tr.__—
Nestle
LeMur
'
5%
:-v
„
McKee (A G) ^B''—'
Medusa Portland Cement
Acme
;
Jan
14%
Jan
Jan
21
Feb
^.43"%
Feb
•45
Jan
39%
Jan
Feb
36%
:
49
Jan
44%
Feb
44
Feb
a
.
■
.
.
Richman Bros.
60
21%
Jan
22
Jan
Jan
5%
Feb
5%
Jan
Jan
37%
Jan
Jan
1.7%. Feb
36(4
*•
—
6(4
Jan
Jan
7%
15
Jan
i3('a
12
Feb
13%
Feb
34.(4
673
.....
32(4
Jan
34% Feb
.
Jan
15% Feb
300
25
-
;
14%
410
——
12% Jan
11(4
50
--
—25
Tool
Weinberger
White
Drug
Motor
135
Feb
Jan
a21% a21 %
65
25%
Feb
25%
Jan
65
45
Feb
Investment Corp.—
Chrysler Corp
Consolidated Steel Corp,
;
Creameries
Douglas
Glidding Co
N
Ohio
Products
10%
23
Hancock
Oil
&
22%
7%
7 51%
Co
A
Lincoln
Petroleum
Magnin
(I)
Menasco
&
Co
Mfg
Merchants
Nordon
Jan 7
Corporation,
Occidental
Oceanic
common
7.*
6%
Electric
U
19% Jan
Pacific
8%
Jan
10(4
Jan
Republic
Feb
21%
Jan
Petroleum
5Vs%
Oil
Oil
31
Co
Sinclair
al9
Solar
Co
_
Corp
Oil
i'.-V
^
^
:
Co
_
Calif Edison
Pacific
Oil
Oil
Co
Co
Ltd
Unlisted
New York Curb Associate
Chicago Stock Exchange
G
Western Air-
& Tel
Company
Par
LOW
Shares
Oil
High
Low
7(4
7%
1,050
7%
7%
28%
——5
27%
1%
1%
7%
——1
Baldwin Rubber common
High
I)
Gas
Works
8%
Jan
23%
23%
1,364
23 V*
Jan
32
32 y4
1,382
31%
Jan
32 y4
Feb
31%
3iy4
581
29%
Jan
31 y4
Feb
24 (4
Jan
29'%
Feb
35%
Feb
38'%
Jan
5%
Feb
5%
Jan
8%
Jan
8%
Jan
19(4
Jan
Jan
12%
Jan
Jan
3%
Feb
i:
27%
29%
3,381
35%
1,244
5%
5(4
440
8%
8%
402
ai8% al8%
74
/'
18%
12%
3%
.
160
l%c
18%
6,720
12
3%
l%c
1.25
40
Jan
3l/4
Jan
9%
..
Feb
11%
Jan
Jan
24 y8
•
y,
Jan
.,«n
300
3%
~S,i-
mm~
19
12 y2
ij
l%c
1.25
1.15
al(4c al%c
2c
Feb
•
l%c Feb
Feb
Jan
1.30
Jan
2c
Jan
Jan
•
:7'.'
a9
a9%
a36% a37
'
zP?
—.
al57%
v
t
a43 %
a42% a43 V2
a25
a25%
400
a5%
50
a57% a60 %
120
al9%
Feb
Continental
Oil
Jan
Feb
a5%
18%
5%
Jan
Jan
15
3%
70
19 %
Feb
20%
Jan
100
16%
Jan
17
Feb
a57% a58%
4
Jan
Jan
^
}t\\.
w
190
a29% a29%
a58%
.7.!"
62
45
a36Vn a36 %
25
a8%
a8%
10
8%
Jan
35%
35%
115
35%
Feb
4%
4%
100
70
*
a25%
*
a25 % a25%
—J
1
V
4%, Feb
15%
Jan
8"%
35 V8
■
Jan
Feb
4(4
Jan
15%
Jan
105
% Jan
U
Ik
700
%
Jan
12%
12%
377
11%
Jan
12%
Feb
5%
14
1
Corp
Jan
19%
a3%
a
16%
—25
Corp..
Corp
Jan
Jan
6
56%
'
.5
al4% al5%
Co
25%
7
Jan
16%
a 3%
a
24%
56
mo
Corp—
Southern
&
9%
157*%
'
c— ..13
*
Aircraft
Vultee
Jan
Jan
390
a25
}
*
Edison
Commonwealth
9
156%
30
856
Commercial Solvents Corp
Commonwealth
75
",V
al56%al57%
_
Electric
&
Jan
400
200
a59 %
—
7(4
1%
9%
Ry. -10G
(111.)
Co
28%
27%
Jan..
a 5%
Ry
Jan
302
3
5
Pacific
Motors
28%
Jan
100
.
15
Continental
6(4
Jan
4'%
250
a3%
Jan
275
•
*
•
Consol
Jan
10%
9 %
3%
18%
14
Co
3% Feb
6
Jan
y
50
Co
Canadian
Range since January 1
36%
-V,:
35%
Corp
Columbia
233
Jan
31
.
107/8
...5
—
Borg-Warner Corp
for Week
Feb
95
10
inn
Topeka & Santa Fe
(J
49
a43% a44%
—__1
Corp
Locomotive
Case
Feb
Jan
—1
Co
Bethlehem Steel Corp
Atlas Drop Forge common—
—
Copper Mining Co—
Baldwin
Sales
—
Jan
Jan
*____25c
Viscose
&
Aviation
Detroit Slock Exchange
•! •'
v_7~-
Stocks—
Barnsdall
Feb. 5 to Feb. 11 both inclusive/compiled from official sales lists
:■; 49
Jan
Jan
3%
-
—10
Mining Co
Anaconda
Borden
~5%
Vi'. 100
29
42%
10%
•
5
Co—
Tel
Atchison,
1,180
Jan
—
Feb
28%
2ft
American
Telephone: Randolph 5530
Jan
40%
9
'
& Std Sanl Corp
Smelting & Refining Co——
Armour
47%
47(4
40
1
American
DETROIT
Jan
5
50
31%
Amer Rad
Amer
;
39%
—.*2
S
&
Feb
29
•
Mining Co
30%
Jan
32%'
...
pfd
Jan
Jan
23%
■„
Oil
36
30
3 '/a
,25
Cement
Feb
35(4
160
550
49
31 (4
154
113
•.
...25
California
Consolidated
y:
300
4
California
Cons Chollar
Members
Range
Jan
250
_
-—
Portland
Zenda Gold
of Prices
Jan
48c
:
9%
1
Mining StocksCardinal Gold Mining Co
lERCHEN & CO
■7-:
Jan
30c
3%
•
Corp
of
Universal
Sale Price
14c
dan
m
40
#
of
Yosemite
STOCKS—
Feb
:
•
Co
Standard
Union
Last
Jan
9%
9%
_
_
Sunray Oil Corp
Week's
Jan
6%
29
—
_
_
Transcontinental &
Friday
Jan
30%
Jan
30c
3:3 3%
•
.
_
_
Soutnern
al5%
Ford Building
46c
582
v'
12%
49
•
»
preferred class B—
5 % % preferred C—
Detroit Stock Exchange
7c
4.0c
42%
a
6%
'3 M»'
6%
New York Stock Exchange
161,000
Feb
1.15
Jan
a49 % a49%
'-'
i?
■
Corporation
Transamenca
WATLING
Feb
Jan
..
15
Jan
30c
30%
al27/'a
.1
.
common
Inc.
Aircraft
Southern
al7%
a51% a527%
a!5
12%
Jan
1.05
200
31
42%
—1
_
_
***
mm
.
50
Sontag Chain Stores Co Ltd.
a7%
al7l/a al7%
*.
Jan
10
100
48c
V
36
♦
10
common—
—
a38'A a38%
"
11%
1,200
-.
30%
_
_
..
preferred
Ranch
'■
—25
_
Safeway Stores
Security Co
a40% a41%
a35% a36'%
common—
Jan
-
36
Indemnity Co...
Lighting Corp common—
1st pfd,
50
;*_,
Steel—
Youngstown Steel Door
Feb
33c
16%
30c
10c
—
Elec 5%
10%
al67% al7
11%
190
25c
■k 25c
25
Gas &
10%
•
Jan
Jan
Jan
Jan
30c
3: 48c
Jan
9(4
Feb
3,795
!•' •<.;*'-*
50
10
1.075
7c
Jan
30c
1.10
25c
Jan
39%
Jan
15%
14%
%
Feb
12%
Jan
120
12%
1
54
Jan
8(4 ,Feb
2,400
1.05
1
....
1st preferred—
Pacific
common
600
12%
Jan
48
115
16%
a
Jan
Jan
2%
10
■7"- 34
31
16
52%
Jan
38(4
120
11%
31
a
_i
eommon
Pacific Western Oil Corp
.
875
8%
11
4---1
Hi
Jan
al7
87/a
2%
200
8%
—10
Oil Co
Gas
Jan
a7'%
54
a48% a49
Ltd
5(4
—
100
10%
1
Petroleum Corp
2%
common
35c
14
Co
Jan
al9
12%
Jan
1
Jan
20
Jan
35c
2%
53
,1
2
14
12
200
10%
common
Petroleum
10
400
2%
—10c
Co—
Feb
12%
a48%
Co—
8
35c
*
Lockheed
Los
Feb
a36% a37%
.■
Co
23%
Jan
77 77;
51%
a37%
common.,
Aircraft Corp
Angeles Investment
Jan
7%
35c
•
Company
Feb
20%
12%
—•
class
l"o"%
1,000
7
8
51%
35c
—2.50
Co
Jan
3,3)3
23%
...
...4
Rubber
54
9(4
110
10%
778^7,
—1
Hudson Motor Car Co
—
—
10
General
Tire
Jan
3,130
a78% a80%
:
*
Inc
Corp
5%
common———.—.
Republic Steel
s
a80%
*
1
Exeter Oil Co Ltd class A—
Foster & Kleiser Co...
15%
common——.:
Iron
Oil
3
America.
100
Central R R common;
Y
100
Ryan Aeronautical Co
Rayon
Interlake
of
Aircraft Co
Electrical
Richfield
Industrial
a21%
♦
100
General Electric, common—--—-——
Feb
2.00
16(4
301
common——
42c
Jan
Feb
Rice
prior
Jan
1.80
15(4
Jan
Unlisted—
Cleveland Graphite
35c
340
2%
a20
200
440
5»/4
a20
Jan
2.00
18%
..50
12%
15%
___*
Stores———
Jan
42c
5(4
18
12%
1.85
2%
18
1
Feb
300
15%
2
1
——J
Refining —l.i
6%
40c
Pacific
Van porn Iron Works
Vlchek
Warren
a4l%a42%
—
Feb
Jan
*
Pacific
Standard Oil of; Ohio——
2%
4%
1
Goodyear
Jan
16
15% al5%
High
Jan
1,000
2
Motors Corp common!
.—10
Gladding, McBean & Co.—♦
23
17%
*
5
Electric
32
Feb
7::..;..,,. 55
37
6(4
Blue
Feb
Feb
107%
;
22
7772877
:
A——
Patterson-Sargent
Reliance
Feb
317
60
5%
5%
2
12%
Lane-Wells
12
500
12%
Jan
.47
Jan
Feb
107
50
17%
17 Va
43(4
50
23
99
Low
2%
•
,
Feb
40 Vs
7' 165
31%
37
__
—1
—:
class
12
.
& Sessions_--.'*_r_-*_-_-ii^-._1>
National
47
a21'A a21(4
Laughlin.
Lamson
31-
Range since January 1
High
Corp common
Barnhart-Morrow Consolidated
Preferred
f 45v;
107% 107%
'
i
Shares
2%
.
Byron Jackson Co.—*
*
.Halle
Low
2%
6 •."•7.;,:
50o
Central
25
■?:-
45
Corp
Bandini Petroleum Company
25
a
Accessories
Diamond Corporation
—
Broadway Dept Store Inc common
20%
120
19%
a36% ,a36%,
45 '
45'
1 V?.
.
-
19%
a40'% a40%
'
Por
Aircraft
Feb
Jan
17'-' 22
Jan
14
16
a
__
—*
Jan
•
30
21
•
General Tire & Rubber Co—
Lakes
a43
*
'
Rubber
Goodrich, B F—
Goodyear Tire & Rubber,Great
—
16(4 Jan
Jan
15%
20%
a
of Prices
Barker Bros
20'%
al5%
Jan
.
Controller—-..—x——1
.
".78%:
98
Cleveland Cliffs Iron preferred—*
Cliffs Corp common*-*---------—--h
Clark
7
Jan
5%
200
Sales
for Week
Range
Sale Price
£TOCKS-
High
Low
;
5(4
a447% a44%
A.
Last
Range since January 1
Shares
High
5 (4
__
Week's
Friday
for Week
Range
of Prices
Sale Price
Angeles Sloek Exchange
Sales
Week's
Friday
STOCKS—
Los
Feb. 5 to Feb. 11 both inclusive, compiled from official sales lists
from official sales lists
5%
695
5%
Jan
5%
Feb
x
•
5%
'
Mfg common—i_:
Briggs
Brown McLaren common.——
Burroughs
Machine
Adding
Consolidated
Paper
Continental
*
12%
13
15
■
15
71(4 Jan
450
12(4
Jan
330
15
Feb
1
5(4
5%
1,050
4%
Jan.
.**♦
: 4(4
4(4
100
3%
common—10
4%
4%
800
4%
18%
2,618
common..
Milner common—
Crowley,
13
#-10
common
Motors
1
1% Feb
13
Jan
15%
Jan
Zellerbach
Crown
.
Class
A
Electric
Jan
4%
Jan
General
Foods
Cleveland
&
Nav
Jan
5 %
J an•
Great
Edison
Detroit
Detroit
-
common....
Steel
Federal
Motor
General
18%
18%
Jan
19%
Jan
100
13%
Jan
13%
Jan
Kennecott
750
17 (4
Jan
100
5%
Jan
600
7 4(4
Jan
5%
5%
4%
5 :77
common——.——10
Motors
52%
54%
1
•2%
2%
——5
6%'
6%
—10
19%
19%
14%
14%
——"
'8%'
8%
common————1
60c'
,
common—
1,270
7
100
18%
5%
7: 5
Feb
Feb
2% Jan
common—
Hoover Ball
Bear
&
common.
Houdaille-Hershey "B"—
150
100
,
&
McKesson
Robbins,
7 7' 100
14%
Jan
Hurd Lock & Mfg
Kinsel
common
common—
—.1
McClanahan Oil common—!———I
Drug
Michigan Steel
Micromatlc
Mid-West
7
Tube common——2(4
;-,v;
Feb
North
Jan
15%. Jan
Packard
Parke,
Motor
v:«.
Car
8%
65c
York
6.101
24c
Jan
35c
"Jan
5%
Feb
6%
Feb
1%
300
.
3 (4
3%
common—.—*
3%
3%
29%' 29%
9
9
1%
1%
Pfeiffer Brewing
8%
7
;7
common.———*
••••.
:,;
7
8%
Wolverine
200
-
2-% Jan
Jan
125
Oil
Co—
Co
31?
';
328
Pure
(H
W)
Scotten-Dillon
Jan
4
Jan
Jan
30%
Jan
Standard Oil
9
Jan
Standard Oil Co
300
1(4
Jan
1%
Jan
Stone
8
Jan
8%
Feb
Studebaker
3%
100
3
Jan
3%
Feb
3%
3%
730
3(4
Jan
3(4
Jan
11%
11%
210
11%
Jan
_1
2%
2%
400
Simplicity Pattern common
Stearns (Frederick) common—
2%
Jan
;V"
&
2%
Udylite
United
common
Shirt
Universal
Dist
Cooler
&
Webster
Gulf
Texas
Aircraft
.!L*
•
17(4
Feb
Jan
United
400
2(4
Jap
2%
Feb
United Corp
3%
3%
1,400
2%
Jan
3%
Feb
U S Rubber Co
——*
4%
4%
300
4(4
Feb
4%
Feb
United States Steel Corp
2%
2%
300
1%
Jan
2%
Jan
Warner
1.00
1.00
185
4
3%
3%
100
98c
Air Lines Transport—
Corp
For
footnotes
see
common
page
671.
3(4
•
12%
Jan
1
Jan
3% Jan
Jan
Jan
17%
Feb
17% al7%
20
18%
Jan
18%
Jan
260
3%
455
26%
Jan
28 y4
Feb
2,474
21
Feb
21
Feb
15(4
Feb
15(4
3%
A
a
15% al5%
55
9%
175
9%
Feb
10'A
Jan
16% al7%
130
17%
Jan
18%
Jan
9%
a84% a85%
125
12
Feb
12%
Feb
486
22(4
Jan
24%
Feb
28% a28%
50
33%
603
33 (4
Feb
3~3~%
Feb
54
54'%
Feb
54'A
Feb
Jan
8%
Jan
Jan
34%
a8%
a8%
10
8%
14%
14%
170
14 y4
Feb
15%
a3G7/a a307/8
116
27%
Jan
30%
Jan
183
46%
Feb
46'%
Feb
14%
a35 %
—
(F W)
13%
60
13(4
Jan
13*%
Jan
78%
229
78%
Feb
78'%
Feb
31
1.3%
78%
a
24%
1%
'
'
,
a52%
37
al00%al01%
a
—
al01%
46%
a35% a35 %
a
a 24%
a24%
a27% a28
50
51
1%
100
a40% a40 (4
a51 % a52 %
306
al3
50
a41% a41%
a93%
1
3
a91% a937/s
50
6(4
a38 %
7%
Jan
Jan
53~
Jan
l'A Jan
50
1(4
al3
10
141
12%
a
a51% a52%
100
50
Feb
.24%
al2
33%
Pictures Inc
Westinghouse Elec & Mfg Co
Willys-Overland Motors Inc.—
Jan
a
a
'
5
10
4
477
23%
.
*
(Del)
Woolworth Company
Wayne Screw Products
a
»
Railroad Company- .-100
300
1
Feb
8%
Jan
28
'
10
Union
Bros
17%
Jan
16%
21
e>
Jan
2%
common
„a"
Union Carbide & Carbon Corp
Aircraft
Jan
8'/4
152
46%
17%
18
15%
50
17%
a
.-25
2%
1,266
17%
■
Jan
Pacific
Jan
a8%
3%
w—
Co
T%
■-V 21
' '
•.aa.
X
Sulphur
Feb
Jan
al5%
'
Company
~1%
17%
*
Inc..
100
a39% a40%
15
Corp
1%
16%
V;7
Western Union Telegraph Co
Warner
——
21
2.4
17%
"B"
Jan
103
Feb
28
Si'''.
(Indiana) —2b
—_—1
common
23
30(4
a8%
*
(N J)
*
—.—
Jan
.40
Company
.1
.
7'A
23
17^/8
25
Tide Water Associated Oil Co
12
Jan
Jan
25
Texas Corp (The)
United
Tivoli Brewery common
—
Republic Steel Corp—.—,
Sears, Roebuck & Co
3%
10
common
31%
7%
1%
America
Com of
Feb
•
River Raisin Paper common
13%
Feb
Jan
a
12
Jan
7
17%
«
3%
Jan
Jan
50
1
•
Co
Jan
29(4
28~%
900
G
3%
common———..—.2
Car
*; 3 (4
7.9
Jan
650
a
Oil Co
Radio
Swift
Rickel
Motor
100
:7"
Jan
26(4
a23(4 a23%
—
Socony-Vacuum Oil Co
Southern Railway Co
Standard Brands Inc
,
41%
7%
•
5 ' V Jan
5,7 Jan
f
■
Jan
a42% a43%
in
Packard
Jan
600
41%
13 ('4
—
—
Pennsylvania Railroad Company—
Phelps Dodge Corporation
Pullman Incorporated
i
70c
300
132
Jan
30%
-
•
Inc.
Feb
Jan
5%
Jan
6%
30%
al3%
■■7.
RR
Aviation,
American
North
Ohio
Central
American
Jan
*7 ;tV,: '7;
common————*
common.—:—A—_*
Davis
Jan
62c
6
Peninsular Metal Products common—t
Parker
8(4' Jan
50c
400
32c 7 35c 7
5%
100
1.100
69c
common——__1
Chemical Co
x
70c
Abr .common—r_—_,—__50c
-/'.V••.*.. £
Park
common—,_——l
Hone
69c
:7
Jan
37%
10
7%
*
Montgomery Ward & Co Inc.*
Mountain City Copper Co-
Feb
'
Car
Motor
Hudson
17
Feb
100
30%
a23%
Jan
20
Jan
25
a27% a28%
'
Inc..
3
54%
•7V
7
-
Jan
35%
40
a40(4 a40%
*
Libby, McNeill & Libby
6
17
988
Feb
Jan
New
Halt. Lamp
*
16%
36
a41 % a42 %
7
—
6%
52 V8
.
a41%
——
Copper Corp
a5%
a
35%
—
International Tel & Tel
13%
18%
*
a5%
al6%
' •7.;-
77^-
c
Co—
Railway
13(4
3
40
r
*
17%
common.,..
35
al57% al5%
1
1
Truck
Brewing
(B F)
a30% a30%
'■i-.'i: :.y
»
common.—7——5
Corp
Industries common—
Gar Wood
Goebel
20
common—
Gasket
Detroit
—
Co
Corp
Northern
5
A
Corp
...———
General
Goodrich
Detroit
—
Curtiss-Wright Corp.—
5% Feb
7
(Del)
Co
6V4
a38 (4 a38%
110
120
53
12
Jan
13%
Jan
42%
Feb
42%
Feb
93
Feb
93
Fe'o
6 (4
37
Feb
Jan
7%
37
Jan
Jan
'ij: '•
♦.^
r'.-'r ;'./VVv
•'
Monday, February 14, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
OTHER STOCK EXCHANGES
'
Philadelphia Stock Exchange
■;1
.Friday
1
v/'-■: J;
Baldwin
Bankers
Budd (E
Chrysler Corp
Navigation
Lehigh Coal &
■
preference common.
-—■*-* ;
4.4 % preferred
—-——-100 •;
Phila Elec Power 8$ pfd—,—-—25
Philco Corporation
3
$1
preferred
Paper
Scott
Sur.
common—-
Preferred
Corp common—
—
—
United
United
Gas
preferred—
Corp S3
Improvement—
distribution
Ex-stock
Feb
57
42%
54 %
1,537
9%
1,020
5%
72
5%
6%
39%
Jan
42% Feb
51%
Feb
54%
8%
Jan
9%
Feb
4%
Jan
6
Jan
5%
Jan
6%
Jan
4%
Jan
5%
Jan
28%
,
■
5%
1,459
28%
1,005
.26
Jan
.10
162%
Feb
Feb
Feb
9.759
19%
22
Jan
25%
1,353
23%
Jan
25%
Jan
Chicago Stock Exch.
10
116%
Jan
118%
Feb
506
32%
Jan
34%
Feb
25%
Jan f;
29%
27%
28%
310
17%
150
16
Jan
17%
30
32%
Jan
351/8
f'.V's
10
38 Va
Jan
41%
57%
Jan
Va
50
%
Jan
1%
810
59%
Va
.
1%
33%'
New
.
-
./V
Bell Teletype SL
Co
Blaw-Knox
2%
2%
Jan
;
36%
•
16%
50
23%
306
Jan
22%
'
16%
Feb
.
'
Par
Feb
American
23% Feb
Inv
Burkhart Manufacturing common
Candy—
—-*
Columbia Gas & Electric common
•
Clark (D L)
—
4'%
————————10
Brewing—
*
.
—5
Brewing-——1
Walker Refractories—
—•
Oil
Devonian
Duquesne
Fort Pitt
Harbison
—1
10
National Fireproofing Corp————*
Pittsburgh Forgings i
—-1
Pittsburgh Plate Glass
————-25
Pittsburgh Screw & Bolt Corp
-*
Rennet Co
r—-.
—1
Manufacturing
McKinley
Mountain
—
—
—
—
Feb
Jan
17
Feb
Feb
15
Jan
3%
Jan
16%
590
:
St
Feb
Louis Pub Service common A—
Stix,
Feb
Feb
5%
18
Jan
19
Feb
12
Jan
13
Jan
28
28
50
28
28
Feb
—
Jan
125
9%
L
Last
:■
I:;'V:'V///■
Preferred
113"
ion
Ltd
ii.
Bathurst Power & Paper class A—
Brazilian Traction Lt & Pwr
B
750
315
.
15 V2
Jan
17
Jan
15%
Jan
15%
7%
Jan
221
20
81
Jan
90%
Feb
90
Jan
91
35
786
6
1,500
5%
5%
<« -v;-.
•
13%-
•
38
144
144
v
Ind
Canadian
Alcohol common..
#
;;;
"
■;
44
.
f: 32 v/;;i
—
)•''
__
__
_
Consolidated Mining &
5..."
Smelting
*
Consumers *Glass
Distillers Seagrams
Preferred
Dominion
Dominion Steel
& Coal B——
Preferred
Preferred
—100
—.1—
—
•
Corp
Players
Products—
Canadian
Foundation Co of Canada
footnotes
see
III*
Corp——*
page'671.,
*
Montreal
Loan
Feb
Montreal
345
36
Montreal
56
144
22%
6
Feb
147
Jan
Jan
23
Feb
National
46
32%
Feb
Feb
5%
Jan
National
5
Jan
5%
Jan
27
Jan
34%
Feb
Jan
11%
Feb
12%
Feb
Jan
28%
28%
200
27%
Jan
1
41%
Jan
Ontario
29
Jan
Ottawa
Feb
37
109%
Jan
Jan
Feb
23%
Jan
28
Jan
Jan
14
Jan
Placer
159
150
Jan
159
Feb
Power
7%
7%
Feb
8%
Jan
Price
8%
8
Jan
8%
Feb
5%
Co
preferred
105
Jan
105
Jan
72
Jan
73
Jan
Rolland
9%
<
7%
9 %
4%
5
5
24
24
24
16
16
15
24%
21%
g%
•'
23
Jan
10%
8%
7%
13
10%
25
•
8
7%
10
17 %
Ltd
Feb
Jan
Jan
Saguenay
8%
Jan
St
156
common
9%
Jan
Jan
5
Jan
St.
Feb
25
Jan
Shawinigan Water & Power—
Feb
Jan
16
Jan
Class
A
preferred
Lawrence
Sherwin
Feb
8%
Jan
Jan
Jan
127
17
126%
Jan
22
6,385
19%
18
Paper
72%
Feb
Feb
Jan
Jan
22
Feb
13%
13%
13%
50
13%
Feb
34
34%
490
42
42
42
15
15%
•
16
'
16
45
;;
Jan
15% Jan
Jan
17
Jan
51%
Jan
51
49%
51
830
48 %
Jan
23%'
25
460
23 %
Feb
13%
4%
.
24%
-
/
•
"I
"2
~~
•
22
50
preferred—._100
*
Williams of Canada common-"
4%
25
85
40
161
13%
Jan
Jan
4%
Feb
Jan
25
Jan
8
Jan
Feb
98
Jan
65
35
95
7
14
24%
8
6%
Feb
Jan
150
97
11%
Jan
Feb
307
95
11%
25%
161
5
7
130% 130%
Feb
11
130%
Feb
130%
130
11%
Jan
11%
Jan
235
6'A
Jan
7%
Jan
Feb
22
23%
3,023
19
Jan
23%
Feb
95
95
125
93
Jan
95
Jan
13%
310
12%
Jan
14
Feb
13
-
10%
40
9
19
100
10%
»
•
13%
8
100
_l
161
Jan
13%
15%
25
161
Feb
Jan
43
41
80
935
13%
34%
33
•
100
1
17% Jan
127
Jan
35
100
preferred—__100
Corp
Jan
13
100
common
Power
Lawrence
Feb
9%
95
*
-
Feb
10%
405
i—
common
Feb
Feb
Feb
19
—
—
Feb
Jan.
Feb
22
•
Paper
16
35
'
__
-
25%
137
Jan
72
10
27%
112
Jan
16
360
21%
21%
135"
1,888
72%
127:
—
-
30
360
7-%
Jan
Jan
16%
-
Jan.,:
22%
Jan
72%
_I
76
Feb
20
650
•
Jan
Feb
111
16
15%
72%
44
137
8
Jan
Jan
505
27%
112
25%
23
■31
Feb
21%
25 ;"-
370
-
Jan
Feb
15.
10%
10%
22
28%
15%
common—
Quebec Power
73
155
Jan
1,705
15%
135
135
__
Corp of Canada
Bros &
105
•
14
74%
112
25%
——
Development
105
9%
II
24
15%
Products
Steel
Penman
13
7%
Jan
100
25%
—
Feb
Jan
12
• 1,695
21%
21V2
111%
11%
325
23
72%
14% Jan
>150
30
15
15%
Feb
Jan.
30% Jan
24
22%
r
Jan
16%
108
Jan
19
-
Page-Hersey Tubes
Ltd preferred
108%
25%
155
Jan
10 %
22
L. H. & Power common—
Ottawa
14
7%
13%
Jan
110
22
•
Car Aircraft
25
155
Feb
28%
:
__100
73
734
"V
30
Ottawa Electric Rwys
159
155
28%
20
21.
35
Preferred
14
8%
107%
Feb
22
Ogilvie Flour Mills common
8%
Jan
A-
Noranda Mines Ltd
10%
7%
Jan
13%
14
_——* ' ;
50
7%
11%
415
23%
Corp
355
39
—
Car
8,563
830
14
Jan
125
15%
14
—25
—
—
Steel
5%
108% 108%
12%
5%
11%
151/4
Niagara Wire Weaving
Preferred
34%
34%
Jan
22
—25
common—
Jan
40 Va
;
Breweries
Jan
35
6
14
Murphy Paint Co common——J— _*
5%
34%
Feb
100
5ye
•
5%
—40
Mortgage—
Tramways
24-%
385'
Jan
560
107% 107 Vz
"
3G
265
1,035
Jan
7
415
Jan
40%
25 %
&
8
Jan
100
7
5%
100
-
Telegraph
Jan
Jan
1
—
& Heating
Jan
11%
*
common
Dryden Paper
Electrolux
"
_100
—
Dominion Textile
25
9%
26%
Jan
6%
7%
22
Light Heat & Power Cons—..
38%
445
—
Mont
7%
26
1,350
100
Jan
12%
—
Tar & Chemical common
Dominion
■
Feb
Jan
405.
:
2,180
_*
—
—
common
Jan
12
—100
—
•
Coal preferred—
—25
Glass preferred-————100
Dominion
■:
T._
Preferred
13%
Jan
10%
__
—
5%
•
Cottons
108%
12
11%
_*
25
j*
Oil
(Robert)
25
725
11V4
common-———-*
Dominion Bridge
8%
^ 20
107
•
Feb
40%
...
.
18%
tf 225
32%
Feb
11%
#...
Plow
'K
—.—
107
Feb
—,
McColl-Frontenac
Mitchell
Montreal
12%
25
Canadian Pacific Railway
Cockshutt
-
Jan
Massey-Harria
12% Jan
14
—•
& Sons Ltd
31%
■i:X
Locomotive
6%
Jan
Jan
Jan
46
„
5 Va
"B"
Class
Canadian
30
5%
35
Jan
Feb
29
*
Legare Co Ltd preferred-
(John A)
Jan
11%
11%
100
Lang
Jan
93
13%
_15
common
Feb
86
Jan
28%
common————*
Jan
Jan
23
23
100
-
Investment com-
5%
12%
Jan
34%
•
Canadain Foreign
31%
9
Jan
Jan
93
14
11%
com__ •
——
9% Jan
85
25
*
common
!
114
.»
com
common
Jan
85
93
15%
107%
—100
Preferred
8%
330
9
since January 1
'. High
11%
5%
—100
Lake of the Woods
Low
'
«■
..
Preferred
44
144
Range
High
7
15%
•
common—5
International Petroleum Co Ltd—
Jan
50
Sales
7%
5
...
Can
-International. Power
Jan
13%
Feb
85
12
common—
Preferred
32%
38%
38
*
Canadian Converters
International Paper
41
9%
25%
Celanese common
10
—„
,
8%
8%
86
7
a—,—————————25
Preferred
100
26%
9
9%
•
Feb
63%
Shares
108% 109
•
•
International Nickel of Canada
210
107
97%
Jan
63%
93
*
*
Industrial Acceptance Corp
33%
33%
Feb
for Week
Range
•
1Q0
.
Bay Mining—
42%
42
42%
Rights
7%
425
1,434
Bridge
International Bronze
Feb
34%
9% Feb,
33
97% Feb
130
of Prices
Low
•
100
100
common
Imperial Oil Ltd
Imperial Tobacco of
Jan
11
8%
25
preferred
Jan
21
25
107
pfd—
108
-
100
12%
_
Preferred
Jan
20
8%
33%
Canadian Car & Foundry common.
Jan
104
91
107's
*
■
Hudson
•
90%
8%
Canadian Bronze common
•
Jan
Jan
35
;
6%
4,330
6%
3lA
20
•
Canadian
7
23
90%
preferred
conv
15%
15%
104% 105
7
105
32%
Week's
Last
*
Preferred ——100
Jan
/■' 91
;
Breweries common
Hamilton
Jan
125
Preferred
Canadian Canners Ltd
Feb
24
1 000
17
17
12
_
24%
Jan
2%
*
Preferred
Jan
Jan
Northern Power
Canadian
Feb
2%
.
_
-
..
21%
7,745
156
Jan
153
Feb
340
Steamship common
For
15
Jan
600
"A"
Foundries common- -100
Canada
Enamel
Jan
15%
23%
/
;
.100
Canada
Famous
22%
14%
31
Jan
1,200
Hollinger Gold. Mines
Howard Smith Paper
Jan
24%
Forgings class
7 9i'
22%
Jan
Jan
'
23%
a
New
Jan
13%
&
100
22%
•
5%
21%
21 %
153% 155
.
17
5
—
Iron
Jan
Jan
23%
Cement common
Preferred
Jan
98%
200
22 Va
2%
Canada
90
/ Jan
24%
•
Canada
10 %
Jan
927
22%
—
Preferred
Jan
Jan
98
15
*
Building Products class A
Bulolo Gold Dredging
Canada
9
89
96%
21%
153%
—
British Columbia Power Class A—
Class
35
215
88
,
Feb
$2,000
Gypsum, Lime & Alabastine
■
125
21%
,
*
.
-100
Co of Canada
Bell Telephone
Jan
334
21%
—
9
97%
.
(Charles)
Gurd
Feb
113
112
15
98
Feb
9% Jan
85
63%
Preferred
1
92
22%
Can pfd-
—^————_
Breweries
High
^
92
92
100
$
Corp
Associated
Low
•
common
Co of
Aluminum
Asbestos
Range since January
Shares
90
90
•
10
20
63%
Gatineau Pqwer common
59o
preferred
——
5% %
preferred ———
General Steel Wares common
Sales
for Week
,
Feb
-
official sales lists
9%
9.%
9%
———_—
Aluminium
113
Feb
10
97%
inc
conv
Par
High
Low
Par
preferred
Agnew-Surpass Shoe
Algoma Steel com
■
of Prices
Sale Price
STOCKS—
■
Range
125
Jan
1964
Serv 25-yr
Sale Price
Funds
.
Feb
9%
6
LISTED MARKETS
Llpnfrcal Stock Exchange
Canadian
125
120-
9%
Jan
10'A Feb
111
both inclusive, compiled from
Friday
Week's
13%
1st mtge 5s._—.1959
Pub Serv
Pub
Friday
Feb. 5 to Feb. 11
15
40% Feb
Jan
BONDS—
Louis
St
Feb
Feb
Jan
11
9%
32 Va
32%
Jan
15
10
9
14
32
125
10
Feb
13% Jan
Jan
45
13
9
12
100
13
1
16%
Feb
1,825
15
40%
•
„
Feb
12
129
14
15
16
35
12
13%
STOCKS—
i
20
39%
40%
Jan
6
Jan
5
500
16
12
5% Jan
20
5%
5%
16
36 V4 Jan
6
Feb
Jan
35%
490
6
16
Baer & Fuller
St
Jan
CANADIAN
'
'■"'■
36
6
7% Jan
80c / Jan
9
Jan
::S 19: Jan
70
8%
8%
36
36
Feb
Jan
50c
10
75c
75c
6% Jan
240
7%
7%
7%
Aluminum common
Sterling
90c
-
_1
common———10
Wagner Electric common
—
15
Jan
Jan
127/8
-
Candy common
7
102 %
25
235
Bearing Metals common
80c
50
195
170
300
19
13
■
common—25
*
•
Rice-Stix Dry Goods common—.
*
1st preferred —————.—100
Jan
3%
23% Jan
*
5
common
National
Feb
8%
5% Feb
Feb
19
20
_25
National
Jan
103
Jan
55
640
100
-
16%
Jan
Jan
Feb
23
Missouri Portland Cement
4% Jan
Jan
101
40
4%
5
85c 85c
10% 10%
4%
4Va
500
15
12% 12%
99% 102%
12%
Jan
14%
431
6% 7
70c 70c
„
———.——5
Manufacturing
Ruud
—
Fuel Supply
4%
510
280
100
common
Machine
Landis
Jan
■8
'
Steel
Laclede
Jan
16 V4
1,061
14%, 14%
3%
3% 3%
16% 16%
■—
102 102
8%
8% 8%
—
v>
3% 3%
Jan
7% Jan '
100
265
—
Koppers Co preferred—-.———100
Lone Star Gas_
10
7%
56
8%
5%
12%
—100
•
——
Key Co common
Laclede-Chrlsty Clay Prod common
Jan
27
Feb
;
International Shoe common
High
Low
;
25%
74
16% 17
17
—
High
25% 26%
8% 8%
8
8
4% 4%
—
Range since January 1
Shares.'
Sale Price' .of Prices;
Low
Preferred
Week
Feb
24
23%
„
common
Hydraulic Pressed Brick common
Sales
.: for
Feb
5%
6% Feb
Jan
23%
5%
common——*
*
Brew
Hussmann-Ligonier
.
6%
50
23%
*
—-1
common-—
Griesedieck-West
compiled from official sales lists
Range
Pepper
Falstaff Brewing common
195
6%
25
24
High
Lots
High
6%
6%
Range since January 1 i
Shares
of Prices
Low
1
1
common
for Week
Range
'Last''//
Sale Price
/:/■•:'>••■
Sales
Week's
Friday
Jan
2% Jan
Feb
15
compiled from official sales lists
Feb. 5 to Feb. 11 both Inclusive,
Jan
2
Jan
2%
24,169
16%
Week's
——.
—
593
Exchange
St. Louis Stock
Jan
%
1 %' Jan
33%
188
34
60 Va
.
STOCKS—
i
Phone-
CEntral 7600
Chicago Board o! Trade
Mercantile Exchange
York Curb Exchange Associate
Feb
59%
28
St. Louis Stock Exchange
Feb
41%
41%
—
Missouri
*
Feb
35%
Last
•
;
Feb
Friday
Par
1871
Associate Member Chicago
Feb
—
Steel——-—•
Feb
Feb
110
$1,000
110
St., St. Louis 2,
New York Stock Exchange
Pittsburgh Slock Exchange
Allegheny Ludlura
23%
Members
165
20%:
22%
:gTQCKS^-%;.. "•
Jan
Established
300 North 4th
Dr.
l/; :/■•'//••
22%
Edward D. Jones & Co.
Feb
17%
both Inclusive,
619
Feb
Feb
7% Jan
>
Unlisted Securities
Century Electric Co
,
10
Coca-Cola Bottling common————1
Feb. 5 to Feb. 11
23%
:
Jan
33%
2%
Feb
110
—
St. Louis Listed and
Jan
46%
;
Jan
20
117% 117%
33%
34 %
35%
6%
7% Jan
82%
19%
27%
17 %
—
.
162
165
—1949
24%
Inc
Westmoreland
Feb
155
4%
/
—
10
Coal ————20
Westmoreland
5%
5%
43%
165
55
Feb
35%
Jan
42%
i
Jan
78%
■;
Jan
5%
58
27%
•--*
' —■
.-25
-25 1%
*
33%
Oil
Transit Invest
.
_
50
———50
*
——
34%
227
5%
--//;■
20%
25
Reading Co common————
1st
200
7%
79%
8%
5
50
*
Manufacturing
Philadelphia Electric Co common
35%
51%
28% ?
50
Pennsylvania RR
Salt
—
2,150
7%
Jan
41%
41%
54%
.9'A
—*
—1
Pennroad Corp
20%
42%
,
50
Lehigh Valley RR
National Power & Light—-
Feb
5%.
.
•
—10
•
Battery
19
78%
preferred
Prior
Electric Storage
General ^Motors
125
5%
•
common
19%
.
5
22%
22 %
-
3c
5
Jan
Jan
4%
Feb
•
6%
67/a
5
~
—
Curtis Pub Co
19
35
■;/
2c
3%
6%
* :
Pittsburgh Brewing 6s
Jan
157%
294
>:
—
16%
Jan
220
15
2,000
3c
3c
Range Since January 1
Shares
Bonds-
14% Jan
15G
15%
156 % 157%
15
157'A
100
Locomotive Works v t c
.-13
Securities Corp preferred—.50
G) Manufacturing common—"
Low
,
,
Tel & Tel
American
Penna
.
•
High
for Week
Range
of Prices
3c •
4%
_1
1
Westinghouse Air Brake—
1
Range since January
High
Low
Par
American Stores
1
—
Springs
Steel
Standard
Shares
of Prices
Sale Price
STOCKS—
Mining——.
Sales
Week's /v
Friday
Last
.
Sale Price
Shamrock Oil & Gas "common
■■;
for Week
Range
Last
■
Sales
Week's
:
1 .•! ■
STOCKS—
San Toy
compiled from official sales lists
both inclusive,
Feb. 5 to Feb. 11
•
O.
•;v:■
■
".v/"
v
3
14%
3
14%
100
3%
15
52
52
52
15%
15%
15%
15
15
1,311
14
379
2,604
1
10% Jan
100
Feb
3%
Jan
Jan
15%
Jan
Jan
53
Jan
16
Jan
15%
Jan
3
720
Jan
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
LISTED MARKETS
CANADIAN
Week's
V
Friday
Last
-iy'o' V"
(H) & Sons common
Southern Canada Power
.I——*
Co.
Steel
Corp
Biscuit
Wabasso'Cotton
...
Western Grocers Ltd
Weston
(Geo)
Wilsils
Ltd
V
'V
18
.
6%
'7
67
64
100
—
:
118
118
19
>
19,
Jan
11%
Feb
Powell Rouyn. Gold
10
Jan
11
Feb,
Shawkey Gold Mining Co Ltd
63
Feb
65
Jan
Siscoe
69
Jan
70
Jan
10%
Jan
12
Feb
Sullivan
3%
Feb
4%
Jan
5%
Jan
6
Jan
85
Feb
85
103
Cons
4%c
1
Ltd—
———1
Ltd..—1
Mines
Ltd
Mines
45c
70c
1.80
3.55
67c
4.70
4.70
Feb
1.57
6o
Jan
76c
Jan
Jan
65c
Feb,
45c
1,100
1.70
3.55
High '
Feb
2%c Jan
7,500
34,675
55 %C
1.78
1.57
Jan
15,225
1.62
Jan
1.80
Feb
75
3.55
Feb
3.55
Feb
,
100
4.70 Jan
4.75 Jan
Jan
18
Jan
17 %
Oils
Home
Oil
Ltd..
Co
*
Jan
7%
62
Jan
67%
115
Jan
120
Jan
Feb
19
3.40
3.60
1
.^™>—
Homestead Oil & Gas Ltd——.
4 VaC
4VaC
4%G Feb
4 VaC Feb
65c
65c
65c
65c
Feb
20%
20%
20% Jan
21
Jan
3.25
3.60
Jan
Feb
Jan
6%.
18 V*
Okalta
Ltd
Oils
—*/
——
Royalite Oil Company Limited...—..*
Feb
Banks—]• v'''".--
Commerce
->100
135
-»^-->-,i-^>>>-._^>-^.-;«.«.100
Montreal
■«-
Nova Scotia
—J—4100
——
Royal
—
100
135
■
-
151
,238
138
4
—
"
151
134 Va
7
135%
8
21
•;
Toronto Stock
135 J/4
Jan
150
212
238
138
Jan
155
238
Feb
240
135
Jan
138
Canadian
Friday
Sale Price
Funds
Acme
Feb. 5 to Feb. 11 both inclusive, compiled from
official sales lists
6 %
preferred
preferred
Range
for Week
Par
•
2%
——100
.™..
of Prices
Low
33 %
2%
2,285
'2%
27%
Jan
60
Jan
10
"B"..
*
Beauharnols Power Corp Ltd
*
Belding-Corticelli Ltd common—100
50
Bathurst Power &
Paper
Brandram -Henderson
Brewers &
British
Oil
Co
Ltd.
Canada
&
Canada
290
100
15
Malting Co Ltd—
Canada
Dominion Sugar
Northern
Canada Starch Co
Ltd
Canada Wire & Cable
100
6%%
pfd
10
100
Canadian Dredge & Dock Co Ltd—.—"
Canadian Industries Ltd "B"
*
Canadian
Marconi
75
100
common
Company
100
10
,
—1
150
Canadian Power & Paper Inv Ltd com."
'5%
preferred
7%
Ltd
22%
21
104%
Feb.
1.50
1.40
1.61
59,700
15 '/2c
15c
16c
5,000
100
90
90
93
94
97%
97%
98%
60 %c
60c
62c
6.35
6.35
6.45
920
6lc
58c
65c
14,800
55c
Jan
65c
Feb
14c
12c
140
12c
Feb
18c
Jan
49c
47c
50c
25,500
28,500
42c
Jan
53c
Jan
20%
20
Jan
Jan"
44%
Jan
99
Canada
5%
1
...i..———!■
Gold
15
Feb
15
Jan
110
15
Jan
1.85
Gold
156
2%
Jan
Claude
Wines
Neon Gen'l
7
Commercial
Alcohol
40
Jan
54%
Jan
52
...—1
19%o
18%d
Jan
Consolidated
—1
Mines
Nova
Metals
—
Preferred-
2.50
Consolidated
Paper Corp Ltd—.A,..
4:
—
David
Llmitee
Frere
&
Woollens
20c
'■m.
Jan
225
10
6%
65C
Feb
10
3%
80C
•
Feb
*
—.
*'.
4%
3%
11%
Feb
1,792
Jan
32
4%
14
8'/4
37
Jan
.....
Jan
2%
Jan
3
Jan
4
5
77
23%
trust
J)
3,062
6%
19%
Jan
1
—>*■ -'4. 22
preferred--100
.
(A
82 Va
Feb
10
Inter-City Baking Co Ltd—-.-100
International Paints
(Cam
Ltd A
mw:;
*
International Utilities Corp class A.—"!
.'v-,ClassB^..._^--.:-....—
Investment
1,300
„4
,
■-
•
10 '
y
Foundation common„.—*
44 Preferred • —4V—'j.c4
Lake St John Power & Paper:
MacLaren
10
..
10
^v35"^'
17%
*
Power & Paper Co—...—*
41
2%
22 Va
Jan
2%
49
16%
540
20
Feb
Canada Malting Co
&
Tel
Co
Oil
McColl-Frontenac
Distilleries
Melchers
com——10
Ltd
Massey-Harris Co Ltd 5%
64
pfd
pfd
Jan
Jan
Feb
2%
Steamship Lines common—>*
Preferred
....——.—50
Canada Wire & Cable class A...
*
Class B
*
Feb
18%
Feb
Limited
14
:-~4V
Moore
Corporation Ltd.
u—_
Noorduyn Aviation Ltd...
*
Reliance Grain Co Ltd
;—*
—
20%
16
Jan
Ltd
Bridge Co
V44V
*
pfd—..100
Corp class B—
Walkerville
Brewery
Limited.
*
'
V
—*
Walker-Gooderham &. Worts-Ltd
7%
46 %
Jan
1,200
20
7%
Canadian
Jan
50
4
49%
Jan
5%
91%: Jan
55
36
25
,
Preferred
Jan
95
7
Jan
37
Feb
Feb
Feb
Jan
1st
Canadian Car
New
22%
Jan
93
Jan
10
5%
25
9%
Feb
5%
56
104Va
Jan
105%
Feb
Canadian
5%
Feb
5%
Feb
Canadian
Oils
—
14%
'
__
3
:
1.90
—
105
5%
15
200
3
10
1.90
14
2%
Feb
15
Jan
Jan
100
1.75
Jan
425
57%
Feb
Jan
;
Feb
3
Feb
1.90
Feb
H-^r
58
Common
58
61
Jan
Rv
Aldermac
\
'
Beaufor Gold Mines, Ltd—
—_1
Gold
Mines Ltd.—.1
■Central Cadillac Gold Mines. Ltd—.—i
Centurj^Mining Corp. .Ltd.-,——__1
Dome
•East
J-M
Mines
Ltd—.1—1
Gold, Mines Ltd—~———l
Hudson
Little JLong
Bay
Mines Ltd.
Lac Gold. Mines..Ltd,
Mclntyre-Porcupine Mines
Normetal Mining Corp Ltd
Gold
O'Brien
Pandora
Perron
For
Mines
Cadallic
2C
Jan
3%c Feb
1,000
6C
Jan
see
page
.
__
4c
Jan
11c
Feb
Commonwealth
4C
Jan
5c
Jan
Conduits
10 %c
4%c
11c
27
Va
1.90
.
671.
-1
3%C
2,500
100
200 V
Jan
Coniagas Mines
Jan
zConiaurum
Bakeries
27 Va
Feb
29%
Jan
Consolidated
1.98
Jan
Cosmos
800
38c
Jan
44c
Jan
500
28C
Feb
31C
1%C
Jan
3%c Jan
23,000
14c
Jan
6
Dairy Corp common
Davies
Jan
4Va
Jan
Jan
Denison
1.09
Feb
1.14
Feb
59%
42
Feb
59%'
Jan
.Dominion Bank
77c
77c
1.47
;
*
9c
1.01
1.60
9c
1.03
Jan
48,150
74c
Feb
93c
Jan
-60.
Jan
Jan
4c
Jan
9%
Jan
Jan
2.23
Jan
1.90
21c
Jan
5
Feb
1.10
.
6 Va
Jan
1.10 Feb
Jan
59
Feb
25c
Feb
Jan
61
7%
Jan
107
Jan
22
5
20
Feb
Jan
22
Feb
44%
240
43%
Jan
45
Jan
97
70
95
150
150
30
145
12 Va
2,146
9
35 %
1,135
65%
20
65
Jan
19
50
18%
Jan
5
91
134
5%
41
5
78
Feb
19
Feb
.97
A
Jan
>
Jan
12%
Feb
31% Jan
35%
Feb
67
Jan
Jan
5%
Jan
91%
Jan
5
Jan
150
Feb
91
35
91
135
104
132
5%
685
5
Jan
6Va Jan
40l/a
Jan
43% Feb
43% Aa. - 140
Jan
-
Jan
135
Jan
9 Va
Feb
150
8V8
Jan
23 Va
50
24
Feb
13%
755
22 Va
12
Jan
13
8%
; 25%
Jan
13%
Feb
9%
656
8%
Jan
370
24%
Jan
26%
38
38 %
195
35%
Jan
38% Jan
16
5'/4
16 Va
415
15
Jan
17%
9
23]/2
38 'A
- A-
5(4
33%
32
70c
19
10 Va
100
1.80
,
9 Va
26 Va
V
■;
-
V.'
5%
100
34%
530
600
70c
5(4
9V» Jan
65c
18%
Jan
1.00
2,700
1.88
4,350
80c
Jan
10 Va
10,700
VV;:' : 95.
.
2,300
95c
1.62
Feb
Jan
8%c Jan
4%
17c
Feb
Jan
Jan
>
Jan
21 Va
Jan
50
9,094
Jan
34%
Jan
19
Feb
5% Jan
Jan
27
11%
ll%c 12%c
4%
4%
25c
27c
Jan
11%
Feb
1.15
Feb
1.92 Feb
13c
Jan
4% Jan
Jan
35c
Feb
1.51
1.68
1.30 Jan
1.72
"1.15
>4.87
1.30
290
1.15
Feb.
1.60 Jan
1.99
12
8.500
1.86
Jan
2.08 Jan
315
11%
2lc
32c
19,940
15 %c
Jan
24c
29c
Feb
32c
5'%
75
5
Jan
1.25
1.25
100
1.25
Jan
1.42 Jan
1.55
1.61
5,583
1.51
Jan
1.70 Jan
15Ve 15 V«
40Ve
41
133 134%
1,165
23
50
5
5%
15c 16%c
66
11%
19Vic
29c
-
20c
30%c
.5%
•
•
1.56
—
40V2
133
27
17
Jan
9
5
.
Jan
3c
320
60
Jan
34%
;65%
19
26%
^
,15%
5,167
,
4.35 Jan
9%c
10%
—
—-
25c
5%
1.10
,
Feb
8c
Jan
Feb
7c
95
13'A
—
3.55
.
Jan
Jan
—
,,
-
6%c Jan
4,500
19 060
5 Va
5,900
59
750
Jan
80c
Nickel Mines...—-1
Corp—Seagrams common..—*
Dome Mines
———*
Jan
Dominion
.
Jan
Dominion
.4:
—
%
preferred—50
Foundries & Steel com——•
22%
—2»
—
—*
10%
1.38
1,000
7C
Jan
10c
Feb
Dominion Steel
500
98c
Feb
1.06
Jan
Dominion
1.72
:
.——-.100
,
Fabrics
3,170
Jan
:
-*
Distillers
5c
81c
2.20
—
*
;—__.*
Petroleum
3%c
100
59
1.03
Mills—.—
Imperial
833
1.09
Jan
:
31,523
2,600
105
153
Jan
15
Jan
38 Va
Jan
128
21%
Jan
12
;
5 Va
15%
Jan
Feb
Jan
Feb
41% Jan
Jan
1341
Jan
Jan
23
Jan
Jan
2,200
69c
15-
91
—*
—
91,355
/
780
—
Mining & Smelting—5
(Toronto)—
.100
Feb
24(4
4,000
:.
.
Consumers Gas
1.90
—
Mines———-i
Jan
22
44'A
—
5 • „';
5c
12c
23
6%
Co————1
Jan
Jan
350
104 %
35'A
•
—.—1
8c
24 V2
104 Va
—
2VaC Jan
1.09
5c
59%
—
28c
43,100
Jan
165
12%
.
Pete..—.
National
22
17
97
__
——*
———25
....—
2,500
9 VaC 10 VaC
10c
—
1.09
1
Lake
6,200
3o
--
1
Ltd—
Coin
Jan
90
HO
44 %
•,
Co————:
Plow
Cockshut.t
5c
28c
...77c
Mines
Jan
22%
105
—
*
Consolidated
5
Ltd.
Gold
1
9c
.Tan
9 Vac
1.90
*
Ltd.
Gold Mines Ltd.—
footnotes
1,700
8c
40 %c 40 %c
Joliet-Quebec Mines Ltd——.1
Kirkland
3%c
27 VB
Gold Mines Ltd—
Consol
18c
4c
-
,
Mines Ltd—
Howey Gold
Jan
5c
4--'.
4a4c
Maiartlc Mines Ltd..—1
Francoeur
15c
Feb
6%
Patricia Gold
9c
Bouscadillac Gold Mines Ltd—_.l
Cartier-Malartic
4,400
8c
16c
Mines Ltd——.,—
Arno
16c
3c
Corp Ltd,————*
Copper
15c
Feb
21 Va
6%
.
'Mines—
Jab
868
2.05
11%
1
—
Mines—1.80
Central Porcupine Mines
—1
12c
Chateau Gai Wines
*
Chemical Research Corp
1
27c
Chestprville Larder Lake Gold Mines—1
1.56
Chromium Mining & Smelting—.——*
1.15
Cochenour Willans Gold Mines—*
1.93
Pacific
Canadian
Central
12
24%
21%
,
Jan
Jan
Jan
9%
24c
Jan
24c
11 Va
3%c
5
1,10
Feb
18
22%
9%
•
10
10Vac Jan.
300
3.%c
—
Jan
6,786
-
16%
-
Feb
Jan
67c
Jan
310
—
Castle-Trethewey Mines
20c
40,768
-;• ' -
common....——*
common—
7,509
Feb
'
•4%
157
Jan
Jan
9c
Malartic
76
5%
12
92%
17
8Vbc
30
4.10
__
&
92%
Feb
64
6.400
7Vac
.
Dock
—
"
Canadian Industrial Alcohol A——*
Canadian Locomotive
—•
Dredge
10
15.
Jan
7c
2.08
———25
Celanese
Canadian
Canadian
37c
133,588
7%c
—
*
& Foundry common—*
92%
840
Jan
i
Feb
152'/a
81c
20
preferred
Feb
7%
common.—:
Canners
preferred
preferred-
Convertible
Feb
4%
417
74c
————;
22
105
5%
*
:
Ltd—
Jan
1.50
5%
...
-
Standard Clay Products Ltd——100
United Distillers of. Canada
103%
15
100
6,000
"
81c
17
*
Preferred
-—100
Canadian Bank of Commerce
100
Canadian Breweries common
—•
20
new—
Southern Canada Power 6%
5%
36
7%
Jan
Feb
73c
Canadian Bakeries common
Feb
Jan
19%
35
95
36
36
.
8
49 3i
95
—
common......*
Preferred
4%
5%
Corp of Canada 6% 1st pfd—100
6% non-cum part 2nd preferred.—50
Provincial Transport Co—
*
8
49%
—
Power
United
10
—
com....*
./"Preferred
Sarnia
700
20%
25%
•,
157
59c
10
21 %
9%
•
-
—
Feb
49%
Canada
Jan
4.10
——*
——.*
—;
21%
24
Canada Permanent Mortgage .—100
Jan
122
__
100
100
Packers
Canada
Jan
23
*
Feb
2.45
530
18
18
8%c
9c
20c 21 %c
11%
12
23 24%
...
Class -"B°50
Canada Foundry class A...—
Jan
v
„
Feb
1.75
15
4 %'
36c
72.620
25 %
15
4%
154
51c
10
Canada Cement common—————
Preferred
—i
..—....100
105
Feb
Jan
Jan
Feb
24%
7V4C
*
35c
U
59 VaC
81c
;
1
24
Jan
25C
Jan
76c
'
—*
Feb
2%
35,727
23
".100
Feb
43
3(4
^---24c.
common...
82%
Jan
Feb
232\
*
Class A
-
Tel
Maritime
...
Mines——
22%
Feb
3 (4
21%
*
—
—
Canada Bread
Jan
"22
100
.
—-•
Steel
Calmont Oils
Jan
40C
Jan
Jan
24%
Feb
25c
20
Jan
3'4
12
24'%
Products Ltd—.———*
Burlington
Jan
915
Jan
15%
-
—
Oil Corp———*
Ankerite Gold Mines—.—.—*
Bunker Hill Extension
Jan
3Va
21%
11c
Feb
10 'A
c
Jan
325
*
Jan
14%
—
*
Porcupine Mines, Ltd..
Building
Feb
Feb
10c
110
8%c
:; 20c
Buffalo Canadian Gold Mines.——•
Jan
500
53c
.*
Oil.—
Feb
c
—
__1
1
Dominion
Buffalo
-
25%
....*
Oil..——.—
Jan
Jan
15%
156
Columbia Power class A
•Brown
Feb
935
3%
__*
Ltd
1.88
—
American
245
235
;
Jan
50c. 59V2C
V, 1.85
2.25
52o
Ltd.—
—*•'
Light & Pwr com— *
Mines,
2%
3%
1
—■*
....
Jan
15
10 %
15
Calgary & Edmonton Corp Ltd.—*
...»
Voting
Jan
,
Kirkland Gold
Broulan
•
Freiman
Jan
232
.100
British
Jan
Jan
237%
220
Jan
16c
157
"
:
British
Jan
3%
7>.
G
3
British Columbia Packers.
Jan
2
Jan
7%
90
British
Jan
29
Jan
^0
pfd—100
A.
Jan
1,110
14
7%
Foreign Power Sec Corp Ltd.
Fraser Companies voting trust
1.50
240
Feb
21c
Jan
234
4 % ;■■■::
Bralorne
Jan
Jan
3
Brazilian Traction
'
Jan
Ltd.—
5
Ltd..—.i—-*
of Canada Ltd
'
Feb
5%
28%
Aircraft
Motor
9%
25
common.
Paper Co Ltd.
Eastern Dairies Ltd 7% cum
e'ord
:
6%
Jan
Jan
335
....20
Aircraft
Jan
2
....
Preferred
Fleet
3
Feb
29
Donnacona
Fairchild
Feb
*
Square Corp
Dominion
Jan
—*
Oilcloth & Linoleum.
Dominion
6%
15c
5
16 c
1
■
•
"B"
2'/a
Feb
Jan
6,492
6%
Cub Aircraft Corp.—70c
Dominion
4%
13c
150
240
*
Blue Ribbon Corp..
75
233
Rights
VAA2-4 Feb
3.300
.100
Mining—
Bell Telephone of Canada
Bidgood
11 Vac
67,550
14c
151
100
—
common
Mines Ltd..
Bonetal Gold Mines
15c
— -
2lc
14c
150
14c
*
Scotia
Toronto
Bread
Blue Top Brewing class B_—
50
Jan
Feb
Class B
Feb
205
9c
Jan
-
Jan
47%
6%
4%c Jan
4.15
Feb
—
6.50 Jan
15c
Jan
.
Jan
Jan
12
*
6.10
Jan
Jan
100
—5
3,420
Jan
65c
3.20
Jan
preferred..
59%c Jan
8 (4c
Feb
Consolidated Div Sec A———J
99% Jan
1,000
Exploration as Radium——I
Beattie Gold Mines Ltd
—1
Beatty Bros class "A %
—'*
Jan
6
<40
7,360
Jan
7.299
Bear
Jan
Jan
500
96
692,150
Bathurst Power & Paper class A—.—*
Class B
Jan
7
of
Base
Jan
Jan
786
220
6c
Feb
2%
Feb
99
15c
2
V
90
Jan
3.80
11
Advertising Ltd-—*
Jan
Jan
3.65
93
Alcohols Ltd common—*
Commercial
50
88
5%c
2
*
89
ll%c
100
Ltd
40
—
Bobjo
Chateau-Gai
18c
3.70
1,000
:
Jan
is'/bc
1
:
—
Products
4^1" •Feb
Jan
15c
Jan
11c
Ltd..——.....1
Mines
Montreal——100
Barkers
Jan
Jan
of
Bank
Feb
6
of
Bank
Feb
Jan
'
17%
Feb
Bankfield
Bank
Jan
65c
25
of
Bagamac Mines
43%
150
Aunor
Feb
107
Jan
Jan
V
1
•
1.10
36(4 Jan
Jan
60c
Ltd———"
Jan
7%c Jan
100
common
Preferred
Food
Jan
3%
29%
4,700
common-——*
Cassidy's
Catelli
7%
Jan
2,615
9%c
Ashley Gold Mining Corp—........1
Astoria Quebec Mines—,....;
1
Feb
Feb
105
100
Westinghouse Co
Armistice
Jan
4%
Jan
33%
—
Jan
92
Feb
126
common
preferred
cum
Canadian
10 %
Feb
495
„*
Vickers
Canadian
Feb
4%
2%
8c
Aquarius - Gold Mines
Arjon Gold Mines—
Feb
3%
Jan
110
730
-
pfd
Feb
90
Co..™..*
Power 7%
Jan
64
7%
15
5
Calgary Power Co tLd 6% pfd
9%
88
Ltd—0
Distillers of Van Ltd
American
535
2%
36
f
515
common—.—.—*
Ltd
Co.
2%
33Va
pfd..100
Anglo Canadian Oil—————.—.
Anglo-Huronian Ltd—
.*
Jan
3%
Jan
1,975 <■':
33%
100
—
Aluminum
Hiyti
Low
2%
31%
•'
Range since January 1
Shares
High
High
2%
32
....
....
Aluminium
Range since January 1
Low
High
Shares
..
•
Co—
Copper
Steel Products.——
Algoma
for Week
8c
Oil
Ajax Oil & Gas—
Sales
Sale Price
'
Abltibl Power & Paper common™
7%
Week's
Last
*
Gas &
Low
,_*
100
common—
Aiaermac
Friday
STOCKS—
Abltlbi Power & Paper
6% preferred
-:\
of Prices
Par
Montreal Carb Market
Sales
Week's
Range
Last
Canadian
Exchange
Funds
Feb. 5 to Feb. 11 both Inclusive, compiled from official sales lists
STOCKS—
■
5c
69c
1
...
Low
300
1.57
4%c
47 %c
Range since January 1
High
1.57
1
Feb
85
19
Mines
Gold
Sladen-Malartic
Feb
Feb
1,397
500
175
7
67
V
118 '
Mines Ltd..
Shares
Feb
52
Jan
50
103
50
18
Law
Teck Hughes Gold Mines Ltd—...——1
Waite Amulet Mines Ltd
——1
65
/
for Week
of Prices
Par
High
11
25
40
52
85
103
■
,
*
>•
common
/
—
—*
——.100:
Mfg preferred
Zellers Ltd
52
85
103
—
common
u;
4
::
5%
,.
,
—
*
Preferred
v■:
*
—,
.——100
—
Winnipeg Electric
Woods
—
common—■—...*—
preferred
11%
.4
5%
*
common-u^..-..„;
69%
11%
Low
•/.
470
280
250
87
518
50
20
63%
69%
;
■
11.%
*
-
_
10%
63
;:w
*
—:
/•'' /v
;
11%
10
10
-
-
common
High
Sales
Range
Sale Price
STOCKS—
Range since January 1
Shares
11%
:
common———*
25
—-
—-
Brothers
United
Viau
Canada
of
Preferred
Tooke
.v.—.-
.
Week's
Last
for Week
Range
of Prices
Par Vivy-A, Low
1
Simon
Steel
:
■
Friday
"Sales
,
■
Sale Price
STOCKS—
■>
1st
class B——
Stores
__
23
3,800
3c
3c
1,000
34'4
26%
35 Va
27Va
160
55
155
51%
22 %
nv„
10%
51%
23
7%
10%
422
94
50
485
5
10c
Jan
Jan
2%c Jan
34%
Feb
26%
Feb
155
Jan
5% Jan
18c
4c
37
29%
162
Jan
Jan
Jan
Jan
Jan
51%
Feb
51%
Feb
22
Jan
23
Jan
875
7%
Feb
850
9Va
Jan
8%
11
Jan
Feb
THE COMMERCIAL &
670
LISTED MARKETS
CANADIAN
Week's
Last
Range
of Prices
Sale Price
■V-Vy.'yV.;--.
Par
'•>'
Chemical common—*
———-100
Woollens & Worsted com—*
Dominion Tar &
Preferred
Dominion
■—20
B
Class
9%c
22
1
common——*
'
preferred
preferred
Goldale Mine
28%
29%
4%
4 Ve
50
Preferred
8%
25
94%
95
6c
17C
17c
2,000
15c
3%c
6,500
2%c
79,800
9'Ac
3,500
1%C
86%
155
5c
7.000
7c
500
,'5
5%
549
21
22
7c •v:
'
22
Jan
Jan
5c
Jan
12
.
17c
24
8c
8c
8c
Jan ;
3%c
Jan
20c
Jan
Jan
,1.10
1.06
5'A
30
15%
2%
4%c
iiy2C
11%
810
3.45
3.65
4%c
1,000
11%
'•
29 c
27 %c
28%
29
UV4
.—
,
11%
'
Inglis (John) Co
Inspiration Mining
12%
3.65
Feb
4%c Feb
Jan
International
75
168
Feb
International
Nickel
Cons
55c
3.300
53 c
Feb
19%
1,240
15
Jan
30
175
Jellicoe
J
M
Mining
Mines
Mines—
—
6c
4'Ap
2.000
3c
Trusts
Feb
Toronto Mortgage Co
Jan
Towagmac Exploration——
Jan
2
Consol—
26,270
23c
Class
Class A
5%c
6c
5,100
3c
Keri-Addison
3'/«C
8,500
1%C
9.40
9.90
8,260
9.05
1.06
1
_
1.05
1.13
46.175
12C
500
__
..
90c
200
16%
16 y4
75
45C
58c
66c
21%
Lake
Shore
Jan
United Corp class
Jan
Feb
10
;f.
Secord
Laura
Lebel
_
\i
...
1.17
12c
Gas
15%
502
14%
750
5.95
Class
B
14
Candy
14
Feb
United
Jan
Oils
Long Lac Gold Mines Ltd—
Loblaw Groceterias class A—-—
Little
Vermilata
—
14%
Jan
Waite-Amulefc
Jan
6'/2c
Jan
1.27
Jan
Jan
1.24
Jan
90c
Maple
Mines
Eastern
&
Milling
Leaf
Preferred
Worts
&
3.95
Feb
2.26
Feb
Jan
1.60
Jan
2.04
Preferred
McDougal
—100
•
3.35
3.75
Jan
Winnipeg
3.65
15,875
214C
28,500
1%C Jan
6'% jan
3c
Jan
7
Jan
•
Ltd
Preferred
185
2,725
5c
Jan
8c
Jan
Wood
7%
Feb
9 Ve
Jan
19%
Jan
21"
7c
Mines.——.5
58%
58%
1
1.41
1.41
1
4'Ac
70 '
.1,000
v
8%
Jan
103%
7c
-
105
Feb
Feb
y 57%
10,000
1.40
Jan
5c
24,000
3%c
Jan
7c
61
V
Jan
245
1.45,
7c
•
Jan
59 >/2
.,
Lake
Red
Gold
McLellan
McVittie
Mines—
Gold
Gas.—-—
Oils
—
Preferred
Knitting preferred.———100
Moneta
Porcupine
Monre
&
common
Grocers
-
Ltd
Co
Preferred
A
—
.
Mines
•
Noranda Mines
Norinetal
Mining
Corp
Canada
-
Mines
Gold
Mines.
22c
22c
21c
Feb
22c
16%
Jan
16%
100
—
footnotes
see
page
m
82
82
671.
•
20
37c
41c
5,700
21%
21%
135
100
5
50
1.75
11'
*
*
10%
28
27%
•
Feb
19
46%
Jan
2.15
A; 82
2,514
9%
27%
44c
,
•
Feb
50
11
Feb
,
Consolidated
Feb
Jan
21%
Feb
25c
Jan
26C
Jan
80
81
35
75
Jan
83
Jan
84%
85
45
79 %
Jan
85
Feb
12
12'A
12
Jan
51
S 1.683
48%
Jan
51%
Jan
Foothills
2,700
4 %c
Jan
11 %c
Jan
Humberstone Shoe
II,700
4%c
Jan
14c
Jan
Langley's
Jan
87c
Feb
69c
Feb
Oil
Feb
Ontario
1,800
62c
62c
800
♦60c
1.30
1.30
100
1.20
1.31
deHavilland
15%
Disher
Jan
■
69c
2.80
1.30
Jan
"
Jan
13
Jan
16
Jan
Feb
107
,
Jan
15
104
Jan
104
12 %c
13 %c
32.900
■
4c
Jan
17C
6%
7'/a
611
6'A
Jan
67
64'A
67
240
60%
Jan
.69
90
90
20
90
Feb
90
3.20
3.15
3.20
2,655
6% "
5
4c
4c
3,000
7%
200
33
33
$1,000
2.95
7%
Jan
Feb
Feb
3.50
Jan
Jan
Jan
Jan
3%c Jan
6%
4%C Jan
7%
Jan
Feb
Feb
33
Feb
33
Exchange-Curb Section
Funds
compiled from official sales lists
Par
Sales
Week's
•
Range
% for Week
of PriceS
Low
Shares
Range, since January 1
Low
High
High
'
2%
2 '/a
300
_*
6%
6%
3,425
1.85
Jan
2%
Jan
5V4
Jan
6%
Jan
1.78
70c
*
-
35c
38c
.
1,200,
Jan
3
50
3
Feb
16
105
12%
Feb
18
Jan
r*
26
26
15
24%
Jan
27
Jan
„•
1.35
1.45
1.20
Jan
-
Co—
Oil & Gas.
:—•
:
preferred
Selections
common-—-
i—4—1'
14
Jan
2J
Feb
3V«c
Jen
8,500
.1*
5c
5c
4
1.00
1.00
5
45
45
80
24c
30c
13,500
Jan
53c
Jan
Pend
Jan
8%
Feb
Temiskaming
Oreille
Mines
& Metals
Mining
ii
—1
Feb
5
100
—-1
Osisko Lake Mines
3
20
100
100
——
Silknit
Feb
Feb
3
12%
Dominion Bridge
Jan
38c
31V2C Jan
*
Construction pfd—®
Feb
63c
6%
;
Corp
Aircraft
Steel
26c
•
61
5
95
16
104
1
Oil
Feb
Jan
Preferred
525
..
; \
970
15%
..
Sale Price
Jan
75C
2,100
81
7 Ve
Co
Paper
9'/aC
Dalhousie
8%c
20
Jan
90.714
4.85 Jan
4.50. Jan
2,499
4.75
Feb
22c
20%
•
■
8%C
Jan
Jan
Jan
65c
4.55
Canadian
Marconi
Jan
1.89
?8c
Jan
Feb
57%
—_*
'
49%
8C
18
59 V2C
8 Va
7.00
590
STOCKS—
-
ny2c 12 y2c
65c
Jan
Jan
15%c
26,200
Jan
Jan
1,900
29c
22C
1
Jan
28'A
12,815
7%
15%C
Jan
4%
2.48
6.00
2.015
Last
Feb
V 1.95
Jan.
65c
80c
6.60
7c
Jan
175
Jan.
22'A
Feb
2.75
8 >4
6.40
Jan
3%
100
22,450
Friday
-
Jan
1
6c
Feb
1.99 Jan
1,000
6'Ac
37B
Feb. 5 to Feb. I I both inclusive,
Canadian
30,375
Feb
5 Va
1,200
Feb
:/
Jan
13%
1.60
38
Jan
25%c 25'AC
Feb
2.55
1.45
Feb
Jan
5
59
Toronto Stock
Feb
6iy2c
1.57
15
Feb
100
/
Jan
480
77c'
Jan
Feb
Jan
61'Ac
2.60
75c
Jan
Feb
12
32%
2.29
33
100
__
Jan
25
21%
6s '—
Uchi
3,000
51
55
27%
0% Jan
?
<
BONDS-
Jan
8c
8'Ac
195
%
445
Feb
20
ll'Ac
38
5 Vs
:
3%
13c
Gold Mines
,28
15%
1.033
Mills common
Feb
Jan
1.70
York Knitting
8c
15
100
15
Jan
19%
—:
26
:
Alexander & James preferred.100
20
15'A
,
6%
Feb
Jan
58
—
840
1
®
11
6%
Jan
15%
52c
Feb
21
1
Jan
37c
:.v. 40
V
Feb /
74%
989
1.75
*
i.
.
100
49%
«
Mines
18V2c Jan
70
U«
*
—_J
Orange Crush preferred.—
For
Jan
—*
—
Oils
Omega
3,290
1.85
•
Ltd
Star Oil common—
Okalla
2.00
^1
:
Northern
Gold
1.95
*
*
-
Norgold Mines
O'Brien
46c
—
1
—5
-
Mines
Nordon Oil
North
Jan
:•//•:' 40c
—-25c
National Steel Car
Nipissing
19%c
—
National Sewer Pipe class A—
Negus
526,350
common—*
20
Petroleum
National
8
46c
*
Power—
Muirheads Cafeterias common—-
National
Jan
35c
1
—
Light Heat
Corp
6
45c
16%
500
Feb
Jan
2,800
:50
—
Jan
24c
3,000
8
500
15%
45c
34
50c
15%
'
Feb
21c
;■
Jan
15'A
Feb
91
Jan
12%
Feb
Jan
10'Ac
9%C
1
Moneta
Montreal
1.56
8
*
88%
14
5%c Jan
20c
—100
——
—
y4 c
8%c
21c
;■
common——-——®
Containers
Modern
4
1.98
*
:
&
A/://_A
*
——
of Canada
Corp
Model
1
Mine?.
Mercury Mills
Mid-Continental Oil
Mining
L_;
Mines
Graham
McWatters
Mines—
12
19'Ac Jan
58
'
•
McKenzie
Feb
116
Feb
85
Jan
Jan
14
91
50c
16
Wrlght-Hargreaves Mines
333
Exploration—;
Segur
Mclntyre Porcupine
80
15C
2.18
104
—
6%
v
:
4.55
Electric common
•
——-i.—-100
Preferred
6'Ac
70
Jan
90
"
-—-100
;
——
6c
105
LIS Jan:
Jan
v
21
37
6%
•
common-
6%
103 Via
J an,
1.1
Jan
Jan
15'A
—*
Wiltsey-Coghlan Mines
3.40
105
Jan
Feb
Jan
1;% C
485
8%
Jan
16
Feb
91
_*
common.—
2.55
3.45
8%
Jan
15%
——_1
Wendigo Gold Mines
Jan
3.40
l%c
7%
Feb
2.47
21%
Westons
s
83 %
*
*
5,260
^
Feb
85
25
15 %C
3.80
*
common
Feb
—•
com
———
Ymir Yankee Girl
Fronte'nac
McColl
.
Jan
20C
1.80
92c
6.50:
1
3.70
I,375
Jan
2.29
Jan
Jan
15
1,825
14
6'Ac
3.75
8%
Jan
2.00 Jan
3%
Grocers
20%
Jan
71
83%
2.22
—
Canada Flour Mills pfd—100
20
85
85
14
*
:
Western
7%
64 Va
Jan
1.60 Jan
5'/e
50
Western
20'A
6%'
Jan
18c
1,000
39,424
25
Jan
—20
Preferred
19c
•
Feb
Jan
2.04
9,450
2.20
14%
Jan
6%
50
15%
23%
*
common.—
5%
68%
108
70
Hi
Jan
Jan
63
125
;
64
15'Ac 15 %c
50c
22%
Mines
————1" 6c
Massey-'Harris common
*
8%
4
.'
1.05 Feb
Jan
Maralgo
Jan
3.85
Jan
—1
*
Fields-
Gold
Malartic
Manitoba
Feb '
19
Feb
22%
28,283
J*n
81c
Jan
Jan
22 Ve
29,300
4%c
Jan
19
1.05
185
2.43
Jan
65c
3.25
120
2.00
3V2c
100
22%
1.85
Jap"/
140
23 y2
2.26
22
7,360
22%
1.85
Jan
1.05
23%
2.37
20%
3.60
23'%
1
15
15%
—
Wnlker-Gooderham
Feb
Mines
Gold
Lake
Red
21%
Feb
3.50
—•
Western Steel Products
Madsen
Jan
15%
Mines. Ltd-—-.
Feb
2c
MacLeod-CocKshutt Gold Mines
77c
10
*
—1
1.15
I
1
Ltd
Mines,
Macassa
Jan
900
Oils
13%
11,825
62c
2.33
Ventures, Ltd.
Jan
10,500
1.09
20,160
83 V&
22%
■
•
*
Class B
1.03
66c,: Jan * '<
Jan
13,350
1.20
1.05
*
1.15
Feb
1.70
;
—
—
11%C
Jan A
655
4'/4c
1.16
Ltd—
Mines,
45c
W
2.28
._50
1
*
'
Gold
71.360
19c
—_——25
United Steel
6.45
6'Ac
14 y4
4c
"
4c
Oro Mines
Leitch
16
83 Va
"A"—
class
17%
9,000
9c
^an
Jan
69c
2.15
———
—
Jan
Jan
8 Vet
9c
Jan
13
8,80
Jan
Jan
6.35
Feb
1.06
79c
9.50
,.69%.
A—*
;
:
®
Class B
95c
Jan
15%
_
Mines—
Cadillac Gold
Lapa
ni'
*
Mines
80c
8,200
Jan
6c
•
Feb
Feb
63
Co__cL———————V.
4c
Jan
6.30
1
Ltd
Mines,
Gold
Lamaque
90C
:
Jan
1
Upper Canada Mines Ltd
85c
90c.
1
Lake Dufault Mines Ltd
2%c Jan
Jan
Jan
16
1.80
—
Transcontinental Resources
Union
7%c
Jan
10 %c
V
:i:
8.95
9.00
———
Feb
Jan
50C
Jan
6'Ac
Jan
12c
Mines
Gold
Lake
Kirkland
Kirkland Townsite
70c
—
rights-
United Fuel
%
1
6,531
preferred.——y-^-.106
A
38c
5%c Jan
9.30
Jan
6c
Jan
1
—
75c
class B—
Traders Finance
Jan
Jan
Feb
38c
_I
—,
.
70c
10
23%
,.
Jan
5c
4,000
6c
3c
32c
Co.
——
Mines
Jan
98c
1
100
General
23
Feb;
1
Waite
Jack
Jason
33
2,000
Feb
3.95
Jan
15
Feb
15
43VaC Jan
4,200
—
Class B rights.-;—
Jacola
3.50
Jan
5c
Jan
Jan
;v/31
Jan
20%
23
Jan
Jan
Jan
5c
—
19%
110
Feb
29
2,634
100
200
Texas
61c
.
•
Jan
108%
4,298
23
3c
14%
4,000
•
10
Toronto
21 %
14%
88
Jan
23
4%c
1.00
7%
21%
4c
21
200
Feb
14%
:
Jan
199
10
Jan
29%
20
15
88
6'/a
2iy2
101
1.00
300
29%
21
200
1.02
__1—
Toburn
•
21
Jan
Feb
139
Jan:
200
Corp....—100
Feb
*
134%
5
Feb
7%
*
101
15%
Oil
Canadian
Jan
11%
A
class
8,800
139
Tip Top Tailors common———*
Gold Mines
——1
14%
Jan
common
Utilities
9VaC
1.05
Jan
Petroleum
International
International
11c
8c
;
Jan
6c
Feb
4c
Tamblyn Ltd common—
Teck-Hughes Gold Mines
Jan
V
Jan
8c
fe b
7 Ve
10
4VaC
138
15
Jan
3,000
1.00
Sylvanite Gold Mines. Ltd—^—
13%
109
33
5V2C
Jan
35
Jan
30
—*
l
Supersilk. preferred
Pfcb
10-%
109
33
5c
63c
11'/a C Jan
1
Sullivan
Jan
175
preferred.100
Vi
Milling
54,765
.
.
100
Jan
30 V2
,
806
53C
46c
2,468
Mines
33c
f 11%
J
''3,164
18%
38c
Mining.....—__.1
Feb
7%
y2:
Jan
40c
Iron Mines
Feb
11%
53c
1.25
—*
Jan
i4y8
la
Jan
75c
——1
11
7%
-I
52,415
50c
27c
10%
A——*
1.20
—————.——25
j,
— *
Preferred
Steep Rock
13%
common
99c
Canada common——-*
Sturgeon River Gold
14
Dredge—-.
&
Jan
1.10
115
7 '/4
———-———6
:
Metals
International
Jan
9.50
2%
11%
v
2.75
Jan
Radio
Co of
*
-,.—5
7y4
Jan
9.00
6%
Jan
Jan
7
2.32
515
'
6
Steel
72
:
11,000
9.00
2%
Standard
162
7
2.68
9.00
10
Standard
2
•'•;•
7%
2.60
3,700
Jan
Feb
7%
2.66
27,983
Feb
7%
.■yw'A.v
12,100
—
Feb
1.09 Jan
Jan
19
Jan
42
,
6%
4c
I
Tobacco ordinary—.
Preferred
310
81c
12%
75
•
Jan
1.29
Feb
i
Jan
96C
2,300
.
19
62c
168
75
1.00
4c
5%c
165
.
98c
1.00
Springer Sturgeon —
Standard Chemical
Feb
165
--:•:
Jan
74c
South
Feb
3%
Jan
.——100
Canada—_——-100
6%
—1
28%
•
25
25
•
—1—*
Paving common.. ——...—®
Jan
16
3.30 Jan
245
-
7
7
—'—*
(N)
Jan
3'Ac
3,550
■
29
11%
-
Jan
Co Ltd.——
Slater
Jan
11%
3,591
4%c
3.50
•'■■■'
1.25
Jan
■
11%
500
30,300
!_1
.-1
—20
4'/2c
47,091
55c
—
Jan
36.530
1.52
46c
Mines—
Malartic
41c
2,000
62c
4%c
61c
•'
7%
1.G5
1.32
End Petroleum—
Jan
■
Jan
1.06
15,695
Feb
1.43
1.50
3.80
Mines—
Gold
Jan
6;
Jan
1.14 >:
Feb
1.52
1.60
3.65
Mines——
Gold
Mines —
Simpsons Ltd class B
4V8C
Feb
25
11 %c 11 %c
:>.-
—1
Oils :y_—_;——
*
Hollinger Consolidated Gold Mines
5
Home Oil——
——1*
Homestead Oil & Gas
—-——1
Howey Gold Mines—
-1
Hudson Bay Mining & Smelting
*
Hunts Ltd class B.
—_—*
330
5%
1.65
1
•
Sigma
Sladen
Jan
3%
3 %
Jan
1.26
•43'/a c
Senator Rouyn, Ltd
9 '.a c
Jan
15%"
15 %
uj'
3%
2,47
:
;——1
Ltd-
Sherritt-Gordon
7 %■ Jan
.
Feb
:. 5 y4-
5%
'
Mines.-——————-1
6c
27/sC
21,700
2.26
Jan
50
Shawinigan Water & Power
Shawkey Gold Mining
Sheep Creek Gold Mines
Feb
12
17C
4,000
3%c
Jan
2.25
1
:
class A—
Feb
11
6%
Gold Mines
Jan
Jan
6%
36
Jan
1.84
750
—1
Royal Bank of Canada————100
Royalite Oil Co
———*
:Russell Industries preferred
——100
San Antonio Gold Mines
Jan
Jan
5,175
'
Roche Long Lac——
Jan
Jan
Jan,
2.47
100
—1
;
6%
Jan
4%
,1.15
Feb
98c
Feb
125
Feb
.123
,
4% Feb
2.15
1
*
—.
Gold Mines
Feb
36
Jan
Jan
1
;
Real Estate Loan
St Lawrence Corp
Jan
7 Vhc
43c
.
Gold Mines—
Quemont Mining Co
——
Siscoe
3%o
C—
Queenston
St Anthony
22%
Jan
Jan
2.05
; vvy/•(V/Ay'-A■'/
Feb
Jan
Feb
10c
Jan
7c
3'/2c
2.41
1
Jan
v.;
1.45 Jan
;
2.15
Proprietary Mines ——-——*
Reno
Jan
2.45
1
5%c
19'/2
5%
55
7
6%
.
Jan
Jan
28c
10
125
4%
:
•;
Jan
90
'
7
2,300
Mines—
Dome
7'/i>C
;
2,300
1.03
125
*
-1
Jan
20%
50
100
1.00
—_—
Jan
5
35
4%
1.03
.
3%c
155
19c
12
:!
Feb
84%
;> 5/.,
36
■
44,780
47c
•98%
•:
1
6 3,4 c
"
122
6%
36
18c
/
22
22
6%
6%
Highwood-Scarcee
Imperial
5c
Jan
4'/4c
Jan
15c
Jan
3c
%C Jan
18 %c
/
Jan
15c
84%
i
,
4%c
12c
,
86%
.v
22
;
Jan;
2%C
———————30
& Erie Mtge——
Jan
Jan
Jan
United Theatres common—1
Hard Rock Gold Mines——.
1
Imperial Bank of
Imperial Oil
5c
3%c
18 %c
14% by
37c
Jan
4,500
1
1
Mines
7%c
5c ':■> Jan
6,605
Hamilton
Gold
Jan
•;v
Hamilton Bridge
Cotton
Feb
12%
5c
-—-—--50
Greening Wire' Co
'
—*•.
Gunnar Gold Mines Ltd——
1
Gypsum Lime & Alabastine
—*
Hamilton
95
Jan
19c 197/aC
■
35C
America.—
Pressed Metals of
Jan
Feb
19%C
—*
Mines——
Jan
9%
'
—*
—-——r-—*
Halliwell Gold Mines———
Jan
11
3,000
V.-'-'v" 4c
36 %c
Premier Gold Mining Co
94%
220
Preferred
Halcrow Swayze
Voting
Jan
90
Jan
1,500
34,000
Gold———I
Rouyn
Jan
46c
Feb
84
50
12 Vs
5%c
com.;-—*
common—
'•
trust —Power Corporation
7C
25
Jan;//'
8%
397
t c_——:
v
—
West Saddlery
33c
5,500
86%
Lakes
Preferred
Jan
40c
Jan
88
Jan
77
Jan
85
Mines
———-—
Paper common v t c_
*
Grandoro
Powell
23%
8%
----£
—
Jan
4'/2C
11%
——J
—
5%
904
39c
——
& Rubber Co
Bousquet Gold
Jan
9%c
57/eC
Mines
Mines of B
Pioneer Gold
10,100
24
Gold
Feb
4
—:
Mines—-—
Pickle-Crow
29%
150
Y.
23%
preferred
:
Securities
Gold
Perron
Feb
Jan
28%
6%c
66
,
Ltd
Credit
Jan
3.90
25
Feb
25
82
80
8%
——
Mining
Goodfish
■
3%
,
Jan
3.40
945
———
Goodyear Tire
Huron
Peoples
86'/a
Gate
Hasaga
Penmans
Feb
Jan
Preston" East
Mines——————1
Mining—
1
Gold Eagle
Harker
Jan
22
Jan:/
2 Va
10
39c
Lake-Porcupine Gold-——1
Gold Mines——„———1
Lake Mines Ltd
—
—*
Great
19%
365
6%C
Glenora
Great
30
60 v:
2,750
1.35
1.30
8 %C
4 Va C
Feb
78c
Feb
1.29
1.33
Mines
Gold
Jan
95
120
:X 5C
...1
1
Mines.
Gold
97
—1
.100
—*
Paymaster Cons Mines Ltd—
25
<?!!
5%c/c
General Steel Wares
Graham
Jan
3.50
23%
common——
Power
Gatineau
Golden
1.66
1.99
'22
80
Kirkland Mining——
*
Ford Co of Canada class A———"
Francoeur Gold Mines
■—
,
God's
9,610
Jan
25
•-
Preferred
Gillies
Cadillac
3.45
'
Federal
5%
Porcupine
Partanen
3%
95
4V2c Jan
Jan
42c
6,200
*.
High
Jan -
68c
11,880 V
78c
47c
—1
Pamour
Jan
Malartic
12,625
65C
97
*
Ltd—
Mines
Jan
12'/2c
9c
3c
45c
78c
.
14y2c
29%
Candy Shops-—-.
Farmer
Fanny
Federal Grain class A
—
Jan
25
—_—~
Feb
14%
_—
Petroleum
9%c Jan
7,000
1.94
1.83
7
Players
—*
—————1
Fage-Hersey Tubes
•
—-
Pacific Oil & Refining.
Pacific
4c
3%c
Pacalta Oils
Feb
January 1
i
Low
High
Low
_—---*
Jan
4%'
Range Sin
Shares
of Prices
1 '0/' APar
10,100
10c
3%
Nickel Mines——
•:
Pandora
-*
Canada A
'106
Jan
11
710
—
Falconbridge
Famous
14%
:
12c v-14c;
1,94
—l
Malartic Mines
Eastern
13%
9%c
*
English Electric Co of
Jan
:
Sale Price
Jan
8%
Jan
Feb
4
4%
i,
12 %c
Oil—
Crest
East
7%
104%
: 183
"
Co———1
Mining
255
8 %
•
4
4%
14%
Preferred
Duquesne
''
106; ;:/■// 150
8%
104%'
—
STOCKSf-y
y
High
Low
High
Loio
'
1
Range Since January
Shares
for Week
Range
Last
for Week
Sales
Week's
Friday
Sales
Friday
STOCKS-
Monday, February 14, 1944
FINANCIAL CHRONICLE
1.40
1.45
1,500
8%c
9%c
4,500
1.00
45
15c
1.40
8c
Feb
:■
1.45
15
21
Jan
Feb
Jan
5c
Feb
1.00
Feb
Feb
45
Feb
Jan
49c
Jan
Feb
Jan
1.65
10c
Jan
Jan
'
Volume
THE COMMERCIAL & FINANCIAL
Number 4255
159
CHRONICLE
over-th e-cou nter markets
V.-
"
Quotations for Friday, Feb.
11.
Investing Companies
Bid
'ft'7 ' %,ft;%Par
Aeronautical Securities
1
Par
Ask
Keystone Custodian
6.95
6.35
Series
3.59
X3.28
IV«
10
Affiliated Fund Inc
AAmerex Holding Corp
;
-.
ft
B-l
—
B-2
3.63
Series
Foreign Investlng_10c
Stand Oil Shares
2
13.34
14.47
Scries
B-4
5%
6%
Series
1
13.30
14.30
Series
Bankers
.
20.86
10.86
17.60
Members New York Stock Exchange
Members New York Curb Exchange
—
18.05
Industry
Bond
Inv
of
Tr
4%
—5
10
preferred
Shares
A6%
Basic
Series
■V
S-3
Series
5'A
3.64
6.31
*
88.59
90.40
10
37.73
38.50
——
16.43
17.67
Loomls Sayles
26.69
28.85
Loomis
--1
14.59
16.00
Manhattan Bond
1
x3.05
3.65
Century Shares Trust——.—•
Chemical Fund-—.—ft---—1
27.07
29.11
Maryland Fund Iric
9.39
10.16
Mass
Investors
Trust—
Mass
Investors
2d
Inc
Ltd
Fund
Bullock
Fund
Inv
Canadian
Ltd
Mut Fund
Sayles Sec
Fund—
8.67
10c
ft
X4.59
4.34
ft 20.43
9.99
10.74
1
Commonwealth Invest--—
37%
Trust——1
Corporate Trust Shares———1
Consol Investment
(Colo)
39%
10.29
10
Inc
•
shares
series B
11.36
•
Series AA
2.15
2.15
National Security Series-
1
series——-—_1
Series AA mod
:—1
Series ACC mod
—1
ACrum & Forster common—10
2.59
ft
1.19
28
30
100
•
Fund-——————1
A7%
X4.54
preferred
:
Cumulative Trust Shares
Delaware
:
19.48
18.02
Agriculture
3.50
1
5.35
Dividend Shares-
6.10
1.17
2.50
25c
7ft D
Bank
1.29
—
—1
X12.23
.
.
28.72
34
■
19.33
17.95
i.72:.
X5.22 1
1.89
5.81
3.55
r ■
•
1
23.24
4.56
North Amer Bond Trust
"4.10
21.21
528
North
Trust
Amer
10.51
5.79
5.58
5.18
16
National
59
61%
10
36%
39%
National
25
49
Fund
6.38
7.06
6.42
5.41
5.81
•
6.39
6.60
7.26
Scudder, Stevens & 'Clark
Fund, Inc———
5.51
6.07
Selected Amer Shares—
2 Va
x9,23
8.64
9.50
Selected Income Shares
—1
5.12
6.78
7.46
Spencer Trask Fund—.
7.73
8.50
Industrial Machinery shares-
6.23
6.85
State. St Investment Corp
Super Corp of Amer AA
Investing -ft--
5.52
6.08
5.77
47%
—2.50
21%
22%
44 %
Northeastern
38
40%
Northern
Fire—
Pacific
Indemnity Co— —.10.
River
46
...
.5
12.50
—
Phoenix
60%
Fire
Fire
107%
102%
47
49%
81%
85%
.5
64%
15%
16%
10
34aa
36%
2
4%
Providence-Washington
80
84
Reinsurance
13%
14%
Republic
24
26
Revere
44%
47%
Corp
(NY)—.
(Texas)
(Paul)
61
—10^-26
—
Fire—
a
24%
17%
19%
St Paul Fire & Marine...
Seaboard Surety
10
46 %
48%
5
41 Va
44
10%
Security New Haven...._!
Springfield Fire & Marine
10
34%
36s,a
25
121%
10
62%
...5
9
16%
Travelers
28%
27 Va
IT S
10
26 Va
25%
62 %
Standard Accident.
70%
Rutgers Fire Ins. com.
15%
preferred
———66%
&
American*
5
—
:
28%
22%
10
10
—5
Marine.
&
5%
91
x89%
....10
Preferred Accident
5
10
Newark—
14%
7,5
..25
5
of
Hanover
,
v
.
10
96 %
100%
Hartford Steamboiler Inspect._10
44%
47%
Home
Trustee Stand Invest Shs—
5.24
30%
45
12%
Fire
26%
—100
—*
U S
127
65%..
4.89
Fidelity & Guaranty Co..2
U S Fire...
2.94
2.84
5.04
39%
41 Va
44%
4
47 % '
Guarantee.:
10
67
72
Westchester Fire
2.50
29 Va
31%
,,.1973
104%
28% ■-
Fire
5
——
3.93
4.65
28
5
North
1.48
28%
10
19V-t
1.42
7%
26 Va
2
10
York
20
Great
6.83
Casually
55%
188
178
20
New
33 Va
61%
2nd
3.54
Fire
•
New Hampshire Fire
57%
Globe
6.21
6%
New Brunswick
42%
Glens Falls Fire—.
Globe & Republic
.....
14.37
52Va
24%
21%
2
22%
31
5%
iu
...
42 %
5
7% ;
(Detroit)..10
17%
.
:
6%
4
21%
10
General Reinsurance Corp
3.22
Quarterly Inc Shares——10o
Republic Invest Fund--.
1
5.96
5.50
67%>
48%
5Va
Casualty
Amsterdam
10
Franklin
54
13.36
1
86%
5.25:
New
10
X2.19
10c
_10
*
«
Pacific
Firemen's
X2.60
Plymouth Fund Inc
81%
5
Fire Assn of Phila—————10
X2.51
1
(Geo)
Fire
7
Fireman's Fd of San Fran
xl.99
_1
x6
9%
8%
64
45 %
Fire
Union
9
...5
Y
N
National Liberty
Hartford
shares—.——-ft
shares——
Automobile
National
14%'
25
Fidelity & Deposit of Md
Group Securities—
Agricultural
54%
10
Surety
;
43% :
12 Va
Ins
Reserve
—2*/a
7%
1
Fire
Fire
Re-Insurance
Gibraltar
1958
Putnam
51%
Mfrs
&
Federal
.40 A
ctfs
—1
Series
10
x40%
;
....
Casualty
Monarch
Employees Group
„—:
Employers Reinsurance
shares
Series 1956
33.83
Merch
15%
Continental Casualty
7.43
Series 1955
4.19
31.46
12%
Connecticut General Life
5.55
6.75
1953—•
Series
6.49
5.03
— „
Steel ■;—AlA-AA- ftft-ftftft-:ft—_—„
■
8.37
9.56
.
Railroad equipment
9.33
.
10.40
5.89
Gils
8 39
7.61
.
11%
14%
79%
5
Y
N
15%
77 %
20
Massachusetts Bonding
Merchant Fire Assur.
2%
City of New York—
7.36
9.46
——
Railroad
•
19%
Fidelity & Casualty_5
Camden
8.71
7.63
—
—
Metals
Maryland
12%
Boston——————100
9.92
7.92
-
stock—
Machinery.
%
,
6.69
—
■
equipment
Insurance
13.13
30.88
X32 %
—
Capital Corp
General Investors Trust—
General
22.11
X20.59
I
Balanced Fund
Equitable Invest Corp (Mass)-9
Equity Cofp $3 conv pfd—1
Fidelity Fund Inc
_—•
Financial Industrial Fund, Inc.
First Mutual Trust Fund—9
Fixed Trust Shares A
10
Foundation Trust Shares A—I
Fundamental Invest Inc.:
2
Fundamental Trust Shares A__2
B
*
6.42
9.61
9.02
;
Electrical
23%
11%
17%
Bankers & Shippers
10.62
5.83
8.74
Building supply—
Eaton* & Howard-rr
21%
5
American
12.88
9.66
-
stock—--
Chemical
74
Baltimore American
.
Jersey Insurance of
Knickerbocker
37
70%
13%
10
America
35%
Equitable..*
Automobile
—
Insur Co of North
American
Inc—
—.
Automobile
54
10
Alliance
10
...
American
7.13
11.95
1
.
' Fire
Ask
Bid
Par
Homestead
10
American of'Newark
7.34
.
.
25
;
—
American
4.94
6.64
Aviation
C
Fund-
Fund
York Stocks
New
Diversified Trustee Shares—
Stock
England
New
1.12
51%
American
7.55
4.47
X6.48
Preferred stock series
shares—-——10
B
A Common
—_.—
Low priced bond series—
& Forster Insurance—
Crum
3.23
6.87
•
series—
American
7;34
2.85
10
Ask
142%
139%
American Casualty—.
A—ftft.—
series
Income
28
6.79
:(
priced stock common...'.
ft ft Bond
2.59
x26
100
preferred-—
A8%
Low
10
Life—
Agricultural
1.35
1.22
voting shares—
!.25c
National Investors Corp——1
Accumulative
Aetna
3.50
.
(Md>
2.32
Sid
Pat
Aetna Casual & Surety
Aetna
Securities—
Natlon-Wide
4.99
Bell Teletype NY 1-953
,
Companies
21.97
1
Insurance
4.73
1
Fund
Fund
Invest
Mutual
148
143
—100
'
DIgby 4-4950
9.53
loc
'
Preferred
Tel:
Fund Inc—
Common
* > 2. 360
com—100 2,260
Securities
Christiana
5
5
Inc.—
Fund
Boston
Broad Street Invest Co
Place, New York 5, N. Y.
4.62
5.76
......
Fund
40 Exchange
10.39
4.16
.
Knickerbocker
&
13.47
9.44
S-4
104.45
100.27
America
26.00
12.24
Series-. S-2—-ft-ft-ft———-■
19.88
23.69
.—-
———
■
4%
—1
!§§|f Shaskan
30.54
9.92
-
Series S-l
Nat Investing—
ACommon
28.98
27.85
K-2
Axe-Houghton Fund Inc
24 Va
:
Real Estate Bonis
X18.99
K-l
American
Assoc
27.65
—.
B-3
225-8
Ask
16.02
Scries
1 ftft 3.34
American Business Shares
For Quotations on
Bid
Funds—
shares
Aviation
—
Building shares—
Chemical shares—-.
Electrical Equipment
—.
Food shares.^—
Administered shares-
Fully
bond shares--.
General
-ft.
-
Low Price Shares—
A Series
6.43
4.72
5.20
Trustee Stand
5.84
6.43
ASeries A—
Railroad
3.55
3.92
ASeries B—
4.03
4.44
4.12
4.54
RR
A——-
shares
Equipment shares—
Steel shares——
shares
Tobacco
,
—
shares—-—
Utility
—
4.04
Income
1
Holding Corp—
Foundation Fund
4.42
Inc
—10c
Common
Incorporated Investors
;
5
Independence Trust Shares
•
Institutional Securities Ltd—
Aviation Group shares—
4.45
of
Co
2.19
;
■iv 3s
Stock Fund B
2.47
ft-
A_
4VsS
Iowa
80c
24.65
8:36
5.90
6.45
17.02
B
A
1
12.15
12.43
A First
.1979 i
*
3 VaS
—1973
—
2%s
Eastern
16.00
.
Blair
Co————— 1
&
Boston
Corp
2
1944
Bid
15, 1944
15.
1944
Fulton
23 %
22
396
Guaranty Trust
49%
88
93
9812
36%
46%
49 Va
20
ft
preferred—
Conv
48%
18 %
20
New York Trust
Bank & Trust_20
46%
48%
Public Nat'l Bank & Trust
73
77
Title Guarantee &
15.20
15.60
United States Trust
Corn Exchange
50
Empire Trust
.,100
Bank
National
South
Diego Gas & El 3%s_..1970
Carolina
Elec
1972
3%s
102%
102%
100%
100 %
Southern
Colo
3V2S*..1968
Texas
Util
Corp.
.
'
'
—
108
109
4%s
3VaS
102
102%
,1968
3%s
Lt
&
'
103%
104 V8
1973
102%
103
1.958
Power
Power
West
no
Gas—
&
104%
105
-
25
—_
17%
Trust
.12
100
——
1946-
1946
15,
tSep 15,
lVa%
1947
Certificates
f'/as Apr
of
b0.48
b0.48
t%s
Sept.
1,
1944
t%s Dec.
1,
1944.
tMar.
100.27
1,
1945—0.90%
1,
—*
-
0.73 %
bO.77
0.75
bO.75
1944.—.
Oct.
0.68 '■<>
b0.75
'
0.44
b0.70
—
J%s May 1,1944—
t%S Aug. 1, 1944
l%s
Ask
100.22
Indebtedness—
1944
1
Bid
100.20
0.77 %
b0.83
0.81%
0.44',;
3.10
.
219
Obligations Of Governmental Agencies
50
50%
209
34%
:,
——
100.2
100.5
100.15
100.1
100.18
100.15
99.25
100.2
%
1G
'47%
_20
100
—12%
Morgan (J P) & Co Inc
National City Bank
1945
15,
tDec
Ask
...
1945
35 % ~V 38 %
.—25
Manufactures Trust Co com—20
Bank. & Trust--10
Continental
First
45%
3.02
15
14.85
—
Lawyers'Trust
100
Commercial National Bank &.
———
San
109%
170
—100
,
387a
Chemical Bank & Trust——10
155
Irving Trust
.10
Kings County Trust——100
408
473/a
Bid
100
Trust——
1944
15,
tMar 15,
Par
Ask
Chase National Bank——13.55
Co
102
100.1
%%% 100.3
1
%
100.13
%%
99.31
aA%
100.16
VA%
100.13
%%
99.23
1
%
100
lVa%
100.25
1
...
tDec. 15, 1945
City Banks & Trust Ges.
Central Hanover Bank & Trust 20
Trust
101%
109
Figures after decimal point represent one or more 32ds of a point
Maturity—
Int. Rate
Int. Rate
Bid
Ask
25
fMar
—100
108%
109
Quotations For U. S. Treasury Notes
2%
23 Y2
—10
Mar 15,
:
106
17.59
Sep
Brooklyn Trust
107%
108%
1972
4V4S
105%
Utah
1953
Jun
10
(New Hampshire)
A
1.70
1
series
105
•J"'"
tSept.
100
3ViS
99%
Pipe Line—
debs
Mar 15,
I
Public Service
105%
99%
Ask
(Indiana)—
series E
York
Panhandle
Matnrity—
Bankers Trust
3%s_1974
&
Power
Corporations
1.12
Bank of New York
3Vis
Investment Banking
94c
24.78
Bank of the Manhattan Co.—10
Bid
Public Service
18.60
—
—
22.79
Par
1973
3V8S
16.00
-
Wellington Fund
xl.02
New York
Lt
Light 3%s„ 1973
Northern Indiana Public Service
21.54
-ft
—
105
&
Florida Power & Light
7.65
S El Lt & Pwr Shares
.1973
;
Pow
Ask
102;! 4
Puget Sound Pow & Lt—
ft 19.70
A——
-
Union Preferred Stock Fund-.—
U
102
Light 3s
I—;
_
Centraf
.
5.56
6.21
71c
23.90
25c
series
1963
Valley Gas & El—
Gas
Blackstone
:
25c
—
C
shares
America—10
Investors Fund C_
1 .»
%
Bid
Atlanta
10.95
85c
Bank Group shares
Insurance Group
Investment
1.52
21.77
9.99
>
-
B—
Series
Recent Bond Issues
14.43
2.10
•
-
Fund
Bond
Union
ft
Union
1.40
2.22
————j—„1
Trusteed Industry Shares
4.87
20.25
85.30
x2.29
—ft——1
Oil Shares--
B——.
Class
28c
16c
79.38
1
Trusteed Amer Bank Shs—
Series
A Huron
5.91
X13.54
1
D_
5.84
Merchandise shares
10.06
•
-
C_
Mining shares
Petroleum shares—ft-,
90.82
*6.52
—I
Sovereign Investors
ASeries
X89.02:
—•
-
52%
36%
88 %
92 %
34%
37%
6
6%.
14.05
14.50
v}'
%
V' v.-'''
y
0.85s
June
15,
100.8
ti%
Apr
15. 1944
4S
1946-1944
101 y
1964-1944
101
Other
101 V!
4s
3VtS
1955-1945
1955-1945
^
ft
U S Conversion
103
104%
3s
104%
1947
106 7
107%
1961
130
3s.
U S Conversion
103%
103 %
—
100,5
Issuet
109ft
103
100.3
0.75%
Federal Land Bank
3s
Ask
Reconstruction Finance Corp—
100.6
b0.90
1944.^
Bonds—
Bid
Ask
Bid
V;,
Commodity Credit Corp—
tlV8%
Feb 15,1945
Federal Home Loan Bank—
104%
3s
Jan.
1,
1956-1946
1C4
3s
May 1,
1956-1946
105
ft
ft
ft
Panama Canal 3s
105%
—
a
131%
Reorganization Rails
(When, as and'if issued)
Bonds—
.";ft
■
Bonds—
Ask
Bid
————1988
85
4V2S series B__——^1988
90
92
Inc
87
4s
series
A
'
Stocks
1st & gen mtge l-4s—__1989
2d
mtge conv inc
4y2S—_1999
;": 1st 4s_———
Conv
102%
103%
64%
65%
income
—v1994
41/2S—2019
1C 2 *
•»
103%
64%
65%
Denver
-v
&
Income
Rio
2018
1st 3-4s income-—^———1993
Minn St Paul
1st
Gen
incofbe
mtge
54
55
87%
88%
preferred
5%>
M—
4V2S_——
1971
94%
95%
1991
56%
V57 %
—
Rio
&
Minn
St
Free
v
Western
*
:
preferred
——
Paul
t
&
t
—
-
c—
common———
discount
at
Bid
Mar.
30,
0.28%
April
6,
1944
1944_.
1944
1944
b0.37
0.30%
2,
1944—
b0.37
0.32%
Mar.
9,
1944—
bO 37
0.32%
April 13, 1944
April 20, 1944
April 27, 1944
52%
16,
1944—.
b0.37
0.32'J-
May
4,
Mar.
23,
1944—
b0.37
0.32%
May
11,
17,
68
"
Feb.
24,
26
Mar.
53%
19%
20%
44
Bills
purchase
Mar.
25
1944_
1944
Ask
1)0.37
0.33%
b0.37
0.33%
b0.37
0.34 'i
b0.37
0.34%
b0.375 0.35%
b0.375 0.35%
b0.375
0.35'r
45
18%
19%
40
41
•No
8%
:
fcr
Ask
b0.37
Feb.
M—
—-—
Pacific
Preferred
com——
—
Sault Ste
c_;
v
100
—
Grande
are
Treasury bills—
31
66
—
Common
Optional
& Saulte Ste
4s
Youngstown-*^
29
Preferred
Grande—
4V2S
&
ouoted
Bid
Chicago & North Western com—
5% preferred
—^
Denver
Rates
103
-
—
Canton
5%
United States Treasury
Ask
102
Chicago Rock Island & Pacific—
island & Pacific—
Chicago Rock
—2014
Common
Chicago & Northwestern—,
4y2s
mtge
Akron
.
Bid
Pacific—
Western
& Youngstown—
Canton
Akron
ft.ft'ft % .'ft
9%
1%
par
value,
a
Odd lot
sales,
d!vidend of £31.50 a share
23, 1943. d Deferred
x Ex-dividend, y Exsubject to all Federal taxes. A Quotations not furnished
b Yield price,
c
Ex-liquidating
payable Nov. 30, 1943, to Adams Oil & Gas Co. stockholders of record Nov,
delivery,
r Canadian market.
sCash sale—not included in range for year,
default.
32%
33%
rights.
67
68
by sponsor or issuer.
tin
tThese
bonds are
Monday, February 14, 19
COMMERCIAL & FINANCIAL CHRONICLE
THE
672
'
c
show an increase com¬
clearings this week will
Bank
pared with a year ago. Preliminary figures compiled by
us, based upon telegraphic advices from the chief
cf the country, indicate that for the week ended Satur¬
cities
''
'
.192,895,207
153,263,908
*120 OOQ.OOO
1943
$2,536,417,781
247,635,260
360,000.000
. 209,956,275
117,325,038'
91,400,000
145,438,000
+ 144,315,638
99,442,301
82 489,745
fivb days
five days__
s>6,<<±j,ouo,538
Chicago
1,141,532,420
days
§8,359.351.868
743.528.198
$5,175,952,458
1.818,882,725
$6,994,835,183
—367.476,607
—
493,000.000
274,161,104
152,074,835
134,100,000
214,818,000
Philadelphia
Boston
A-.." '
............
City
Kansas
*
fit. Louis
Francisco
Ban
Pittsburgh
*
Cleveland
Baltimore
cities,
Ten
cities,
Other
Tot. all Cities, five
cities,
All
day
one
$9,102,880,066
week
Total ail cities for
^Estimated,
,
the following we
In
"'
Week Ended Feb. 5
the
Description
New
Philadelphia
4 th
.,
657,671,590
Cleveland
5th
Richmond
6th
Chicaso
+41.6
_
—
11th Dallas
528,370,542
Francisco
12th San
govern't
Foreign
$
•
12,672,000
250,700
1,138,000
No. Shares
No. Shares
18,032,142
12,993,665
eight years
BANK
CLEARINGS AT LEADING
$
$
$
omitted)
$
$
ASaaI A:-$AA:
14,067
14,616
13,412
1.451
1,207
1,262
1,435
1,385
1,036
918
879
2,504
2,517
2,039
1,816
1,579
571
440
389
354
1,483
357
961
859
712
561
492
481
1.020
898
700
665
596
595
570
409
270
Cincinnati-:;
498
431
>
" ,-,-v •*•«;
,i
add
now
our
•a*'\ '. .V-.m,
/
-
253
217
Memphis
211
179
181
145
101
81
84
88
146
142
365
331
209
189
166
387
166
269
Seattle
202
145
166
285
172
340
S.
128
117
108
81
74
66
Hartford
76
63
72
66
55
49
50
23,478
2,167
22,823
2,012
21,459
1,946
26,798
2,016
33,70^28,330~26,152
25~255
23,823
29,336
12,085
10,639
•
Orleans
272
293
205
164
152
146
121
187
324
339
_
__
143
133
131
123
125
46
43
52
272
'
:r
r!
70
58
122
63
•
77
104
88
93
142
239
226
175 A
158
132
134
126
120
102
103
216
165
204
173
141
130
123
121
130
250
Paul___
A
99
-
the
in
Portland
in the Boston Reserve
District#
York
Philadelphia
Cleveland
i———,—
Chicago A
Louis
9th
Minneapolis
10th Kansas
City
St.
Francisco
Springfield
r
...
■
.
2,011,041
4,300,386
,
18,938,222
12,844,476
63,443,724'
28,034,370
Waterbury
-—7,539,300
R. I.—Providence
77,396,000
N. H.—Manchester
3,155,144
1,865,054,811
4.9
+20.3
—
'
27,653,711
7,482,000
63,938,800
2,634,345
—
——
.
(14 cities)
Y.—Albany.
Binahamton
_
-
Buffalo
.
,,A
32,832,925
6,942,905
A
8,552,052
/
239,700,000
4,987,208
291,147,995
——_
~
Jamestown
,
4,870,640
.
+21.0
+19.8
23,293,346.266
Rochester
54,364,557
12.1
1,626,346,752
+
63.0
Syracuse
29,739,742
+
21.5
+
226,056,741
4,238,280
4,770,775
"V
2.3
29.4
+
18,402,566,210
AA
23.2
+
—
r-
16,936,770,149
51,530,151
A 26,119,800
26.6
48,523,498
+12.0
15.9
25,652,602 ■:
+
5,091,187
24,984,643
+
6.1
29,932,204
+
19.8.
J.—Montclair
1,841,939
1,651,748
+
11.5
2,024,033
115,556,340
113,819,995
154,675,303
+
1.5
104.631,475
+
11.6
4,090,292
+
13.3
153,322,063
3,533,351
5,403,385
Utica
3
2
Newark
Northern
J.
N.
Total
Third
(14
Federal
Reserve
+
26.2
17,603,590,237
1,884.189
+
35.3
4,183,016
+
9.5
2.1
2,204,776
5,134,712
2,323,990
11,908,384
:
•
-7,383,184
2,409,025
2,438,576
2,517,000,000
6,093,599
A- 11,219.245
5,359,143
8,470,965
8.7
1,311,118
District—Philadelphia-
ZZZZZZ
III""""""""
4,580.126
4,415,618
>2,142,550
I-ZIIIIZZZZZIIZI
13,107,815
ZZZZ
Z-ZZZZZZZZ!
Z-ZZi
Z-ZZZZZZZZZ"
ZZZZI
ZZZZZZZZ
6,929,748
12,149,468
6,390,242
Chester
-
Harrisburg
Lancaster
Lebanon
—
Philadelphia
Reading
Scran ton
Wilkes-Barre
York
—ZZZZZZZ
Pottsville
Del.—Wilmington
J.—Trenton
Total—<17
2,361,820
2,690,838
2,759,000,000
7,159,501
11,863,891
8.671,388
1,513,334
Boi$
zzzzzzzzzz
ZZZZZZ"
ZZZZZ"*
ZZZ Z
cities).
v
+
106.1
'
6,221,879
Hazlpton
N.
19,070,129,011
2,549,767 V
Bethlehem
Norrtstown
4,632,329
24,071,428,326
cities*
Pa.—Altoona
du
172,546,205 '
A
Oranges
5,316,114
24,407,566
2,194,204
2,223,375
2,504,000,000
5,743,777
10,904,454
5,545,481
8,853,277
1,392,314
'
-
+
7.9
-.-•
+
8.4 " "r
.
.
:
+
7.6
+
21.0
+
10.2
'
V
+24.6
+
8.8
+
12.2
—
+
794.408
723,556
+
2,670.563
+
711.826
9.8
3.116.333
16.7
436,612,729
Reserve District
7" ■'
1943
$
10,410 -11,813
'
1,663,861,441
19,070,129,011 A ■
2,608,211,537
2,402,831,350
+
8.6
17,603,590,237
26.2
4
2,632,398,796
2,157.721,529
'
414.6
-
983,806,556
+12.3
1,086,602,070
1,459,677,597 > A- A'"': +18.7
«+17.1
3,757,881,944 v A
s
1
+16.3
1,124,685,566
+ 27.1
737,772,679 AA
1,349,324,452 ;A +
920,928,280 AA
1,932,796,857
+16.0
/
-
t;\
,
+15.8
877,899,316
644,615,321
1,284,117,465
v
:
.
29,012,468,197
14,327,368,153
5 for four years:
Week Ended Feb. 5
1,943
925.782
3,318.920 A
338,224.310
850,039
797,589,029
504,939,244
A.A
34,658,010,123
17,721,239,974
+ 21.0
week ended Feb.
2,659,868.665
1,052,590,092
669,323,675
1,133,953,437 •
540,540,3031,673,789.126
+ 17.0
i
1.001,772,865
1,262,232,943 /
3,342,108,058
■
.,
20.2 A
+
+A-:A'aa- i $
'
1,337,446,660
15,232,557,759
2,144,372,5881,722.024,782
805,264,503
$
1.625,955,371
+12.1
.
1941
1942
AA
Dec. Cr
>
1,021,392
1941
1942
Inc. or
Dec: f#
: ■ — 0.1
:.. + '+ 9.6
+29.1
+ 20.2
I
A
944,194
802,088
2,282,663
252,885,502
677,828
3,192,336
289,121.027
814,604
422,240
2.5
456.487
842,950
740,583
3,473,944
3,474,119
4,447,337
2,829,981
13,778,685
+34.7
+ 7.5
+17.6
+22.4
2,555,444
2,290,391
13,709,689
11,703,497
6,568,582
+33.7
17,55^800
17.519^000
+" 0*2
600,153
528,795
460,833
1,292,534
4,779,928
10,926,294
66,001,176
3,328,999
16,858,808
8,780,661
—"
959,331
22.921,911
7,388,600
58.399,700
2,644,852
495,857,369
1,337,446,660
5,867,192
13.5
27.0
+
12,9*08^200
338,396,305
8.9
+
505,062
293,884,661
6.021,849
7,179,854
2,059,548
159.2
+
10,076.593
1,896,984
5,192,488
6,500,893
16,284/200
500,537
+
390,423,251
2,066,169
26,117,408/
33,560,182
+
25.8
+
13.1
!
68,161,816
54,200,000
1,323,479
1,170,414
4,798,186
2,852,959
889,979
14,685.100,044
6,462,597,799
5,173,960,591
+
14,995,864
12.619,513
8,139,972
6,983,564
21,822,658
9,127,525
1.996,041
91.229,226
658,028
34,724,497
39,652,831
26,819,602
31,633,863
15,232,557,759
6,670,418,347
5,326,767,706
636,889
491,291
+
29.6
2,411,988
737,951
'+
4.5
4,080,383
771,257
1.923.444
10,844,627
1,259,792
501,740
6.001,103
1,665.999
1,594,248
662,000.000
1,260,551
605,000,000
+
9.4
1,260,208
+
0.1
546,000,000
1,244,873
2.482,272
2,726,180
1,327,940
2,648.714
3,048.947
2,005.060
1,865,112
+ 11.8
51.0
1,238,740
1,159,611
2,211,556
—15.7
2,109,419
1,507,508
5,730,800
+ 30.9
4,335,700
3,234.800
621,581,914
+ 9.7
560,927,061
474.007,446
-
'
".
43,645,238
22,636,780
77
A+
4.465,592
136,184,950
,
.
1,661.109 ;
37,100,000
49,900,000
1,008,822
■:■{
3,021,378
174.877,847
V
56
16.0%.
Inc. or
"T72.489
681,884
220.6
986,163
764,253
24.9
3,504,952,391
+
18.8
12.180.400
+
16.6
6,347,794
5,971,095
+
52.9
5,819,298
545,508
+
20.6
+
29.5
26,433,306
24,597,497
+
25.3
30,663,403
'
$,231,772,556
28,794,405
+
11,257,571
■
.
5,930,026 "
>,5,009,676
508,847
A
530.177 +
3,352,445
f
+25.2 A.
+
151.1
3.354,099,678*
3,644,061,156.
A
.
AAA
-
570,753
563,147
*
A-'
825,279"
452,462
1,501,121
AV
:
■
A-'
634.046
420,459
1,476,472
77 2,317,010
1,823.018
2,039:000,000
7,777,720
11,415,896
4,891,300
6.428,539
+
46rob~oZo6o
1,529,131
1,297,282
546.662
2.946,960
2,766,320
19,927,186
-
22,592,315
19.969,971
+
13.1
20,879,993
17,241,100
+
48.9
24,603,300
20,920,100
25,673,800
.2,883,242,581
2,608,211,537
2,632,398,796
2,144,372,578
+ 8.6,
66
63.
the Atlanta Reserve
16,472,791
•:
7:-.
District by 18.7%. In the Chi¬
cago Reserve District the totals show an expansion of
17.1%, in the St. Louis Reserve District ot 16.3% and in
the Minneapolis Reserve District of 27.1%,
In the Kan¬
sas City Reserve District the increase
is 20.2%, in the
Dallas Reserve District 17.0% and in the San Francisco
in
1,839,246
v
;
160
A
District by 12.3% and
14.6%, in the Richmond Reserve
3,428,775
54,379,812
6,489,927
.
Conn.—Stamford
N.
925,612
19,712 16,768 13,645
22,819
$
3,637,920
1,968,319 :
3,992,769
+
46,113 38,114
'
2.835,026
27,262,330
7,718,800 >
70,262,400
2,805,518
+ 0.8
4,610,495
5,967,071
———
York
New
53,527,601
_
Elmira-'
.
>
10,846,525
1,128,466.283
3,427,179
li 1,848,302
19,004,245
13,247,622
72,102,075
.
;
1944
$
York—
Second Federal Reserve District—New
W.
.
and the
1941
■
6,517
cities
38,114,702,794
19,712,136,584
46,113,005,138
month of January
—
1942,
$
3,620,339
15,195,731
1,385,406,938
4,446,340
2.169,269
+1.4
1,663,861,441
Haven
"v
;
2,241,461,686
"
———22,819,658,872
—
for each city for the
Inc. or
Dec -ft
+ 24.4
— 2.6
+11.8
+19.4
— 2;0
+17.4
>21.7 '
+13.0
$
2.991,846
16,199.171
1,435,357,799
3.728,451
2,337,469
21,403,297
,
,
.—19
190 cities
of January——
A
12,218,834
76,353,946
,—^
Worcester
Conn.—Hartford
——■—.
Outside N. Y. City.-
1943
; 2,360,239
—5,234,215
;
Bedford
—.
Total
—Month
,
'
30,179 25,262
5,473
2,573 2,386
39,596 32,641
__
Out. N.Y.C.
District of 12.1%
of 8.6%. In
District the totals are larger by
1944
$
14 cities
1,865.054,811
-Ll4 " ' 24,071,428,326
;
—17 "
2,883,242,581
—-------i---18 "
2,754,793,159 + +
————-A 9 "
"1,220,409,501
-18" "
1,732,049,950
V "
.4,399,981,260
———'7
• 1,307,608,500 M:
.--16 "
937,540,388
'
——18 "
1,622,195,899 '
11 "
1.077,239.077
New
12th San
.$
1,605,111,673
» 4,452,095
; 2,291,112
——
Lowell ii.
.
_
Total all..
Reserve
r,'r 'v* • 1" <• 1 ''.'AY-' •
15,781,755
•
—
Holyoke
Total
Oth.
Philadelphia Reserve District
Boston
C"1
3.722,831
-
,1
Mass.—Boston
A y Fall River
New
89,
month
8th
247
City-
Total
107
172
L.
'
_
162
291
647
1944
District—Boston—
First Federal Reserve
New
54
.,
168
—
11th Dallas
—-———
Me.—Bangor
183
328
270
detailed statement showing the figures
Clearings at—
166
Richmond-
184
399
392
239
240
81"
255
305
650
276
Baltimore-^
343
269
7
$
;
'•
76
64
195
345
;
646
1,184
304
297
$
..
104
1937
1938
$
■
124
378
7th
1,742
642
388
$
124
;
1941
1942
$
129
256
4th
1,154
2,759
St. Louis.— 7
758
Pittsburgh
1,087
:
1943
$
383
2d
1,484
504
1944
Ind'apolis-
374
1st
17,523
1,539
1,128
A-
(000,000
omitted)
$
$
293
Richmond
14,685
'
2,822,311,872
456
Atlanta
1,854
We
6,054,574,428
3,463,937,991
410
5th
16,937
Ban >Fran—
6,968,890,382
314
6th
1,809
Phila.
274,883,700
467
$
18,4d2
Chicago
346,294,820
549
1937
York-. 23,293
2,068
Boston
1,605
New
79,027,669
+ 20.2
614
3d
\
103,454,158
20.2
1939
1940
1941
$
7:7
Month of January—
last
1939
21.2
425
Federal Reserve
YEARS
CITIES IN JANUARY FOR 8
1942
1943
(ooo.ooo:: 1944
140,612,269
+
171,478,071
720
the Cleveland
leading cities of the
month of January in each of the
is shown in the subjoined statement: ■
194,348,347
732
and
13,312,960
country for the
15.1
480
gain of 26.2%,
No. Shares
17,811,394
bank clearings at
The course of
105,931,300
+
■
22.8
furnish today a summary of the clearings for
of January.
For that month there was an
increase for the entire body of clearing houses of 21.0%,
the 1944 aggregate of clearings having been $46,113,005,138 and the 1943 aggregate $38,114,702,794.
In the New York Reserve District the totals show a
$219,955,000 . $230,987,000
No. Shares
January—___
143,246,735
+
We also
•
■
of
,226,549,273
26.0
819
Denver
transactions in share properties on the
New York Stock Exchange for the first month of 1941
to 1944 is indicated in the following:
■
1944
1943
1942
1941
Month
21.3
+
621
St.
The volume of
...
20.7
+
+
Milwaukee
2,707,000
$302,816,600
+
9,252,131.982
15,643,000
bonds— $337,114,250
Total
413,662,044
851
the
;
173,576,968
206,782,640
■
933
Providence-
»
11,675,500
bonds
+
City
Louisville
$212,637,000
>
490,963,622 :
366.637,986
'
;
-
4,078,171,391
Buffalo
government
24.3
3,354,099,678
AA
474,007,446
417
Minn.
13,312,960
$206,145,000
9.7
,17.5
+
293,884,661
338,396,305 A
3,644,061,156
560,927,061
450,264,304 A
203,997,551 266,387,050 ■
+ 20.7
+
$
$
A
>
25.2'
+
1941
1942
.
+ 27.0
'
Z'A
AA
Dec. %
+
'
Cleveland-
9,404,000
—_
1942
1943
$
Kans.
1,052,350
bonds
1944
omitted)
1941
1
,
$326,657,900 $290,890,400
bonds
XL S.
'
.
4,900,655,005
City
N. Y.
Outside
N.
12,993,665
18,032,142
17.811,394
misc.
'
11,363,252,804
_i.
Total
covered by
next week.
Bonds
&
"
9
10th Kansas City __l
Omaha
shares
Railroad
213,567,910
299,523,178
133,579,222
Minneapolis
9th
+30.1
Stock, number of
•'
AaZaZ"
'
:•
cAA: ■:>/s1*'- A:\
f'1 M
A
110,176,478
325,850,615
--•2—'
'• '
,•
439,467,912
_
Louis
St.
8th
+61.5
—59.1
1942
1943
296,854,201
407,304,369
652,239,854
"
6
Atlanta
7th
+67.1
———Month of January-
——•
1944
A:; •;
A- A
.
Inc. or
$
6,670,418,347
682,015,607
York
2d
i
390,423,251
5,326,767,706
621,581,914
544,898,219
252,549,641
327,767,782'.
540,161,637
268,603,006
169,541,516
260,192,920
495.857.369
3d
,
:>l943AAyAAv:
1944
A
Boston
1st
statement of transactions
New York Stock Exchange is appended.
The
for January in 1941 to 1944 are given below:
results
Ur,«
''V-.A'
'
Districts:
SUMMARY OF 1 ANK CLEARINGS
^
■
(000,000
on
A
Reserve Districts
Federal
monthly detailed
usual
Our
v".'Z '.A
'
an
20.2%.
leserve
furnish a summary by Federal
*
■
Complete and exact details for the week
the foregoing will appear in our issue of
j
f
+36.9
+30.6
+ 29.6
+ 46.7
+47.7
+33.7
+54.1
+45.5
,
We group
Federal Reserve Districts in
the cities according to the
.Cent
+83.0
+48.4
$4,034,420,038
1.615.851,330
1944
$4,641,710,877
Feb. 12—
New York
city
this
recorded an increase of 24.9,%.
center having
Per
TELEGRAPH
CLEARINGS—RETURNS BY
Week ending
amounted to $11,363,252,804, against $9,252,-
131,982 in the same week in 1942.
Outside of this
there was an increase of 20.2%, the bank clearings at
for the
Our comparative summary
Friday of 83.0%.
week follows:
"•
v
Cleveland Reserve District the
improvement of 20.7%, in the Rich¬
mond Reserve District of 17.5%
and in the Atlanta
Reserve
District of 24.3%.
In the Chicago Reserve
District the totals show a gain of 20.7%, in the St. Louis
Reserve District of 21.3% and in the Minneapolis Re¬
serve District of 26.0%.
In the Kansas City Reserve
District the increase is 15.1%, in the Dallas Reserve
District 21.2% and in the San Francisco Reserve District
totals register
22.8%, the aggregate of clearings for the whole coun¬
try having
•'''
In -the
9.7%.
of
trict
present further below we are able to give the final
and complete results for the week previous—the week
ended Feb. 5.
For that week there was an increase
we
of
New
the
the elaborate detailed
In
'•
.
register an expansion of 25.2%, in the Boston Reserve
District of 27.0% and in the Philadelphia Reserve Dis¬
of the week in all cases has to be estimated.
statement, however, which
the last day
clearings from all cities of the United
States from which it is possible to obtain weekly clear¬
ings will be 30.1% above those for the corresponding
week last year.
Our preliminary total stands at $9,102,£80,066, against $6,994,835,183 for the same week in 1943.
At this center there is an increase for the week ended
12,
Feb.
day,
A,'.
located and from this it appears that in
York District (including this city) the totals
which they are
furnish them today, in as much as the week
ends Saturday and the Saturday figures are not avail¬
able at time of going to press. Accordingly, in the above
We cannot
682,015,607
'
,
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
159
Month
of
January-
Week Ended Feb,
Inc. or
Fourth
Dec r/o
Dec. %
$
Olearlngs at—
Federal
+ 34.3
13,211,457
17,091,281
12,728.282
498,953,128
Cleveland
933,988,394
431,319,539
819,822,811
Columbus
78,166,500
60,184,200
Hamilton
3,857,206
3,452,912
Lorain
1,441,496
1,109,429
+ 29.9
—J.
0
Cincinnati
•
.
" Mansfield
.
8,878,945
-i
£
•'
Co.
Greensburg
" 4 Pittsburgh
•'
,
OU
Total
Fifth
15,416,000
+ 82.5
12,666,900
11,799,500
1,099,630
r.aa8,bj4
2,oovi,i i3
i.,s*o,Ov>4
4,158,853
3,245,957
3,688,879
3,037,348
274,443,864
246,525,834
194,004,039
171,791,812
450,264,304
366,637,986
5.6
10,650,229
8,612,337
+■3.5
15,455,928
12,678,976
6,816,171
30,163,418
5,788,919
+ 16.6
7.01
1,129,066
1,084,083
:>v 817,912
++13.1
859,111,498
712,483,076
7,283,756
+ 45.1
18,994,163
7,470,581
13,373,687
10,571,429
2,754,793,159
2,402,831,350
+ 14.6
'
17,545,863
+ 30.7
7,071,754
2,157,721,529'
544,898,219
+ 23.3
25,408,000
+
6.5
4,016,285
19,821,000
16,353,000
7,200,000
5,956,000
+ 20.9
5.208,000
3,911,000
297,227,173
+
10.5
252,998,536
217,119,450
76,913,271
67,910,542
+ 13.3
55,112,539
45.961.3*8
2,342,964
2,285,297
#,093,377
1,540,591
163,*1*5*2*634
141,142,824
+ 15.6
105,719,562
45,936,815
34,130.175
+
34.6
34,849,712
296,854,201
252,549,641
+
17.5
203,997,551
8.103,157
+
6.8
4,363,141
5,381,110
.
27,059,000 >•
328,309,537
.
3.128.H0
6.5
8,801,342
13,337,627
+
4.3
12,484,473
10,018,204
+
4.8
9,836,556
650,505,381
570,649,542
+
14.0
504,198,844
408,686,865
10,267,620
9,599,536
2,147,590
153,183,173
1,220,409,501
1,086.602,070
Reserve
'•914.361
.716,005
2,337,636
132,187,283
12.3
983,806,556
90,2347068
2,021,155
166,815,884
2.5'
+
—
+
31,2137956 ' •'•'.
173,576,968
District-—Atlanta—
21.4
126,739,624
42,894,740
37,076,225
+ 15.7
28.596.710
pi 5QO
+
19.0
435,400,000
141,900,000
120,500,000
+ 17.8
96,800,000
73,600,000
+
7.4
10,885,485
2,511,004
2,229,086
+ 12.6
8,898,215
+
3.1
7,304,309
8,519,193
—
8.2
7,157,553
*2.(^0 OOO
1.784.038
+ 12.1
1,972.568
1,687,283
+ 21.8
10,160,695
Columbus
9,178,199
7,820,106
'
■
Fla.—Jacksonville
13,628,210
+
9,464,732
598,800,000
Augusta
32,618,738
139,411,300
503,100,000
■■■:+.
169,179,283
Ba.—Atlanta
+ 15.2
41,995,946
48,365,773
Nashville
Tampa
5.8
+ 13.0
2,022,057
:
(9 cities)
—
,
173,124,160
_
Federal
+ 16.3
6,923,263
■'
1.124.803
10,916,709
* 10,500,000
1,308,517
.
ft 7,928,608
33,908,720
,
C.—Washington
+20,7
,
District—Richmond—
Reserve
Tenn.—Knoxville
+ 17.6
176,923,430
145,618,414
i
vi
49,465,161
40,610,225
27,218,000
27,732,000
16,183,939
11,558,429
+
40.0
9,601,428
238.759,152
172,887,512
+
38.1
169,254,167
54,407*956
39.797.455
3I.Fi7.os5
25.711 7">o
2.6
14,512,746
5,214,398
4,988,340
3,707,035
2,316,778
208.124,077
___
Ala.—Birmingham
:
1
Mobile
—
8,451,105
Jackson
+
21.9
6,940,022
11,909,000
+
4.9
11,602,000
13,704,495
__
6,935,250
12,493,000
,
Miss.-r-Hattiesburg
Meridian
21,385,554
-
20,826,560
_
Montgomery
.
24,616,704
1,463,662
+ 32.7
+
1
Frederick
Macon
28,138,400
2,529,532
1,349,097
9,820,471
Md.—Baltimore
«SIxth
49.412.709
3,465,205
8,066,512
C,—Charleston
Total
57,492,700
10,157,125
Columbia
D.
29.9
12,398,504
Greenville
:V"
112,637,172
+ 24.0
Richmond
■V-:-;x: S.
P2.6S4.603
144,123,931
v+
1,38+918 '•;
944,281 :
961,759,352 1
■
•
85.0P8 4^0
+ 23.4
i+12.0
Va.—Huntington
.
+ 30.5
178,193,340
10,961,898
(17 cities).
Federal
96.111,411
219,967,696
12,981,801
Va.—Norfolk
,
125,429.234
548,811,493
|
-
2,781,697
303,693,316
719,965,399
13,587,536
+
^
2,726,042
388,472,309
14,534,948
22,938,074
....
City
Ky.—Lexington
W, Va.—Wheeling:
S
13.9
-+ 23.3
~
vr
1,087,779,720
0.5
—
+
32,923,697
\ 38,375,534,
1,481,808
3,406,843
+ 15.7
8,411,042
5,917,716
1,252,697
Erie
+
-
'•
3,389 922
11,958,697
+
14,099,853
7,295,024
'
Toledo
Pa.—Beaver
1941
$
+ 11.7
14.599,444
Youngstown
Newark
1942
District—Cleveland-
Reserve
Ohm—Canton
5
Inc.or
10,784,067
+
27.1
11,775,000
2,883,879
;
:
'
—10.0
3,202,636
1,523,164
_
Vlcksburg
a
La.—New Orleans—
.1,087,075
3,170,255
936,175
+ 10.2
331,615,258
—
365,596,523
40.1
268,717,027
+
""3497827
:
272,637
.,
+
28.3 '
72,406,619
>
94,933,073
+
31.1
255,526
264,781
63,299,647
47,525,647
'
Total
(16 cities)
:
•
+ 18.7
1,459,677,597
1,732,049,950
.
407,304,369
327,767,782
:
+ 24.3
266,387,050
>
206,782,640
*Vv;
.''V'
Federal Reserve District—Chlcftfo—•
Seventh
'
Arbor
Mich.-^nn
L—J-.j-
Detroit
■
■
■'■
.
2,615,217
7,336,050
4.5 "
2.128,700
952,657,483
682,388,776
6.0
+
—
2,389,453
22.0
+
7,802,821
24,187,186
•'
"
2,503,721
-1,381,027,787
1,684,575,154-
Flint,
5,567,683
5,201,208
--
:
...
20,565; 344
+ 17.6
5,163,878
+089,346
+ 26.3-
18,354,772
Grand Rapids
Jackson
V
.
-
■
'
14,419,496
18,563,353: ;
4,406,576
3,865.389
706,153
3*6*8*8,580
+'
2,950,825
'
7.806,038
_____
'-
__i_—
Bay
City
Did.—Ft. Wayne
South
27.3
+
25.4
+
+
3,712,799
—
12.9
11,874,134
,
29.4
6,030,543
'
4,654,798
-
1+437,429
12,792,638
-
•
24,688,558
21,967,665
+12.4
129.282,689
•
3,30i"58O
8,029,492
3.352,281
<
4,702,708
3,863,690
2^603^35+
2,0*60*161
.
3,261,966
124,523,257
4,358,043
2/74(1,966
21,111,458
18,600,298
123,813,001
103,594,738
36.628,000
26,703.000
10,894,725
!+- 3;8
.
.
9,569,236
.
'
Bend
Terre
•
+
J
Gary Indianapolis
•
693,801
'
Lansing
Muskegon
'
.
763,575
5,567,967
16.802;216
3,545,786
.
730,894
Haute
J—
t V ae,760,536
W* 35,578,023
Wis.—Madison;"»4^i.
+19.4
12,103,089
10.541,258
3,988,161
:'•
34,438,956
27,059,672
f&i 7' fV7+.a94
9,323,304
9,228,593
8 0°T 092
122,064,202
103,645,463
42,929.609
34,246,326
37,937,015
—
9.820,246
8,649,161
168226.242
142,442,137
+••+ 18.1
+ 18.6
;• + v>
37.2
+
3.326.450
6.2
,+13.5
14,040,301
+;
+ 59.0
2*00*1,702
2,487,924 £
24.688.000
•
+ 19.9
2,563,865
"+1.0/';
'
2176*12*666
•
; 2,710,293
6,731,821
5,902,792
29,194,700
'23,412.870
■
Milwaukee
___ȣ--w-i.
Oshkosh
-
Watertown
.+
Manitowoc
»a.—Cedar
1,981,808
3,428,660
+ 24.5
765,399
1,813,049
1,628,254
+ 35.7
6,740,282
5,938,073
2.527,393
2.073.416
1.-/25.529
1,311,310
58,628,734
42,344,098
15.973.091
14.317.035
13.591.617
10 *C« 410
22,683,236
16,926,034
7,675,260
6,573,122
5,269,706
3,866,824
+ 11.5
725,915
t+14.2
2,687,046
•
Rapids
:
:
-2il57,562
>,
504,309
'
7,515,612
10,195,311
f
2,101,886
2,438,760
4,079,893
828,663
__
+ 25.4
4,319,736
2,892,447
4,547,457
j,
Sheboygan
V,
+ 21.9
'
Des
City
: 85.286.834 '
.
53,267,135
+ 22.6
32,443,659
Moines
Sioux
25,779,197
+
+
___
25.9
-
12.5
909,841
880,774
+ 23.8
2,705,786
2,088,129
2,16+447
26.6
1,71+907
664.413
.514,095
1,809,538,001
+ 14.3
1,854,364,090
1,538,814,560
516,926,611
422,216,963
+ 22.4
388,182.335
7,856,022
6,207,135
+ 26.6
6,967,342
5,863,183
1,412,698
1.597,423
—11.6
1,230,162
25.702,931
21,641,929
+
18.8
24,833,728
18,454,413
5.861.027
5,409.815
+
8.3
4,488,699
9,742,006
8,339,863
+
16.8
8,896,949
7,628,928
2,238,741
1.849.343
+
91..1
] °94.?79
3
7,449,996
+ 10.8
7,838,218
6,667,168
2,133,062
1,688,865
+ 26.3
1,395,136
1,401,621
791,488
+ 13.3
769,610
728,396
960,097
853,791
3,307,848
2,671,949
2,429.920
1,919,687
+
2,068,462,598
£>
Ames
111.—Aurora
Bloomlngton
Chicago
-
Decatur
Peoria
Rockford
Springfield
8,25+520
—
Sterling
897,085
Total
(31 I ities)
-
+ 17.1
4,399,981,260
„
+
2,659,868,665
9Q.3
~605"'ni6
•jot
327,015,689
t'
1,051,676'
4,198.322
.
ror
+ 20.7
490,963,622;
413,662,044
+ 26.6
130,800,009
96,700,000
58 355.877
44,794*238
36,625,396
29,407,833
Eighth Federal Reserve District—St. Louis—
Mo!—St. Louis
—758,664,319
642,9131423
+ 18.0
570,691,357
439,919,013
5,843,700
4,563,091
840,761
+ 28.1
4,929,142
5,031,282
878.588
4.5
802,701
615,058
324.855,231
293,104,666
+ 10.8
271,579,271
204,653.197
7.5>99*335
211,732,146
179,408,1.01
+ 18.0
180,682,537
144,566,305
53,278,280
618,516
385,524
56.4
545.084
'•>•335,174
5,016,000
3,460,000
+ 45.0
3,360,000
2,469,000
1,307,608,500
Cape Girardeau
1,124,685,566
+16.3
1,032,590,092
797,589,029
„
„
Independence
Ky,—Louisville
Tenn.—Memphis
—
_
111.—Jacksonville
T
Qulncy
—
Total
Ninth
(7 cities)
Federal
Reserve
;
Paul
S.
14,629,428
12,751,387
3.703.1.12
3.395.762
+ 18.7
3.119.892
2.957.190
425,415,487
314,454,829
145,083,893
113,243,896
+ 28.1
93,341,519
68,643,458
1,841,773
1,801.660
+
25.5
165,313,627
126,458,557
53.128,061
43,264,547
+
22.8
37,079,010
26,266*993
2,019,505
1,468,973
472,644
585,600
+ 20.6
2,974*875
+
26.5
3,056,050
1,850,574
500,358
;.
-
,
+ 37.0
+
4.3
25
12,410,374
-
,13,748,342
1,432,000
v
85.8
-1,517,000
1,054,000
1,396,629
+ 86.0
950,389
.950,000
+ 34.4
+
6,347.239
4,723,641
4,759,074
13,200,654
+
1.3
11,445,088
+
32.1
1,081,318
4.056,461
+ 32.1
7,027,868
5,562,044
+
26.4
.4,756,018
+
8.9
16,651,307
14,882,520
370,593
+
25.2
308,637
234,580
737,772,679
+
27.1
669,332,312
504,939,245
464,167
/
(16 cities)
937,540,388
.
1,*2*0*4*822
1,438,319
3,522,214
20,615,843
5.358,065
Lewistown
743*572
833,400
22.448,937
Falls
Helena
2,846,887
r
7,347,779
1,242,771
v
*
3,682,282
13,378.039
j
3,7*6*3*556
11,272,466
2,661,000
,2.597,816
14,971,357 >
V
■
__
Mont.—Billings
Total
171,478,071
9.1
172,146,951
Huron
i-
"576*000
226,549,273
50.5
521,702
Falls
Great
+ 21.3
29.3
1,642,000
Sioux
268,60f,006
+
2,536,028
t
-
—
D.—Aberdeen
I,. 768,000
809,000
+
r
—1
5.7'+
+
216,063.389
Forks
+ 28.1
1,683,459
D.—Fargo
Grand
I,"143*666
+
41,599,642
16,066,540
'•. ;
,
Fergus Falls
Minot
71..3°4.364
•
480,513,787
17,524,393
Rochester
N.
:
■
621,465,596 '
2,532,792
Minneapolis
Winona
+
154,800,000
District—Minneapolis—
lllnn.—Duluth
St.
+
.
4.422,675
3,638,998
1,172,003
995,394
975,176
836,429
5,278,966
+4*46,591
+4*7*0,266
3*6*3*6*771
213,567,910
169,541,516
143,246,735
105,931,300
+ 26.0
♦
Tenth
Federal
Reserve Districtr-Kansas City—
Nph,—Prpmont
-•
.
Hastings...
•Lincoln
0
Parsons
819,474.,
+
Topeka...
339,653.782
272,039,731
:.
1,144,650
974,773
1,300,446
1,389,672
537,376'
"+33.1
13,872.885
+
i
488,636
,
+ 24.9
186,955,381
+ 17.4
1,003,314
6.4
1,682,019
—
207.961
195 490
142.565.560
.
354,495
-U-f
3.837.911
64,490,168
+
6.4
1RP.748
118 2*0
+
7.5
185,555
202,679
+
27.5
3,196.238
2.788 612
+ 20.4
;
44,349,949
32,343,229
3.029.638
864,756
1,071,133
12,998.220
+
7.5
12,270,249
10.647,186
3.208.774
2,742,747
+ 17.0
3.020.624
23,301.619
+ 68.3
.21,094.129
15.198,069
7,262,432
5,951,193
+22.0
5,204,057
3,314,651
3,257,283
+ 19.3
4,475,158
2,813,422
,851,621.875.
732,045,447
+ 16.3
613,526,330
466.891.561
1967583,344
174,558**731
*+*12*6
139*934.328
9+105 7*9
26,092,824
+ 34.3
20,489,962
7,365,691
6,168,806
+19.4
4,399,719
3,347,118
1.052,822
1,097,160
4.0
784,735
5527173
946,733
*796,289
' +18.9
786,394
810,170
299,523,178
260,192,920
+15.1
194,348,347
140,612,260
.
_•
...
City
St. Joseph
39.206,346
35,033,084
Carthage
j.
16,866,587
1,572,022
1,095,614
+ 43.5
808,246
46.185,052
+ 13.5
50.171.393
35,528,434
+ 14.1
2,909,803
2.550,459
+ 22.6
173,096,589
3,770,451
3,175,132
Wyoming—Casper
1,646,756
+ 26.6
1,611,458
cities)
1,545,237
1,349,324,452
+20.2
.1,108,274,743
854,836,842
•
141,374,433
2.8
4,042,260
204.554.006
4.037,728
Pueblo
4.610,983
250.748,210
Springs.
Denver
.
1,297,111
52.435,000
______
Okla.—Tulsa
Colo.—Colorado
•
4 892.256
77,621,974
11.959,126—■
3,886,362;
13.969,376
;
....
Kansas
(16
21.1
381.186
14.953,403
4:+"...
;
Mo.—Joplin
Total
19,899,294.
•
...
Omaha
Kans.—Manhattan.^..•;'•
Wichita
992,371
•
—...
3,928,318
+
2 084,370
1,622,195,899
—
THE COMMERCIAL
January-
Federal Reserve District —Dallas-
Eleventh
+
25.7
8,701,265
+
3.3
6,749,078
410,975,976
+
17.3
376,604,923
482,244,050
Beaumont
44,207,102
57,417,746
14,270,000
424,536,558
4,284,379
6,155,137
37,040,794
47,293,181
11,628,000
+ 19.3
.33,476,078
+
21.4
45,447,952
+
22.7
11,894,000
364,984,351
+ 16.3
3,238,649
4,966,725
317,747,821
2,770,229
+ 23.9
5,773,142
+
11.7
3,203,302
Paso
_
Worth
Ft.
Galveston
Houston
Arthur
Port
Falls
Wichita
Texarkana
+
2.6
23,137,759
—
2,104,558
2,596,729
110,*1*05*000
81^237*777
60*88*8^203
10,1*46*240
11,939*205
+—15*0
10,*5*54*318
7,874*145
3,327,000
2,409;000
7 +38.1
3,015,000
2,534,000
1,550,508
l,T49",ni
1,971,894
'
3,714,247
Seattle
387,732,878
8,025,593
—
Yakima
8,411,577
Ida.—Boise
Ore.—Eugene
2,909,000
—
314,321,556
Portland
6,965,176
Utah—Ogden
—128,828.821
Salt Lake City
Ariz.—Phoenix
■f
39,813,996
Calif.—Bakersfield
Eeach
San
(190
9,804,720
'15,493,049
19,148,073
4,115,969
+ 16.1
-'A.
17,134,974
7,461,893
13,604,970
+
9.6
13,889,738
12,386,846
16.0
1,682,889,127
128,287,085
+
21.0
34,658,010,123
29,012,468,197
15.8
17,721,239,974
14,327,368,153
refund¬
+ 20.2
346,294,820
274,883,700
9,252,131,982
4,078,171,391
22.8
6,968,890.382
6,054,574,428
+ 20.2
3,463,937,991
2,822,311,872
figures since Janu¬
present a tabulation of
will undoubtedly be necessary from
particularly as additional private financing
brought to, light in annual reports and other places.
mi,
AND
1043
+
1,648,777
V
USE
FUNDS
OF
*tcip nrAmount
Pitvnc
Total
J•
Type Of
■■■
PIP P
$
day Treas.
91
6
Jan
13
91
day Treas.
20
91
day
27
91
day Treas.
Treas.
$
'
1,000,766,000
1,015,849,000
1,008,085,000
1,000,234,000
1(3,414^666
7,784,000
;
Bds.
1,698,408,259
Depositary Bonds.
Tax Antic'n Notes
14,690,500
14,690,500
U.
1
Jan
1,698,408,259
Jan
Jan
Total
S.
Savings
1,216,149,300
1,216,149,300
for January—
*INTRA-G()VERNMF,NT
FINANCING
Net Issued
Retired
Issued
1944
169,500,000
39,964,000
209,464,000
$
January-
89^400,000
17,898,000
71,502,000
120,064,000
22,066,000
97,998,000
Certificates
Notes
,
209,464.000
39,964,000
169,500.000
series certificates and notes; certificates
and Unemployed Trust Fund,
axrd notes to Federal Old Age and Survivors Insurance Trust Account,
Civil
Service
Retirement
Fund,
Foreign
Service
Retirement Fund,
Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postal
Savings System, Government Life Insurance Fund,
National Service
Life
Insurance
Fund,
Federal Deposit Insurance
Corporation, and
Total for January—
"Comprise sales of special
kind
*1942
Savings & Loan Insurance Corporation.
give complete details of the capital flota¬
January, including every issue of any
brought out in that month.
Below
tions
Date)
(Revised to
1942
Federal
we
during
158,049,090
Details Of New Capital Flotations
2.798,000
85,128,964
1,865,000
38,447,228
13,195,000
18,900,500
95,390,457
56,708,875
79,085,120
39,209,300
75,609,375
118,294,420
During January, 1944
47,829,228
118,900,457
208,714,121
143,238,764
351,952,885
74,902,000
95,686,940
97,114,003
18,527,000
115,641,003
44,743,680
73,364,291
103,841,600
5,806,500
95,812,568
125,811,993
76,827,430
61,685,570
109,648,100
138,513,000
79,404,976
215,458,248
294,863,224
277,783,033
86,019,070
363,802,103
150,476,205
263,287,476
413.763,681
486,497,154
229,257,834
715,754,988
27,509.976
58.600,000
32,719,350
60,229,326
6,018,000
64,618,000
58,882,086
183,729,412
New
Total
...
Capital
$
160,456,350
quarter.
April.
May_.
June-
Second quarter.
Six months-.---.
84,754,500
quarter.
28,445,586
251,509,204
114,555,562
69,173,850
298,431,684
899,484,400
43,845,700
46,280,000
99.25
20,209,876
Inc.;
65,040,000
.
463,343,276
665,272,885
14,236,772
175,942,736
239,652,510
377,872,345
702,995,786 1,080,868,131
Fourth
quarter
Twelve
months——.
—
.
Revised.
6,679,000
97,365,272
14,717,010
61,828,990
23,830,310
119,205,566
143,035,876
:
included in
our
Janu¬
Savings Notes received at a
Savings Bonds
Federal Reserve Bank
Treasury Department
during the months of
All
tabulation.
subscriptions for
January and'February also will be
credited to the drive.
Figures of these securities shown in the tabulation
will
of the total subscriptions to the Fourth War
The Treasury
We
Yantis
417,637,250 1,042,520,276
UNITED
on
Jan. 24 announced
offering of 0.90% Treasury Notes of Series D-1945,
exchange to holders of Treasury Certificates of In¬
1, 1944.
As
debtedness of Series A-1944, maturing Feb.
notes
be included in
are
our
dated Feb.
1, 1944, the results will
tabulation next month.
Aside from
the Treasury confined its financing to
weekly offerings of Treasury bills, Savings
Bonds and Tax Anticipation Notes.
these operations,
usual
As the maturing issues of
Treasury bills were all for
approximately the same amount as the new bill offer¬
Amount
Accepted
31
Jan
6
91 days
2,255,535,000
Jan
13
14
Jan
20
Jan
21
Jan 27
1-31 Jan
Jan
1-31 Jan
Jan
1-31 Jan
Total
*
for
1
91 days
91 days
serially
1945-1959.
2,173,694,000
2,273,537,000
2,290,465,000
Corp.;
Yield
•
: %
'•'•0.373
99,906
1,000,234,000
1,017,180,000
trust
certificates,
Purpose,
purchase
and F. S. Yantis
Marx & Co.; Newburger & Hano
Inc.
Co.,
UTILITIES
99,905
*0.374
1,015,849,000
99.905
*0.374
0.374
a
12 years
a
1,698,408,259
14,690,500 100
2 years
1,216,149,300
1,216,149,300 100
'
b
2
'
Union
Power
&
Light
Securities
Corp.;
(Continued
In
we
the
Glore,
Forgan
comprehensive
compare
on page
Co.;
W,
C.
table
on
676)
the following
page
the month of January with the correspond¬
ing period, in the four years preceding,
a
&
Langiey & Co.; Shields & Co.; White, Weld & Co.; Drexel
& Co.; Eastman, Dillon & Co.; Harris, Hall & Co. "(Inc.);
Paine, Webber, Jackson & Curtis; Tucker, Anthony & Co.;
A. C. Allyn & Co., Inc.; Equitable Securities Corp.; Central
Republic
Co.
(Inc..);
Estabrook & Co.; Lee Higginson
Corp.; F. S. Moseley & Co.; The Wisconsin Co.;/Arthur
Perry & Co., Inc.; The Robinson-Humphrey Co.; Stroud
&
Company, Inc.; Alex. Brown & Sons;
Laurence M.
6,977,305,059
Comprised of three sepa¬
maturity, are sold on a
.
Co, first mortgage bonds, 3 V2 %
series, due
1974.
Purpose, refunding.
Price, 105.50 and
int.
Offered by The First Boston Corp.; Smith, Barney
'.*& Co.; Blyth & Co., Inc.; Harriman* Ripley & Co., Inc.;
Lazard
Freres. &
Co.; Kidder, Peabody & Co.; Mellon
Securities
Corp.;
Stone &
Webster and Blodget, Inc.;
~
■
.
*
F have a 12-year matur¬
discount basis, at 74, and yield 2.53%; and series G
have a 12-year maturity,
are sold at 100, and bear 2%>%
interest,
b Comprised of separate issues, designated Treasury notes of tax series
A-1945, series C-1945, series C-1946 and series C-1947.
Series A earn
about 1.92% a year and series C, about 1.07%.
discount
ity, are sold on a
due
&
%
Price
99,905
rate on a bank discount basis, a
of which series E have 10-year
basis at 75. and yield 2.90% ; series
series,
1944,
y\
.
2'% %. equipment
Ry.
PUBLIC
1,698,408,259
14,690,500
10-12 yr.
January
Average
rate
91 days
of
$45,000,000 Florida
1,014,794,000
1944
7
Co.
$10,050,000
$
1943 V.
Deo
Jan
of the Treasury
Applied for
$
Jan
The Secretary
.
$6,977,-
FINANCING DURING 1944
Amount
Due
Dated
at
& Co.,
equipment.
Priced to yield from 0.90% to 2.50%,
according to maturity.
Awarded to Halsey, Stuart & Co.,
Inc.; Ladenburg, Thalmann & Co.;
Otis & Co.; Hornblower & Weeks; First of Michigan Corp.; First Cleveland
$4,015,998,000 leaving
$2,961,307,059.
customary tabulations:
STATES TREASURY
Date
Offered
&
Marquette
series
raised in this fashion.
through all of its operations raised
give below our
priced
Offered by Halsey, Stuart
div.
<fe
of
305,059 in January, and refunded
an additional working balance of
Jan
Loan,
Otis
2,220,000 Pere
624,883,026
and
maturities,
1956-1959
maturity;
to
100
Co., Inc.; Hallgarten & Co.; Cruttenden &
Co.; The First Cleveland Corp.; Dempsey-Detmer & Co.;
Newburger &
Hano; Walter Stokes & Co. and F. S.
76,546,000
415,595,246
ings, very little new money was
which started Jan. 18
and continues until Feb. 15, is not
new
13,530,876
190,894,281
purchase of equipment.
Price: 1945to yield from 0.85%
to 2.20%,
priced
maturities
to
equipment trust certificates, due
RR. 2'%%
Purpose,
according
v
Treasury Financing in January
these
1955
Miller and Co.;
Hayden,
& Co.; G. H. Walker & Co.; Kebbon,
Martin, ..Burns & Corbett, Inc., and
Cummins.
&
4,155,000 Pennsylvania
.
The Fourth War Loan campaign
form part
Wheelock
of Chicago;
Co.;.
&
McCormick
1945-1959.
2,434,300
December-
86,662,467
69,861,543
83,128,500
127,335,693
November-
40,673,226
121,032,738
Co.
McDonald-Coolidge
200,055,800
201,929,609
months-
the
Illinois
The
-
.
9,875,000
October—.
at
,
30,436,500
601,052,716
*
RAILROADS
$3,675,000 Alton RR. -2 VV% serial equipment trust certificates (first
equipment trust of 1944 >, due Feb. 1, 1945-1954.
Purpose,
purchase of equipment.
Priced to yield from 1% to 2.50%,
according to maturity.
Offered by Harris, Hall & Co.
(Inc.); A. G. Becker & Co., Inc.; E. H. Rollins & Sons, Inc.;
51,453,404
September.
Than
Five Years)
101,714,704
22,403,704
August—
Nine
Long-Term Bonds and Notes (Issues Maturing Later
65,579,800
79,311,000
55,165,000
19,174,700
July.—.
Third
Total
72,920,126
Refunding
Capital
-
March-
First
Refunding
10,315,000
28,620,611
29,999,425
122,683,000
'
7.861.000
1,008,933,000
1,017,180,000
bills
bills
bills
Jan
Jan
$
1,014.794.000
1,000,234,000
bills
Jan
New
Indebtedness
Refunding
Accepted
Security
Dated
20,784,940
$
,,
February.
the
2,423,981
439.467,912
■
71,071,229
37,773,350
January-
in
2,940,069
7,517,000
New
Total
$
$
an
3,144.297
1,491,445
.
"
i_
_i
i»
time to time,
MONTHS
55.0
+ 10.4
sold to Adjusted Service Certificates Fund
*1943
1944
Refunding
. _
of the 1943 figures
is
46.6
+
States During The Month Of January 1944
-,.P
.PS*
/\/%/\/»
.i
-
.
2,809,487
+
56,943,229
Capital
'
or
159,822,000
11,330,000
New
and
3,8977389
197,686,000
,
3,801,854
Co. and $45,000,000 issue of preferred stock
the Firestone Tire & Rubber Co. made up the greatest
1942, showing the different monthly amounts of
corporate financing as revised to date. Further revisions
bond issues.
$55,000,000 offering of bonds by the Florida Pow¬
BY
r<
Below we
Of the latter amount $27,867,450
FIGURES
i
ary,
comprised stock issues and $5,100,000
CORPORATE
"'i
& Light
tion and reserve, funds.
public utility issues totaling $55,900,000, one oil issue for
$10,138,900 one rubber issue for $45,000,000 and five
issues for other industrial and manufacturing companies
ary
4,*1*2*478 il
4,1.347684
1,280,215
11,363,252,804
4,900,655,005
five separate issues and
the month.
Municipal issues for January footed up $38,636,871
compared with $17,387,044 in December last and $49,289,682 in January, 1943.
Of the month's total $24,473,771
was for new money purposes and $14,163,100 for refund¬
ing. ' The January, 1943, total is exclusive of $20,000,000
Puerto Rico Water Resources Authority V-k% electric
revenue bonds issued to refund $7,290,000 outstanding
obligations and for the purchase of Porto Rico Railway
Light & Power Co. properties and to provide;construc¬
ing purposes.
The month's total included three equip¬
ment issues for railroads aggregating $10,050,000, three
i;:,:,: :'
5,99*7*251
+40.4
3,203,062
being $8,500,000, representing
5.3% of the total financing for
$90,072,344 for the whole year of 1943.
Of the total for the month, $37,773,350, or 23.5% was
OF
15,305,781
,
239,266,000
'
528,370,542
+
-
portion of the month's financing.
Private corporate financing for January was insignifi¬
cant when compared with the total volume for January
and with like transactions for prior months, the total
monthly total since Septem¬
and $122,683,000, or 76.5% for
6,889,377
+
of
$195,656,013 was reported and compares
$97,365,272 in December, 1943, $10,315,000 in the
month last year and with a monthly average of
SUMMARY
898,129,514
16.2
52.7
295.946,510
4,695,974
1,983,697
4,198,811
•
the first two weeks. The
with the exception of $190,894,281 for
$32,967,450.
38,6047835
20,331,445
+23.7
3,411,993
+
er
ber, 1941, when
for new financing
47,260*423
+ 19.2
8,542*669
4,790,453
699,883,116
Capital Flotations In The United
for the month of January,
11,730,906
+
1,932,796,857
38,114,702,794
19,712,136,584
therefore, was confined to
November, 1943, the largest
+
17,999,486
1,042,576,
,
"+1L5 p|
.
3.541.476
+
1,020,461,784
18,788,370
5,485,437
45,182,141
1,114,498
62,266,630
.
43.8
~+~3~7*3
•
23,9*5*6*786
10,888,921
26,754,331
17,966,138
curtailed due to the Fourth War Loan
campaign which got under way on Jan. .18. The bulk
of the financing for the month, totaling $160,456,350,
month's total was
-
+14.0
7,511,882
18.7
34.5
1943, was sharply
The
+ 66.8
+ 42.3
+ 46.6
-Pi' •*-v-:..:.•• 7:>'.P'PVP 7-
corporate financing
79,027,665
18,471,737
13,924,282
4,581,263
2,241,461,686
46,113,005,138
22,819,658,872
(19 cities)
Total
up
21,863,639
103,454,158
+
4,268,480
19,722,394
—•
The
footing
107,561,886
54.3
21.2
+
wf* * / * y'
"v
70,662*775
17,335,717
Barbara
cities)—
Outside New York
,—i
same
9.3
+
5,399,426
21,832,015
Stockton
with
+
54.4
1,184,683,074
Francisco
Jose
New
5,315,897
+
6,157,154
;
San
Total
—15.6
4,*1*34*585
'
6,315,293
1,504,000
168,888,382
% 3,143,494
80,905,148
13,452,988
20,413,038
Pasadena
Grand
229,447,371
30,052,909
5,942,482
9,172,317
Riverside
Santa
2,036,000
10.2
+
42,753,218
-
Modesto
*
22.2
1,00*0*003
~+ 13*3
7
1,3*13*565
5,2*2*8*940
\1,444,7|53
4,175,349
+ 53.1
"+~34~9
83.897,865
201,877,349 +
6,330,628
6,183,250
38.2
+
6,987,034
11,653,183
.
+
2.207.475
2,814,619
285,186,085
+13.8
15,973,566
Berkeley
Long
'
%
31.6
+
2,823,106
340,804,875
% 5,809,178
6,881,205
1,900,000
285,197,731
8,067,401
117,830,982
25,806,344
V-
,110,176,478 '
v,
District—San Francisco—
Twelfth Federal Reserve
Wash.—Bellingham
;
4,659*118
5,27*7,371
920,928,280
cities)
(11
$
+28.7
133,579,222
Total
1941
$
: ;•
"+25-8
-10,403,000
243,084,282
''
\«:;
....•
2,465,315
17,785,474
2,320,147
21,189,936
2,591,159
21,745,978
.;
La.—Shreveport
+*32.3
..
7.
87,554,126
5,662,840
1,754,095
-
Dallas
y.l;
Dec. %%
$
%
1342
Inc.or
.
3,173,103
7,809,922
5,078,569
287,023,000
31,925,682
32,056,563
8,589,256
10,533,942
10,797,806
8,989,162
1943
.
$
%
Dec
$
Texas—Austin
El
1944
Inc. or
1944
Clearings at—
5
Feb.
Ended
——Week
of
•Month
Monday, February 14, 1944
& FINANCIAL CHRONICLE
five-year comparison.
thus affording
liO
suoenalcsiM tnemsvnI
latoT
,norI
gnip hS rebuR ,dnaL rehtO srot M cilbuP sdaorliR
-
dna
,sgnidlub lairtsudni ,laoc :seitlU
etaropc ,st urt — .,gnidart
rw'ftio
dna
—.cte
.i
L
,gnidloh
.cte
■—
iL
.
_
tnempiuqE ,lets
—
gnirutcafm
_
—-seiroca sreutcafnm ,repoc
—latoT
latoT
r
suoenalciM tnemsvnI
,st urt
-ui
.
cte
-
i_
:
_
.cte
—
_—seiroca
gnirutcafm
:
.
tnempiuqE ,le ts —skcotS latoT suoenalciM tnemsvnI
—_seitlu
,rep oc .- Vj"
,laoc
dna
,gnidart
,gnidloh
—_i
,sgnidlub lairtsudni
cte
—
dna
-sreutcafnm
_
.cte
lio
liO
reb uR ,dnaL rehtO srot M ,norI cilbuP sdaorliR
,norI
gnip hS rebuR ,dnaL rehtO srot M cilbuP sdaorliR
dna
dna
- .cte
,gnidart
,gnidloh —
_.
_i—
—
—
•
.cte _—
.
-
dna
—
—
^—-seiroca —sreutcafnm
,rep oc sddnnaoB
•
,gnidart
;cte
—
:—
gnirutcafm —-L —setoN
—_L
--'i
.—-cte —seiroca sreutcafnm
dna
.
.
*
:
.
-
—
'-.i
detinU mraF rehtO naid naC
es hT♦ dnarG setaS naoL ngierof
dna
serugif .latot
tnempiuqE ,le ts mreT-tohS latoT suoenalciM tnemsvnI tnempiuqE ,le ts mreT-gnoL
,sgnidlub lairtsudni ,laoc -seitlu
,st urt ,sgnidlub lairtsudni ,laoc —.-seitlu HTNOM
—
—
,st urt
_
,norI
gnip hS reb uR ,dnaL rehtO srot M cilbuP sdaorliR
,gnidloh
.cte
.
^
—i —
_—: gnirutcaf m
,.
sdnoB
,rep oc
FO
od
dna
— cte -setoN
—,
—
ton
YRAUNJ
;
—
0 ,0 9 0 ,50.1
0 ,0 9
0,38621
053,24
0 *01,5 0 , 354 0 ,3817 90,04 0 , 5 0 ,38506
0 ,531
09,8310 054,821
0 ,0 9
0 , 126 0 ,015
0 , 354 0 ,3851
0 , 53
nom oC der f P mret-ohS mret-gnoL nom oC der f P mret-ohS mret-gnoL naid C nom oC der f P mret-ohS mret-gnoL citsemoD —etaropC HTNOM
,snoiePsetaS—lpicnuM' tnemrvog tnemrvoG .etaropc
skcots skcots
,tvoG
,seitc
.c&
edulcni
-seicnga
RETCAH
$
0 ,0 9 0 ,5 -01 latipaC
-491 DNA
$
0 , 61 0 ,04 036 5 gnidufeR
deniatbo
yb
sdnob
dna
seton
—
-ngierof skcots
•
-skcots
sdnob
dna
-—:
—
skcots
i_
-.—skcot
-
—
seton
—
FO
sdnob
dna
YRAUNJ
.seton
,.
sdnuf
weN
053,7 3
rehtO
latoT
.V
—
YRAMUS
weN
12, 69 0 ,172 17.342 0 ,5703 053,7 3
052,187 01,246.0 0 ,53 1 latipaC
s
FO
setaS
dna
01,634 0 ,927 Ol7361.4 -y.y 0,38621
GNIPUORG seitlapcnum 12,84302 0, 02 178,63 0,5703
,ETAROP C
-491
$
0 ,38506 0 , 126 gniduleR
-"^y
•
053,6401 0 ,036 0 , 354 09,8310 054,76923 0 ,04 0,95 0 ,5.01
0 ,547 0 ,0 6
0 , 354 09,8310 054,7682
0 ,0 4 0 , 95 0 ,5301
$
latoT
FO
morf
WEN
weN
ycnega
fo
ETAROPC
3491
$
6 ,518~ 0 ,275 0 ,0 71 gnidufeR
0 ,715
SEUS I
NI
$
o6, 67i
052,187 6l~52,18 0 ,547
"
•
latoT
EHT
weN
281,076 281,7 3
tnemrvoG
-7
-3491
$
0 ,715 gnidufeR MRAF
0,57961 0 ,8245 0 ,5862 0 , 09 0 ,715
NAOL
-
281,0467 281,0394 0,5862 0 , 09 0351,0
0 ,5130
207,5861 675, 938 0 ,571 .y"'• 621,0927
283,743, 48,6853 068,5 23 latipaC
S
latoT
068,5 23 6 7051", 0 359" 0 ,081 0 , 051 068,052 0 ,0 2 0 ,052 0 ,98 latipaC DETINU
-
SETA S
219—
06 7 2 " 041,9 4" 6 1 78 gnidufeR
041,6278
60 7 2 ;041,9 4
DNA
weN
weN
$
621,0927 06,517 6 6,59" 0 ,081 0 , 051 062,5192
,TNEMRVOG
0 ,8972 latipaC
0 ,8972
eht
lared F
NGIEROF
latoT
.
yna
latipaC
•
053,64 1
S
v.f
ROF
7;:;
LAPICNUM
-2491—
428~04,3 041,627 8 gnidufeR
GNICAF
$
.'v
$
38,96451 578,653 0 ,573 469,8215
''
03,94851 6 ,05i7 567516" :0 ,720 0 , 51 0O4.962 0 , 02 096,732.89 0 ,98
0,214 6 751", 6 359" 0 ,720 0 , 51 0 , 03 0 , 02 0,5218 0 ,98
$
EHT
latoT
HTNOM
i
Sw
76,8295 236,0241 0351 0 ,8713 540,6 2 0 , 05 0 ,5170 0 ,5930 273,052 723,586
540,651
503,8405
0 ,03 0 ,03
weN
FO
$
503,504
0 ,5 1 0 ,8713 0 ,0 5
0 ,0 5 0 ,5170 0 ,5930 latipaC
-
0,214
ROF
145,2 3 154,3291 0 ,594 09,4851
283,74 3 63982,04
96,8359 20,14 0 ,02 76,8295
240,69 1 03,451 0 ,03 503,84 5 latipaC HTNOM
$
latoT
EHT
weN
$
FO
"
56,7852 596,4132 0 ,738 0 ,2865 0765874 0 ,8943 0 . ,53 03,4291 0 ,97 079,528
$
076,5342 03,093 0 ,741 0 ,764
0 ,0 7 0 ,08 0 , 05 596,1352 596,4781 0 ,738 0 ,2865 0 ,561 0 ,8943 0 , 082 0 ,5831 0 ,974 gnidufeR
-
YRAUNJ 048,27 3 56,7832
-571,32 0,592
ROF
-149
•
0 ,045 079,582 0 ,74 1 596,13 52
S
gnidufeR
-149
YRAUNJ
lF
243,61823 723,5842 0 ,293 0 . 0,6 517,~05l76 0 ,8943 0, 04 03,5941 0 .581,04
517,0 4 '03,9 0 , 871 0 ,0 5
-
0 ,0 7 0308 0 ,0 5
305,74' 0351,9 0329,3 0, 06 6,05172 0 ,8943 0, 3 03567,841 0,5813
$
EV
latoT
SRAEY
weN
817,96453 67, 273 0 , 41 05,21 0 ,041 057,8421 893,13 052.T951 60 ,574" 0 ,041 05,21 0 ,041 057,351
864, 591 07,28
935,142 791,5463 0 ,5123 243,6182
06,4159 0 ,578 249,685
0 ,5176 893,13 latipaC
EVIF
V
weN
.
$
240,63 1 03,4 3 0 , 871 0 ,47503
ROF
latoT
$
817,96453
_.
-;
05,7361 057,382 864, 591 latipaC SRAEY
$
■
I
238,4971 039,751
03, 910 206,39402 03,2653
03,2653
235,4201 039,751
$
0 ,1436 206,39402 gnidufeR
-OHil
760,2891 532,7602 0 ,6o82 238,49731
•
S
$
03^2653 235,401 gnidufeR
[
.
05,46371 0 .578 1 0 ,041 05,21 0636471 05,210 0 ,520 05,38415 0 3574" 0 , 41 05,21 0 , 41 05,6937
0,1892 0 , 481
0365,8 0 ,520
$
latoT
72,6872 0 ,578 71,348 0,82 05,46371
®05,7361 05.6437 0,1892
$
latoT
-0491
Monday, February 14, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
676
bin, Legg A Co.; Reynolds A Co.; Singer, Deane A Scribner;
Starkweather & Co.; Stein Bros, & Boyce; Ball Coons A
McConnick A Co.; Bacon, Whipple A Co.; Bos¬
Loughridge A Co.; Boettcher and Com¬
pany;
Ferris A Hardgrove;. Hayden, Miller A Co.; McDonald-Coolidge A Co.; Pacific Company of Calif.; Whit¬
ing, Weeks A Stubbs, Inc.; Schwabacher A Co.; E. W.
Clark A Co.; Farwell, Chapman A Co.; Folger, Nolan A
Co.,
Inc.; Graham, Parsons A Co.; The Illinois Co. of
Chicago;
Mitchum, Tully A Co.; Hemphill, Fenton A
Campbell, Inc.; J. A. Hogle A Co.;
Kirkpatrick-Pettis
Co., and Kuhn, Loeb A Co.
Kebbon,
Chanute,
worth,
v.
:
&
Dulles
Paine,
McCormick
A
Hayden,
Harden;
A
Hornblower
Kuhn, Loeb A Co.
I
A
Emanuel
Co.;
Co.;
&
\
working
•
Inc.; Granbery, Marache & Lord; Grubbs,
Scott
&
Co.; Hirsclv Lilienthkl & Co.;
Janney A Co.;
Johnston,
Lemon
&
Co.;
Kalman
&
Co.,
Inc.; Kay,
Richards
Pettis
A
Kirchofer
Co.;
Loewl
Co.;
&
A
Piper, Jaffray & Hopwood; Rauscher,
A Blum, Inc.; Sidlo Simons Roberts
Inc.;
Pierce A Co.; Richards
A
Co.;
M.
I.
.i
.
^
:y;'
■.■?;.y;;;-
miscellaneous
Stores, Inc., 3%%
Interstate Department
*$3 000,000
1958.
1,
Nov.
working capital
Sold privately to
Purpose,
debentures, due
($900,000), re¬
Equitable Life
through Lehman Brothers.'
Inc., 3%% first mortgage notes dated
($2,100,000).>
Assurance Society of the u. S.
funding
Stores,
*3,000,000 Wieboldt
1944,
15,
Jan.
due
15,
Jan.
to
1964.
Purpose,
privately with Northwestern Mutual
Placed
refunding.
serially
Life Insurance Co.
Swiss American Corp.; Watkins
Watling, Lerchen & Co., J. G. White
101,389 shares of 4Vt % cumu¬
stock (par $100). ■> Purpose,
offered
F.
S.
Stocks
stocks of a stated par
preferred stocks of no par value and
computed at their offering prices.)
(Preferred
1
,
v
-
:
\
Lines,
Air
10,503.200 United
manufacturing
Inc.
105,032
shares of 4%%
cumu¬
1944.
R-
%•>!■ ■'
'
>
.
,
Redemption Galls and Sinking Fund
Notices !lllll§®:©
and
preferred
common
bonds, notes,
Paper
stocks called for redemption,
called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
Company and Issue—
; Date
.
Page
those
Refining Co., Ltd.—
bends due 1955..2
—
class A stock—:
American Utilities Service Corp,—
;
Collateral trust 6% bonds, series A, dated 1934
Acadia Sugar
4%%
Apr
1st mtge.
American Bakeries Co.,
.
1st mtge. 3s, due 1963—Mar
1
5% notes due 1947—
Apr
Hydro-Electric Co., 1st mtge. 3%% bds. due 1963-Mar
1
1
Apr
..Mar
1
1
Atlanta Gas Light Co.,
(B. F.) A Sons Co.,
Avery
1
Mar 27
v ^"/■;
Feb 29
Bangor
Burlington
preferred stock
—
Mills Corp., 5% preferred stock.....:
California
Electric
Bridgeport Oil Co.
Co.,
Power
1st
trust
Canadian
Caribbean
346
546
*
547
Apr 1
Foreign Investment Corp. preferred stock....Apr
1
Sugar Co., 1st mtge. 7% bonds due 1941—Feb 15
Ohio Ry.—
/
4s, series A, due 1965——
$1728
■ , *>'
> 347
Carolina, Clinchfield &
1st
mortgage
1
—Mar
refunding mtge. bonds—..Feb 29
Central States Power A Light Corp.—
1st mtge. A 1st lien 5%% gold bonds due 1953—..—Feb 14
Chicago & Western Indiana RR.—
1st & ref.
bonds, series D, due 1962—
.—Mar 1
Central Pacific Ry. 1st
5% conv. preferred stock..:
■ '
Community Public Service Co., 1st mtge. 4s due 1964..—Mar 1
Connecticut River Power Co., 1st 3%s, ser. A, due 1961__Feb 15
Consolidated Oil Corp., 3%% debentures
u_.___.Feb 23
Consolidated Title Corp. collat. trusf 6s, due 1951
Mar 1
Cudahy Packing Co.—
1st mtge. 3%% bonds, series A, due 1955
1
....Mar 1
Convertible 4% debentures due 1950..——
—Mar 1
Collins A Aikman Corp.,
bonds——————Feb 16
Deep Rock Oil Corp., 12-yr. 6rk debentures due 1952—Mar
1
Dow Chemical Co., 5%
preferred stock—.
Feb 15 1
Dallas
Park
Apartments, 1st mtge.
Durham Public Service
Ref.
mtge.
Co.—
Elgin, Joliet & Eastern Ry.——
1st
3 V4s,
mortgage
series
Firestone Tire A Rubber Co.,
Florida
A
Power
preferred
$7
1st
mortgage
$6
stock
5%
bonds
...
1
—Mar
.Mar
1
1
$2249
\
548
348
548
®
548
459,000 First Boston
$25.50
*5,270,000 Helch
Co.,' 1st mtge. 4%s, due 1956
Inc., 10-yr, 5%
Feb 14
350
350
29
*
446
11
550
*
(par
52,700 shares of 4 % % cumulative preferred
$100).
Placed privately with several insur¬
through Goldman, Sachs A Co.
companies
ance
681,000 Mississippi
(par $1).
Co.
Walker A
10,000 shares of $2 cumulative convertible
Price, $29% per share.:; Of¬
250,000 Rayonier, Inc.
stock (par $25).
Blyth A Co., Inc,
preferred
fered
by
Inc. 5,000 shares
stock (par $25).
125,000 Rayonier,
preferred
fered
Co. 227,000 shares of com¬
Price, $3 per share.
Offered by G.
Barge Line
Valley
stock
mon
,
of $2 cumulative convertible
Price, $29% per share.
Of¬
Blyth A Co., Inc.
by
200,000 Republic
Steel
$100),
Price, $89
Pressprich A Co.
(
.
stock (par
with R. W,
2,000 shares of preferred
Corp.
per
share.
.
Originated
5,842,500 Rochester Telephone Corp. 380,000 shares of common stock
(par $10),
Price, $15,375 per share.
Offered by First
Boston Corp.;
Union Securities Corp.; Smith, Barney A
White, Weld A Co.; George D. B. Bonbright A Co.;
Sachs A Co.; Kidder, Peabody A Co.; Merrill
Pierce', Fenner A Beane; Stone A Webster and
Blodget, Inc.; F, S. Moseley A Co.; Tucker, Anthony A
Co.; Sage, Rutty A Co., Inc.; Lee Higginson Corp., and
Little A Hopkins, Inc.
/ft Co.;
Goldman,
Lynch,
•
„
1193,531 Safeway Stores, Inc. 4,449 shares of common stock (no
par).
Price, $43% per share.
Originated with Reynolds
A Co. and Lehman Brothers.
;
52,950 South
$44%- per share.
Price,
Inc.
v;
;
*
Corp. 6,000 shares of common stock
$6.25 per share.
Offered by Blyth A
Symington-Gould
(Par Sli.
Price,
37,500
1,200 shares of emmon stock: (par
Offered by Blyth A Co.,
Oil Co.
Penn
$25).
1
Co., inc.
■
:
$14,759,867
•Issues
tlndicates special offering,
placed privately,
mtge. 6% bonds, series A, due
A ref.
1st
1
mortgage 6s due
^Announcement
1959
12198
1947—_
this issue,
in
fin Volume
158,
1
1
1
1
Products
Dividends
1st
mtge.
bonds due
1st
mtge.
*
Mar
...
334s, series B, due 1955.
—Apr
Co., 1st mtge. 5s, due 1952.____.Mar
ref. mtge. series A bonds, due 1961_Feb
Further details and rec¬
paid.
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
Department" in the week when
Investment News
and
declared.
The dividends announced this
week are:
1
"
•
Industrial and Miscellaneous Companies
1
1
23
Oil Corp., 3%% debentures, due 1949...Feb 24
Inc., preferred stock.:
—
—Mar 20
Park & Tilford,
Pennsylvania Gas A Electric Co.—
1st lien A ref. mtge. ser. A 5%%
Phoenix
Hosiery Co.,
1
..Mar 1
—.Feb 21
bonds dated 1925__Mar
preferred stock..
Ltd., 6%, debentures.....
Price Bros. & Co., Ltd.—
,
4% 2nd mortgage conv. debs., due 1957—
Reliance Mfg. Co. of 111., preferred stock—.—
Richmond Terminal Ry„ 1st mtge. 3%% bonds due
Rochester A Lake Ontario Water Co.— '
Name
Acme
Steel
Adams
Co.
Oil
(quar.)
When
Payable
of Reo.
3-11
2-23
2-24
4- 1
3- 1.'
2-J1
3-15
2-21
Ohio,
common,
Agricultural
Alabama
Aluminum
of
Co.
American
American
Fork A
1st
mortgage
bonds.—
—...
——Feb 29
29
Pacific RR. Co., 1st refunding mtge. bonds...Feb
Southwestern Light A Power Co.—
1st mtge. bonds, series A, due 1969
:
Feb
Springfield City Water Co., 1st mtge. 4s, ser. A, due 1956—Apr
Struthers Wells-Titusville Corp.—
.
29
.Apr
1
due 1949
,—
Tennessee Consolidated. Coal Co.—
'
Purchase money 1st lien 6% bonds dated 1920
1st
mortgage 5%s,
4% %
Gas
Public
Farms
preferred
7%
7%
Atlas
Gear
.-Mar
1st mtge. 30-yr.
1
1
1
15
14
25
15
$1.65
conv.
Avondale
3- 1
2-19
...
25c
75c
3-1
3- 1
3- 1
3-17
(quar.)
....
—u
Works—
preferred (quar.)
(monthly)
Mills
2-29
3-1
'
.3- 4
3-8
3- 1
$3.71
10c
$1.75
25c
preferred (irreg.);
common——
preferred
1-27
3-20
2-19
;—6y4c
Imperial Diesel Engine
Automotive
2-16
2-15
3-29
3- 1
$1.75
:
Corp.,
3-15
4- 1
10c
(accum.).
(s-a)
Arizona Power, $6 non-cum.
Artloom
pfd.
(quar.)—
Extra
3-15
$1.183/4
(irreg.•
Securities
Service,
Co.
(quar.).
(quar.)—,.,
American
$3
common
4- 1
4- 1
3-15
3-15'
40c
■
Electric,
&
Investment
2-19
3-10
3-17«
15c
$1
(quar,)..
Hoe
preferred
Arden
Inc.
(quar.)
2-19
"
.
.
6% bonds due 1956-Mar
Tubize Rayon Corp., 7% cumul. preferred stock
—..Apr
Union Investment Co., 5% conv. debentures due 1946—.Mar
Woiicp.. Oal A Ice Co.. 1st mtge. notes due 1945
Feb
West Virginia Pulp A Paper Co., 1st mtge. 3s due 1954—Feb
West Virginia Pulp A Paper Co., 6% preferred stock
Feb
Texas Power Corp.,
1
Industries,
American
3-10
50c
$1.50
20c
25c
Goods
Aluminum
75c
$1.50
common——.
(quar.)
Mfg.—
preferred
American
1
Service Co., 1st mtge. 5s, due 1959-— Feb 25
Pacific Co. San Francisco Terminal—
r"~ .
Southern
6Vr
:'
———————
America,
Chicle
1
Louis Public
75c
(quar.)——...
$6 pfd. quar.)—i
Service,
1951
——,——Mar
Roman Catholic Episcopal Corp. of Ottawa—
4% bonds due 1944-1955—
—
Mar
due
of
for each four shares held
Insurance
Water
Aluminum
5s,
'.
....
.
Liquidating—one share of Standard Oil
1
1
1
mtge.
of Company
Gas—
&
Mar
Apr
1965-Mar
1st
Holdera
Per
share
Ozark Power A Water
Pacific Electric Ry.,
Pacific Western
In the
we
which have not yet been
Corp.—
1957
Oklahoma Natural Gas Co.—
grouped in two separate tables.
are
bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
first
convertible debentures..
Mar 1
7-yr. 3V*%
sinking fund debentures—
Mar 1
New Jersey A Hudson Ry. A Ferry Co., 1st 4s due 1950_Mar
1
Nivelle Corp., 1st mtge. s, f. loan ctfs. due 1952
—P'eb 10
Northwestern Barb Wire Co., 1st 5%s due 1945—
Mar 15
Nova Scotia Light A Power Co., Ltd.—
...
15
15
Distillers
Southern
549
Inc.
Co.
stock
1st
10-yr. 3V2%
348
548
213
214
■
18,000 shares of capital stock.
Price
Offered by Stone
A Webster and
Corp.
share.
per
'.'■Blodget,
Winnipeg Electric Co., contingent certificatesYork Corp.—York Ice Machinery Corp.—
mtge. 4% bonds
i
^_Feb 14
Los Angeles Pacific Co., 1st ref. mtge. bonds due 1950__Feb 23
Lukens Steel Co., 4%% debentures, due 1952
Mar 1
Master Electric-Co., 3%% debentures due 1953
Mar 1
Minneapolis A St, Louis Ry., i% gen. mtge. inc. bonds_May
1
Minnesota Transfer Ry„ 1st mtge. 3%s due 1956—
Mar 1
St.
108
'
Western Massachusetts Theatres,- Inc.—
Funding and improvement
548
—Feb 15
Feb 11
bonds, series A, due 1955—
Porto Rico Power Co.,
.
...Feb
—.Mar
deb. due 1946——Mar
Northern Power Co., 1st mtge. 5s, due 1950
—Mar
F.)
Gotham Hosiery Co,,
Great
Apr
A, due 1970——.
6% pfd. stock, ser. A
cumulative preferred stock—....
(B,
348
Light Co.—
Gaylord, Inc., income mtge. bonds dated 1936
General American Investors Co., Inc.—
Goodrich
107
'
bonds, series A, due 1949
7%
211
New Financing
Corp. 91,577 shares of common
$18 per share.
Offered by Allen
Electric
Price,
Lehigh Coal A Navigation Co.—
National
10G
546
bonds
mtge.
1956
due
"
441
Ref. mtge. 6%
&
par).
Co.— '
i
Mar
Iowa Pwr. A Light Co., 1st mtge. 4%s, ser. A, due 1958—Mar
Iowa Power A Light Co., 1st mtge. 4s, due 1968——Mar
Journal of Commerce Corp., 10-yr. 6%% notes, due 1947-Mar
Kresge Department Stores, Inc., 4% 1st pid. stock.....Mar
.
(no
Company and Issue-
1 '
Hamilton Mfg. Co., 1st mtge. 5s,
International
including
of 4>/2%
.
>a Co.
The
and Issue—
Gas
stock
(par
' ' • .
Date
dated 1936——'——Mar 1
Hawaiian Irrigation Co., Ltd., 6% bonds dated 1909
:JuIy
1
Hudson River Traction Co., 1st mtge. 5s due 1950—Mar
1
Interlake Ircn Corp., 10-yr. 4% conv. debs, due 1947—Mar
1
Company
found a list of corporate
shares
450,000
stock
House A Co.; Estabrook A Co.; Fahey, Clark A
First Cleveland Corp.; First of Michigan Corp.;
Parsons A Co.; Carl M. Loeb, Rhoades A Co.;
Maynard
H. Murch A Co.;
L. • F. Rothschild A Co.;
Schwabacher A Co.; Chas. W. Scranton A Co.; Stifel, Nicolaus
A Co., Inc.; Stroud A Co., Inc.; G. H. Walker A Co.;
Wertheim A Co.; Whiting, Weeks A Stubbs, Inc.; The Wis"'!• consin Co.; Bacon, Whipple A Co.; Dick A Merle-Smith;
Equitable Securities Corp.; J. J. B. Hilliard A Son; The
Illinois Co. of Chicago; Kebbon, McCormick A Co.; MackuCo.;
fiscal agent.
Not Representing
Issues
Graham,
purposes.
Below will be
Co.
0.75% dated Feb. 1, 1944, due July 1,
refunding.
Price, par. Offered by Charles
;^v- VV/,;v;; v.;
Purpose,
Dunn,
$1,648,386 Derby
Curtiss,
,
t
(par $100).
Purpose, general cor¬
Price, $100 per share.
Offered—First
offered
for
subscription
to
stockholders; unsubscribed
portion offered by Harriman Ripley A Co., Inc.; Blyth A
Co., Inc.; Hornblower A Weeks;
Smith, Barney A Co.;
Lehman Brothers; Merrill Lynch, Pierce, Fenner A Beane;
Drexel
A Co.;
Paine, Webber, Jackson A Curtis; Dean
Witter A Co.; A. G. Becker A Co., Inc.; Dominick A Dom¬
inick; Glore, Forgan A Co.; Lee Higginson Corporation;
preferred stock
lative
porate
Rubber
preferred
Issues
$15,125,000
1944;
'
-
$100).
Purpose,
refunding.
Price, $100 per share.
Offered by Harriman
Ripley A Co., Inc.; Otis A Co. (Inc.); Blyth A Co., Inc.;
Lazard Freres A Co.; Lehman Brothers; The First Boston
Corp.; Glore, Forgan A Co.; Smith, Barney A Co.; Gold¬
man,
Sachs A Co.; Merrill Lynch,
Pierce, Fenner A
Beane;
Union Securities Corp.;
Hayden, Stone A Co.;
Kidder, Peabody A Co.; Lee Higginson Corp.; Stone A
Webster and Blodget, Inc.; Hayden, Miller A Co.; Drexel
A Co.; Hornblower A Weeks; F. S. Moseley A Co.; Paine,
Webber, Jackson A Curtis; Spencer Trask A Co.; Tucker,
Anthony A Co.;
Hawley, Shepard A Co.; v McDonaldCoolidge A Co.; 'Hemphill, Noyes A Co.; W. C.' Langley
A Co.; E. H. Rollins A Sons, Inc.; Merrill. Turben A Co.;
A. C. Allyn A Co., Inc.; A. G. Becker A Co., Inc.; Blair A
Co., Inc.; Alex. Brown A Sons; Central Republic Co., Inc.;
Coffin A
Burr, Inc.; Dominick A Dominick;
Eastman,
Dillon A Co.; Field, Richards A Co,; Harris, Hall A Co.,
Inc.; Laurence M. Marks A Co.; The Ohio Co.; Putnam
A Co!; Riter A Co.; Dean Witter A.Co.; Baker, Weeks A
Harden; H. M. Byllesby A Co., Inc.; Clark, Dodge A Co.;
Corp. 150,000 shares of common stock
(par $1).*
Purpose, working capital and other corporate
purposes.
Price, $11%
per share.
Offered by Van
Alstyne, Noel A Co.;
Merrill Lynch, Pierce, Fenner A
Beane;
Hornblower A Weeks; Johnston, 'Lemon A Co.;
Dominick A Dominick;
Hemphill, Noyes A Co.; Paine,
Webber, Jackson A Curtis; Boenning A Co.; Paul H. Davis
A Co.; Reynolds A Co.; Cohu A Torrey; R. S. Dickson A
Co., Inc.; Graham, Parsons A Co.; Boettcher and Company; Hayden, Stone A Co.; Bingham, Walter A Hurry;
Grubbs, Scott and Co.; Buckley Brothers; Mitchell, Hutchins A Co.; Dempsey-Detmer A Co.; Bond A Goodwin,
Inc.; Emanuel A Co.; Taussig, Day A Co., Inc.; Mead,
Irvine A Co.; Robinson, Miller A Co., Inc.; Allen C. Ewing
& Co.; Andre de Saint-Phalle A Co.; Ryan-Nichols A Co.;
Kebbon, McCormick A Co., and Francis I. Du Pont A Co.
'
•
&
cumulative
series
Plywood
$1,781,250 Atlas
Tire
$45,000,000 Firestone
while
all classes of common stock are
industrial and
other
|
value are taken at par,
•
Loan and Government Agency
Farm
H.
;;
& Fordon, Inc.;
A Co., Inc., and
'
$30,705,000 Federal
Intermediate Credit Banks consolidated deben¬
tures, $15,530,000 0.90% dated Feb. 1, 1944, due Nov. 1,
preferred
"rubber
Moore & Co.; Stix A
Co.; Smith,
A
Simon
Co.;
.
Blyth A Co., Inc.; H. M.
Byllesby A Co., Inc.; Coffin A Burr, Inc.; Curtiss, House
A Co.; J. M. Dain A Co.; Paul H, Davis A Co.; Estabrook
A Co.; Fahey, Clark A Co.; Field, Richards A Co.; First
Boston Corp.; First Cleveland Corp.; Harriman Ripley A
Co., Inc.; Harris, Hall A Co. (Inc.); Hawley, Shepard A
Co.; Hayden, Miller A Co.; Hayden, Stone A Co.; Hornblower A Weeks; W. E. Hutton A Co.;
Kidder, Peabody
A
Co.;
Lee Higginson Corp.; Mackubin, Legg A Co.;
McDonald-Coolidge A Co.; Laurence M. Marks A Co.;
Mellon Securities Corp.; Merrill Lynch, Pierce, Fenner A
Beane; Merrill, Turben A Co.; Morgan Stanley A Co.;
Maynard M. Murch A Co.; The Ohio Company; Paine,
Webber,
Jackson A Curtis; Arthur Perry A Co., Inc.;
Shields A Co.; Smith, Barney A Co.;
Union Securities
Corp., and White, Weld A Co.
.
$5,100,000
Arnold, Inc.; KirkpatrickE. Masten & Co.; Metro¬
St.
Christensen,
Miller
Moseley A Co.; Blair A Co., Inc.;
V,
&
A.
Co.;
Louis Co.; Minsch, Monell & Co.; Berwyn T.
Moore & Co.,
Inc.; Moore, Leonard & Lynch; Nashville
Securities Co.; Newhard, Cook & Co.; Peters,, Writer &
politan
The Wisconsin
etc.
Price, 100.
Offered—First
unsubscribed portion offered by
capital,
stockholders;
to
L. Emerson A Co.; Farwell,.
Nolan A Co., Inc.; Glover &
H.
Co.; (Folger,'
&
MacGregor,
OIL
(Ohio)
Oil Co.
convertible
lative
Co.,
Co.;
A
Chapman
■
$10,138,900 Standard
Pomeroy,
Bioren A
bright
Wyeth A Co.
-
&
The Bankers Bond
Co.;
Bankamerica
Co.;
Co,,\ Boettcher A, Co.;.George D. B. BonBosworth, Chanute, Loughridge A Co.;
Campbell, McCarty A Co., Inc.; Cohu A Torrey; Gray,
McFawn A Co.; J, M. Dain A Co,; Doolittle, Schoellkopf
Inc.;
A Co.;
A Co.; Bacon, Whipple A Co.; Kehbon,
Co.; Scott, Horner A Mason, Inc., and
Walker
H.
G.
Webber,
Weeks
Baker,
Co.;
Hemphill, Noyes A Co.;
Jackson A Curtis;
Co.;
A
Weeks;
A
Son A Co.;
of California;
Woodard-Elwood & Co.; Wurts,
Inc.; Weeden A Co., Inc.;
.
Stone
Secur,;. Corp.;
Laird, Bissell A Meeds; W. H. Newbold's
O'Mclveny-Wagenseller A Durst; Pacific Co.
Reinholdt
A
Gardner;
Schoellkopf, Hutton
Virginia Pulp & Paper Co. 155,830 shares of cumu¬
preferred stock,' 4% 'k series (par $100).'
Purpose,
refunding.
Price, $105 per share and div.
Offered in
exchange to holders of 6% preferred stock, unexchanged
portion (25,200 shares) offered by Harriman Ripley A Co.,
Inc.; Blyth A Co.,
Inc.'; Kidder, Peabody A Co.; Alex.
Brown A Sons; First Boston Corp.; Goldman, Sachs A Co.;
Lehman Brothers; Smith, Barney A Co.; White, Weld A
Co.; Drexel A Co.; W. E. Hutton A Co.; Lee .Higginson
Corp.; Merrill Lynch, Pierce. Fenner A Beane; Stone A
Webster and Blodget, Inc.; Union Securities Corp.; A. G.
Becker A Co., Inc.; Harris, Hall A Co.
(Inc.); Hayden,
;
R/ S.
Co.;
A
Ferris A Hardgrove; Hill A Co.;
Johnson, Lane, Space A Co., Inc.; Edward D. Jones A Co.;
lative
;•
Courts
Co.;
Dominion
15,583,000 West
/
Butcher & Sherrerd; E. W. Clark
Dickson & Co., Inc.; The
Co.; Biddle, Whelen A Co.;
41%c
7c
:_
6%* pfd. (quar,)—w
7%
1st preferred (quar.):
...
Barlow A Seelig Mfg., $1.20 class A (quar.).
Bigelow-Sanford Carpet Corp., com, (quar.)
6%
preferred (quar.)...
$1.50
$1.75
Bangor Hydro Electric,
30c
.
50c,,
$1.50
,
3- 1
4-1
4- 1
4- 1
3- 1
3- 1
3- 1
2-15
2-15
2-15
3- l
•
2-19
3-15
3-10
3-10
2-15
2-18
2-18
'.
Volume
159
Billings & Spencer
Black-Clawson, common
,
"
6%
.
6'i
Tobacco,
preferred
—
(quar.)__
:
Brunswick-Balke-Collender
$5
preferred
Buffalo
Canada
Inc.
St
f; .Canada
(Los
Y
.
'
6 Va %
6%
Case
1
IWtn.i
(J. I.)
l'/o
preferred
West
2-18
2-18
2-19
1
3-
Nebraska
1
6 7
3-20
1
2-15
Newport
1
3-15
Nineteen
3-15
2-29
Noma
Electric
2-29
North
American
3-15
3-10
3-
;•
$4
3-
Y 4-
3-
3
5% 7'
67"
(accum.) ——-——;•:
$1.50
32-
1
25c
Y
(quar.JY
Trust1 Shares (irreg.I.-!————-'
3-
Collateral
y: V Collins
1
.
5% '
—
Aikman Corp!,
&
$1.25 Y
Consolidated Bakeries
of Canada
Consolidated Laundries,
i
-
.
$7.50
preferred
7 Continental
Can
Continental
Copeland
Cottrell
Capital
.
7,
2-18
r
Package
2-25!
Packard
Parker
1
$1.25
Pfizer
3-
1
1
3-20
2-29
2-18
*
1-
3-
—77
3
2-18
Powdrell
2-18
1
Provincial
Y': 2-23
3-
1
Y
3-
1
_ _
Amer. deposit rets, for ordinary regis.—i!- :
llVac:
Doniinguez Oil Fields (monthly)
Y-".. 1 25c
3-
4.
:Y4-
$1.50;
:
^Oc
,
2-
6
..guaranteed
25c
3-
.
1Y V
3- 1
Risdon
Fishman
.
(M. H.)
Co.
2-19
'
•
•
t$2
General
V
America
General
Corp.
,'
preferred
$5
General
iviiiJV
tionali,
cash
2nd
;"
(increased
pfd.
$6
■
of North America
Guarantee Co.
"
,
Harbison-Walker
3-18
3-10
Y $1.50
3-
(quar.)
3-
50c
'
.
$2
3-
•
-v
2-17
2-15
Y
3
1-15
1
2-17
,
.
y
Hiawatha Oil & Gas, 5pfd. A (quar.)^i'— •YY 12 Vac
K' Hibbard Spencer & Bartlett & Co.; (monthly I Y.vY Y. 15c
'
Hobart
Manufacturing, class A
Hollander
Home
(A.)
& Son
*:v vV 6'1
convertible preferred
•
International
Nickel
(quar,
3..
Y
4 Va
preferred
,
.
pfd.-—,r-
Y
(quar.)—————-—V-—
(quar.
Products
.
1
Co.
&
3-10
3-20
5-
1.
1
4-
6
4-17
1
4-
3-
•
.
6
4-
.
'?:■ Y2-29:
1
4-
■
3-
50c
'f
$1.25
Y':
$1.25
:'
Kansas Power, $6-preferred;(quar.
r
:
1;
33-
3
3-3
.
$1.50 Y
3
•
3-20
$1.75 *
4-
1
20c
Seeley Corp.—il-—__
i Knudsen - Creamery,; 60c
preferred ( quar. )_1'f': 15c
10c
j■[ Kysor Heater (quar.) *
La Salle Wines & Champagne (irregular)_li:^Y
7Vac '
Lake Superior District Power, 57' pld. tquar.'l'
$1.25
3-
8
Hi
(quar.)—^ 111 __c——_-—
preferred
$7
••
Y
King
2-25
•
2-15
Landis
js ;
.*■
•
Machine,
common
Common
r
u-i,.—-—
(quar.)
25c
25c
.
2-11
2-25
2-15
HVpt- 25c
3-15
.
—
Lane-Wells' Co.." 1;—
Oils
Ltd.
(I.)
Magnin
Co,
industrial
50c
lire. —
Y
$1.50
$6
preferred
Merchants
Metal
Metal
1
$3.25
208
South
Tyer
■
La
Rubber,
Salle
67
Aircraft
15c
3-10
2-25
'•
$1.50 :
3-15
15c
25c
$1.50
»Y 3-
4.
3-15
Y
2-29
3-
1
2- 3
30c
Midland
Missouri
Car
Mutual
—__
—
.
5V2 7?
3-
3-31
U;
S.
2
2-21
$15c
3-
1
2-10
50c
3-2
$1.50
4-1
3-10
3r
3
2-
7
$1
3-15
3-
1
35c
2-15
2-
1
3-
1
2-11
3-
1
2-11
$1.75
3-
25c
25c.
.
2-19
1
2-11
3-10
2-15
,75c
3-
1
2-15
$1 Va
3-
1
1-28
25c
3-15
2-21
3-10
2-29
25c
common>
t5c
2-29
3-
2-15
1
2-10
$1.50
3-10
3-
$1.05
—
3-
2-14
pfd, (s-a)„
(N.
1
1
Y.)—
10c
—;
2-
1
2-15
2-
1
5c
—
(irregular)-
2-15
5c
——
*
3-
1
2-15
3-1
2-15
1
1
2-21
3-
preferred
(quar.)
:
77
$3
:—
8-10
4-
50c
1
2-
3-15
57
Blue
27 Vac
4
1
3-
L
;Y 3-10
(s-ai———„_
$1.50
(s-a)
option
(cash
stock).
B
—
pfd.
(quar.)
l/32nd
or
class A
-
1
2-17
Bourjois, Inc.,
$2.75
3-
1
2-15
Bower
3-23
3-13
Brach (E.
Company
Roller
50c
Wamsutta
Warren
Mills
Semi-annual
———J
(quar.—
(Northam)
Wellington .Fire
Corp.,
$3
Insurance
pfd;
Wheatley
Willson
Wilsil,
77
1
2-
8
3-15
3-1
8-15
25c
Power
2-15
32-
10c
:
y:
:
& Light, 67? pfd. (quar.)^
(quar.)---—^
20c;
'
$25c
1
2-21
1
12-29
3-10
2-29
4-
3-
1
1
3-15
$1.75,
3-15
2-29
.
2-29
we
in previoui
The list does not include divi¬
these being given in the
Per
When
1
thare
Name of Company
Industrial
and
Miscellaneous
Payable
Acme
!___—__
(quar.)——_—
25c
3-
1
2-15
$1.25
3-
1
2-15
Agnew-Surpass Shoe Stores, common (s-a)_7% preferred (quar.)-
Wire
Co.
firregular
—_
—-
m
Holdern
of Rec.
Companies
2-15
1-31
|50e
3-1
1-31
f$1.75
4- 1
2-29
2-18
2-15
2-25
2-12
'
;
2-19
2-25
2-15
2-15
2-
3-20
3-10
4-
3-11
50c
37 Va c
1
1-31
1
$lVa
3-31
3-24
,15c
2-15
2-10
150c
3-10
2-25
Tobacco-
(final)——
preferred (s-a)_
———
;
—
Broulan Porcupine Mines (interim)
Shoe Co.
(quar.)—
—'
Brown
:
Bruck
Buck
Silk
Hill
Buckeye
Budd
Mills/Ltd.
(interim)
r.————
Falls
Pipe
(E.
G.)
Co. (quar.)
Line—
—
Mfg., $5 prior pfd,
Bufill. Die & Machine (quar. )
Bunker Hill & Sullivan Mining &
Reduced
57
Mills
preferred
Corp.,
—
(quar.)———
Concentrating
12 VaC
(quar.)_„
Butler
57
Brothers,
common
(increased) i—
(quar.)
——
convertible
preferred (quar.)—
Butler Water, 77 preferred (quar.)
Byron Jackson Co. (quar.)—
'
California
California
57
67
Electric
Packing,
preferred
Water
Power
Co.
common
—
(quar.)
preferred B
2-
1
2-14
3-
1
2-14
20c
3-
4
2-
15c
3-
1
2-10
3 7 Vac
3-
1
2-10
2
4
$1.75
3-15
3-
25c
2-15
1-29
10c
3-
2-15*
1
1
50c regular and 50c extra
1-31
2-15
1-31
37 Vac
2-15
1-31
37 Vac
(quar.)____
2-15
62 V2C
pfd. A (quar.)
Calif.-Western States Life Insurance
tion)
1
3-
37 VaC
(quar.)
Service, 67
3-
40c
$1.25
common——
Burroughs Adding Machine
California
50c
1
1
68 %c
(quar.)
—
give the dividends announced
1-31
33-
16c
———
Burlington
Below
2-15
50c
—
(quar.)__
—
$1.50
3-15
3-15
$1
Corp., Class A (accum.)_
57
2-10
50c
—
preferred
Ordinary shares (interim):
2-21
3-15
3-
3-31
3-31
50c
'
;.i
Co.
Bristol-Myers Co. (interim)Brooklyn Edison Co. (quar.)
8-11
2-15
25c
(quar.)_„
preferred
Y
1
lc
2-11
1
50c
& Sons
Ordinary shares
2-11
Brake—
Rubber
Bearing
British-American
2-15
2-15
3-
Airways, Inc.—
Brewing Corp. of Amer. (quar.)—l—
1
75c
—
G.)
&
Braniff
i }$1.75
Supply (quar.)—
Oil
(monthly)
Mayonnaise
Wisconsin
Brandon
2-19
50c
—
Products, Inc.;(quar.)—
Ltd.
2-19
3-15
|$1.75
(quar.—
(s-a)-__-
•
Auto.
»3-15
2-
3-20
40c
(interim)
Manufacturing Co.—
Fund, Inc, (quar.)——.
20c
2-
2-15
3-20
,
—
4
2-10
1
3-31
J15c
|4c
3-
2-10
3-
3-31
75c
—
Hose
75c
2-15
1
25c
(quar.)_
(initial)—
Boston
$2.25
1
8
of
Boston Woven
Y
3-
—
share
2-17
—J._
1
2-15
62 Va C
2-19
•
2-
3-1
2-
3-
12-31
37 Vac
——
1
;
2-15
50c
*
—
1
:
1
75c
Laughlin, Inc.-—„———„
3-
—
2-
(reduced s-a)_„
3-
Building
2-15
?;
—————
common
Borden
Wacker-Wells
2-15
75c
(quar.)
Co.,
5-26
(Walker Manufacturing Co. of Wise.—
$3 preferred
(quar.)___:
:
$3
preferred (accum.)—.
3-15
40C
2-25
>
2-18
15c
common—-;
preferred (quar.)—
Ridge Corp., $3 conv.
Boss
2-7
2-25
25c
6- 9
$1.50
4
I
——
3-10
L_
34-
:
$1.50
pfd. (quar.)
$2
(quar.)'—
1-25
—
67
$2
Paper Factories—
1-25
2-15
$1.75
u___
:Y,
50c 'Y
Co., -common
Y- $1.75
77
preferred (quar.)
'
Vick ChemicaBCo. (quar. — __!_■_. Y7
50c
Virginian Railway (quar.)-1-.
62 VaC
!—
1-31
1-31
2-15
Co.—
(resumed)—
preferred
&
Class
2-19
Machine
preferred————.
preferred
2-19
2-15
2-15
40c
—
&
preferred—
Wall
1
J 15c
L
common—
non-cumulative
Raalte
3-
1
40c
non-cumulative
67" prior
2-19
;
87
Van
1
—
8 7
United
3-
$5c
Foundry
Blue Top Brewing,
2-25
.
1-31
2-
$1.25
——
——-,j_
common
2-17
3-
70c
50c
.
3-
3-
■
(s-a)
Holders
2-28
(irregular)
common
$$2
$1.75
———
Sons
preferred
57
3-10
2-15
25c
2-17
20c
(quar.)
Steel
(E. W.)
Bliss
1-31
$1.50
(quar.)_-
2-15
2-15
3-
71.
J.--.
preferred
67
11-10
1
3-
3-
30c
!
—
(quar.)——-—
preferred
Bliss
5-10
8-15
Co.
Blauner's Inc.,
2-10
3-
1
37'/a C
(quar.)—
—
Irregular
2-10
11-15 '
&
Blair & Co., Inc.
5-15
:
2-28
t25c
37'/a c
Birmingham Water Works,
2-15
25c
(John)
&
2-15
25c
7
3-
(quar.)—
(reduced)—
(quar.)
Birdsboro
2-25
7
5
2-
2-15
preferred
Bethlehem Steel Corp.,
2-21
3-
2-
2-15
3-10
common
convertible
2-20
$1
15c
Paper, class A
Extra
2-21
3-
&
preferred
Best
2-19
50c
10c
(quar.)_
——:
Insurance
(quar.)
Extra
2-10*
1
15c
(quar,)
Shippers
Oil
Power
Bertram
1
3-
23c
preferred (quar.)_
472 7 preferred (initial)
Rubber Co.,
„
am
3-
Bohack (H. C.), 7%. 1st preferred
(accum.)_
Bond Stores (quar.)
2-19
il
15 c
(accum,)
Insurance
$5
2-11
3-
2-29
—
2-1
http://fraser.stlouisfed.org/
Federal Reserve*T"'*wTiMWIIii Louis
ififl &H Bank of St.
2-21
3-20
3-10
3-10
——
Works, 7 7
$7
2-25
Y. 3-15
:
2-15
preceding table.
3-10
6-24
3-30
Belding-Hemingway Co. (quar.)
Fine Spinning Assoc.—
3-20
3-15
•YYY 12.5c ::
1
.
3-31
3- 3
(quar.)
2-15
25c
6-24
7-
10c
Berkshire
25c
2-19
35c
$2.25
—
40c
Manufacturing Co.
Belding-Corticelli (extra)
y 2-21
Y 3-18
$1.75
•
7-
—
-
Mills,
$1.50
2-15*
3
3-15
10c
(quar.).
common
1
1
———
Belden
2-21
$65c
2-
common
3-
1
convertible
United Airlines,
•
—f.
3-
1
75c
—
(s-a)
&
Beaunit
2-18
2-18
2-18
41 %c
$2.50
Insurance
Bankers
+3c
—
weeks and not yet paid.
dends announced this week,
3-31
2-10
,Y'V
Ry.,
Bandlni Petroleum
4
3-
—
2-15
3-
2-10
3-
—
2-21
(quar.)_
2-25.
50c
2-10
3-
'
Mines
American
Barnsdall
.3-1
y'YYlOcYY
(quar.)
Life
Utilities,
preferred
Co
pfd.
1
81%c
3-
2-23
25c
Co..!—„
Extra
2-15
58 Vac
3-
(quar.)
2-10
——
2-19
1
.
3-
<quar.)_-_—
Co.
Corp.
Gold
2-
$1.37Va
^
3-10
2-15
Refining
3-15
3-
(monthly!-
15c
Thermit, common (quar.)—
preferred (quar.)„__cj.
Motor
1
3-
1
75c
—
Topeka & Santa Fc
2-15
Y
25c
75c
$1.37 V2
3- 6*
25c
(quai\)
4-10
1
2-18
2-14
2-29
44-
$1.50
Baltimore Radio Show, common
67
preferred (quar.)
$1.37 Va
Timber
2-15
2-19
3-15
4
4
75c
(quar.)——
Tack
1-29
2-
3
—
Co._
common
Common
2-15
2-
3-
50c
——
preferred
Powder
2-15
3-15
:
$1.37 Va
—
Street
Weyerhaeuser
2-23
2-15
$1.50
pfd.
1
5-
50c
'
preferred
Products,
Air
(quar,).---——
Transportation
partic.
2-
2-18
2-15
75c
Baltimore
2-25
1
2-15
25c
2-19
1
3-
3-15
$1.75
—
Baldwin Locomotive
2-25
■"
$1.50
(quar.)
Shares, series B
Westinghouse
(quar.)
Miners
40c
'
—
i_.
Oil
5
&
77
Meteor
5 7c
&
Textile,
3-
3
50c
!.
(quar.)—
2-29
"Y.
1
4
50c
2-19
25c
____—_
Trustee Standard
SL75
3-15
2-25
$1.75
(quar.)
Atlas
"
12-
3-15 Y
3-
3-31
2-
20c
Austin, Nichols & Co., prior A
20c
—
Quarterly
.=.
Quarterly
— Quarterly
12-15
•
2-18
3-15
preferred
Atlas
25c
Western
25c,
3-
$1.75
(quar.)
—
preferred
Bathurst
Westgate-Greenland
30c-
,
3-15
50c
\
Trinity Universal Insurance (quar.)
5
'
$5.50
6
Aunor
(monthly)
5
50c
2-15
2-18
Co.
preferred
Atlantic
2-11
1
(irregular——
preferred
4
:
Department StoreS-i_—
Corporation, common—
preferred (quar.)_-—
Mead
1
3-
(quar.)
,(monthlyl
Elevators,. Ltd., 5% 7
'
May
3-
8c
$1 VaC
—
57
9-
■;
3-15
1
Co.
Foundries
Fence
Post
Atchison
2-5
Producing.—-—7
Edison,
6-
(quar.)——
(quar.)— c-^_-_c
Co.
2-15
$15c
:
Corp.
3-
Shirt Co.
Manufacturing
Marion
8-5
11-4
y:
Life;& Casualty Insurance of Tenn. (quar.)
Ludlow Manufacturing & Balekci-i-iiii.-Manhattan
3-
UC
9-15
—'——
Co.
10c •.Ti! 3-15
;
—
6-15
Yr.
:
(quar.)—1—
Leslie1 Salt'Co." (quab.-l^-lilil——
Lansing
5
8-15
11-15
3-
3-1
'
Corp.,
67
2-21
—
Mines
YY- $1.75
,
(quar.)
^!!—
(quar.)__—
5-
5-
5-15
.
v.;
■
77:" preferred
7 7
preferred
2-
1
$1.50
—
;
1st
Atlas
2-10
2
Y' 2-15
.
•
2-
1
3-
,25c
(quarl).
: .;7 7,
preferred (quar.) —i—_— YY; $1.75
.,77 .preferred (q uar.) „
- - . _
—1_—^ - :Y:Y $1.75 Y.
Common
2-15
Y
2-10
'
25c
__-1—__—1——;_—1:
(quar.)
Common
(quar.L------^-?-,"YY;,".
2-281
V2-21
;
''
"
3-20
v
3-21
2-14*
3-
(quar.)—
7 7,2nd
2-29
—
'
2-14
1
Sanitary—
Refining, 77 pfd. (quar.)
Tobacco Co., common (quar.)——
conv.
67
3
Paper—
(quar..)—
r:
2-18
-v-:
1
3-31
3-
150
(quar.)—
_■
Abestos Mfg., $1.40 preferred
(quar.)-^Associated Dry Goods, common
!
'
2-18
"
Y'■
A (quar.) ——-c.il—
57' preferred B. ( quar.)—ci_—
3-
'
3-15
Canada—
Engineering
Consolidated
Oil
preferred
4-15 J
•Y
$1.06'4
,
t Jones & Laughlin Steel, common.—^__—
.57 'preferred
I
2-21
preferred
1-15
3-31
;
-
4%
.
1
7 7
2-14
3-
$40c
Y
,. ...
:,::;Y3- 1
1
Toronto
3-4
1*. Y
3-
25C
(111.), $6 prior pfd. (accum.)Z
Armstrong Cork Co., common (interim)
2-18
3-
United
.
:
"t.
1'
2-14
$1.75
Armour & Co.
2-25
40c
4-18Y
3-
30c
'
'
.
Department Stores, 7%;
3-15
$$1.62 '/a
(quar.)-——:
/ 7 67
Ltd.^—
$2.72
Interstate
2-13
$1.50
-~—
Bag
Tampax,
3-20
1
2-
.
37 Vac
;vr.'\Jaeger Machine Co. (reduced).^YYY'Y, 25c
Jewel Tea Co., common (quar.)_'i—L—_——:
•
1
3-
7
3-15
;
60c
12Vab 5
.
,
Co;, of. Canada,
-....Reduced
;
'
; •
Products, comnioh—i——J_ 'i
Steel
Indiana
3-
3-1 :Y.
Toledo
3-21
;i
3-20
.
.';-;37VaC
YY; y 25c
(quar.)
(quar.)
75c
$1.75
Texas Gulf"
2-21
;.
4-28
37 VaC
:
(s-a)»—1-__
Co.
Insurance
3-31
i5c ■
Monthly ^
_'i_—1_—r
Hilton-Davis"Chemical, &l,5b pfd: (quar,)—
\
2-25
>
15C. !
.
2-
2-12
•Y
1
Anglo-Canadian Telephone, class A (quar.),
Archer-Daniels-Midland Co. (quar.)—
•
•"I
.
Anchor
1
$1.25
(quar.)
"
Sylvania
..
;
3-
75c
—
Amoskeag Co., common (s-a)—
$4J/2 preferred (s-a)__—
Ampco Metal, Inc., common—
2-18
'-V\
■
.
2-14
20c
Extra
8
1
$1.50
Sunset
"s
—
v
32-
3-
——____—__
Sun
,12-31
3-
Steel
Stores
Class B
12-31
3-15
2-15
70c
"
——
Advance
Sullivan
preferred
&'■<
of
Co.
Mines
preferred
Steel
2-19
12-31
•
1-15
25c
_
2-15
1
$1.50 ^^-20'Y YY 4- 6
(quar.)—L:'_____—j— '
$2 V 3-15 Y
3- 4
Hartmaq Tobacco, $4 prior pref. (accum.)
50c
3-15
3-1
Hazeltine Corp.
1___—"_r_:—20c
3- 1
2-21.
Heyden Chemical Corp., common--—
•>Y.
3- 1 Y; 2-21
$1:
4preferred A (quar.)ii-_i2-_w-—
■
Gold
67y preferred
I
1-15
15c
preferred; fquar.) —
Southern Pipe Line
Spear & Co., $5.50 1st preferred (quar.)$5.50 2nd preferred (quar.) ————_
$5.50 2nd preferred (accum.),_;
i_
4-10
3-15
40c
$$1.50 ;
$$2.50 :
25c
1
30c
—:
1
75c
pfd.
Standard
&
Extra
2-21
-
(quar.)
Mill
Southern
2-17
1 ; ;Y
•y.';..j y .fv- 'v
$2.50
(quar.)—_
Refractories,.com.
1
Siscoe
Soule
'
5-
3-
2-10
3-
62 Vac
preferred (quar.)
American
2-18
•:
Simonds Saw & Steel
1-20
3-3
r>-
,:
.
1
4-
3-1
2-19
50c
10c
Radiator
American
1
2-15
1
of
_~L-
•
Pen
2-18
3-
—
American Sugar
v
■_
3-10
3c
3-15
7 77
Goodyear Tire & Rubbcr._r_-t—
Great Northern Paper Co. (quar.)I_—-i
it
...
2-
3-10
75c
(accum.)__-L-_-^---—-
preferred
•
'•
4-1
$1.75
—
2-18
$1.75
Smelting & Refining——
2-11
$1.25
(accum.)__
3-10
Rolling Mill Co.—
2-11
25c
(op-
i~.
Globe'Sc.Rutgers Fire Insurance-—
$'/e
15c
$1,25
Corp.,
Sheaffer
2-21
,75C
-
,
1
2-15.
.
3Y:
87 Vac Y""4-
^
$1.50
common—
Re-Insurance
2-15
•
3-1
partic.. preferred (accum. )_
Sherwin-Williams
YY
(quar.)\ Y':VY$2tv
common
2-21*
Y
1
:!;:Y'
50c
Mfg, Co..
Shenango Valley Water, 67 pfd. (quar.)—-' ;Y: $1.50
St. Louis Car, 77 prefen-ed (quar.)
$1.75
L
C
44/1000th of a share
or
stock c'l
common
"
(quar.l—
Shareholdings
1 '
.3-10
.3-1
,/ .3-
50c
~—L
1
2- 8
(quar.)———
(III.)
Ltd.,
(quar,)—
Paper Goods Co., 77
American
2-24
Manufacturing
Russell
2-15
15c
(quar.i—_—__ ■Y.
Baking, $8 preferred
Genoral Motors Corp.,
1
1
3-10
r
(irregular)
Corp.
2-
$20c
preferred
3-
2-15
12VaC
Co. ——
,
2-19
3-
.
1
3-
:
$1.50
__—Ji—l:-"-.!---'.
\
Foote Bros. Gear & Machinery—;:
V 1 COc convertible preferred (quar.)l—>"
.
3-
$1
35c
tquar.)
6V2'h
(irreg.)
1
2-19
(irreg.)
Rochester Gas & Elec., 6 7 pfd. D (quar.)
Roxborough Co.—
V
3-15.
-
Steel
Riley. Stoker
4
3- 4
3-31
••.
Grain,
3-
20c
(quar.)
3-15
$1.25
pfd. (quar.)_
(monthly)-,——
American
2-25
(s-a)
preferred
1
$1.25
———
American
"2-15
2-28
1-20*
3-16
1
3-
Leather, 67
American
3-1
.
1st,
7 7
2-9
2-15
4-
3-15
Common
3-13
2-23
50c
,
(accum.)
preferred
American
American
2-18
$1.50
/
&
conv.
1
$1
—
—
Co.
3-
3-31
40c
preferred (quar.) J_„__
77 32c convertible
(quar,)_——_.a—
6 7
3-1
3-27
75c
$6 pfd.
Products
American Metal Co.
2-15
3-10
(quar.)__
Republic Insurance (Texas)—
Rheem Manufacturing Co.
(quar.)
9
2- 9„
1 ■'
(quar.—:
Transport
Reliance
2-14
2-15
'
First Baiik Stock Corp.-—
,
v-v
;
12-21;
7
(Hartfordi
Co.
Alexander.————
&
$3.50
Empire & Bay Stkte Telegraph—
:;vv.% 4%
2-19*
35c
——
Reliance
$1.25 Y Y
(quar.)———_—_
Ltd., 6V2VY pfd. (accum.!—
Federal Light & Traction, $6 pfd. (quar.)-—
.
2-
45c
—
2-21
1
2-28
$1.50
Gamble, 57 preferred (quar.)___
Public Electric Light, 67
pfd. (accum.)—
Radio Corp. of America—- v;;'
:
1-31
2-29
$1.25
-
.
Federal Grain,
,
Y,
Tool
Procter
Associates—
(xoEl*' PaSo • Naltural Gas Hqu ar, ky_YjiY yYLjeYY/YET-'Y
.'
$3
2-11
'
.
1
4-
5 $1.10
:
(quar.)-
Prentice-Hall, Inc., common (quar.)_——
2-11
2-15
$1.25
preferred
Plomb
8
,
Insurance
2-18
3-1
-
& Co.
Pittsburgh Coke & Ircn, $5 pfd. (quar.)
Pittsburgh Youngstown & Ashtabula Ry.—
2-19
1
3-
preferred v.t.c, (accum.—__r
1'
'.Eastern, Utilities Associates--:--^'--.—
Eastinan Kodak Co., common rquar.)(-'_—---:
3-
Investment
2-25
31V4C
—
2-15
•
$5
6
Indemnity
&
2-18
3-15
$1.75
——
(quar.)
Hide
Home
American
4-15
3-
50c
——
Phoenix
—_
5-15
15c
10c
Phelps-Dodge Corp.
Philadelphia Suburban Transportation (quar.)
Philadelphia Suburban Water, common
6%
preferred (quar.)__———
-
2-20
Y 4-
4c
(Charles)
preferred
2-18
3
25C
—
(quar.)
American
2-11
preferred
conv.
preferred
1
3-
72c
(resumed)-———
Corp., $2 pfd. (quar.)
American
4-15
75c
2-18
'I
,
$3
8
2-21
'
2-25
3-1
.;
3-
25c
(quar.)
2-15
12-27
$1.50
*
<
(quar. I
3-15
5-15
Co.
Co.
C.)
$2.50
2-15
1
40c
Y
1-15
—_
preferred
3-
50c
—
V
3-15
3-10
_
Ely.& Walker Dry Goods
$1
t25c
(quar.)—
Pennsylvania Electric Co., 4.407 pfd. (quar.)
Pfaudler Co.; 67». preferred (quar.)
Y: 3-1:
25c
)j,.« Devoe
Raynolds, ijlass A- (quar.),
25c
v-y1.Class. B (q ua r.)
S'/t
$1.25
preferred (quar;)_Y—-i_lcY—
:
Y< 50c
//Diamond Alkali Co. lquar.)-.i_YYil—
25c
Dictaphone Corp., common__Y£l:Y YYi Y— —'
Y'YYY
$2.v:
•'.r
•
8
preferred (quar.)——^—YYr
L-
American & General
:
—
3-15
•
;;
2-19
(quar.)———
3-31
-;
.■;;,
50c
3-25
3-
25c
$7 preferred (accum.)—
;
American Forging & Socket—
Furniture Co. (quar.)—
Pennsylvania-Central Airlines Corp.-- :r—
(J.
7
2-3
American
3
$$1.75
Penney
2-
I
3-10
(irregular)-—_
''
—*
Patterson-Sargent
2-29
Sugar
3-10
1
50c
4-15
3-1
Eastern
3-
1
American
2-15
$1.75
!
1
•'
_i_.
2-
1
25c
Co., common—
(quar.)——
preferred
4-
(interim——
Car———
Co.
1
6
3-
—
—
Machinery
Motor
Pen
3-
3-
—
American Chain & Cable Co., Inc., common.
57 preferred (quar.)
American Export Lines, 57 pfd. (quar.)—
V
3-10
30c
—
<
7%
4-
■
1
pfd: -iquar.'fii-; ;$i;i2Va
Deposited Insurance Shares, series A (irreg.)
Y
10c
'
(quar.)
3-25
t$2
class A
Corp.
75c
(irregular)
Sugar Plantation
25o
2*
f$1.50
——
71 Vac
-
(quar.)„;
1
15C
Y"
Distillers Co.,, Ltd.—
preferred
2-18
.
3
.^/..Dayton Power & Light, 4Vi%
,r:
77?
Paauhau
3-15
(extra) —; ';'"Yr $i>:
(quar.)
2-14
2-15
Electric—
&
8
3-
Insur. Co, (St. Louis)—
American & Foreign Power,
-
1
Corp.,
Diem & Wing Paper Co., 5%'pfd,
—
5-
(irreg.
•:
Water
preferred
Corporation
2-18
3-
50c
fpreferredjCquar^^U^^!--^-- —-
.7
1
Gas
3-
-
—
Natural
corn,
3-15
25c
& Sons, common
Can
3-10
Co.—
10c
.preferred
American
2-15
—
4-
4-
•;
(quar.)
class A (quar.)______
Crum &Forstcr Insurance- Shares Corp.Y~
>
!
:
((C. B.)
6'r
Crown
.
.
Refining Co.
Bosch
of
15c
;'Y
(quar.) 1 Y!
—
American
100
$20c
—
(quar.).
(Chicago)
Co.
8
2-14
!
Manufacturing
3-
25c
(interim)
Co.
Casualty
Continental Motors Corp.———.
<
2-
Quarterly
Subject to the approval of the S. E. C.
'
;
1
———
Steel Products,
3-3
$1.87Va Y
(Chicago)
3-
2-15
25c
share
each
i
Ontario
40c:
.
(quar.
Continental Assurance Co.
;
(irreg.)
*
held
for
com.
2-18
Y
40c
;
(irreg. i——
common
1
Elec.
&
Ontario
40c
Broadcasting, class A (increased»_
.'i-'v
Class B (increased)——
Community Public Service (quar.)
Congoieum-Nairn Inc, (quar.t__——
::
1
3-
Ogden
American Bakeries,
40c
preferred (quar.)i————„_
(quar.)__l
prior
1-26
.
8
2-
$1
(irregular)
3-16
Co.—
1-31
■
Automobile
1
—
2-
2-15
preferred (accunr.)—
Arch
American
'
Columbia
•
3-
$4
2-15
2-29
c
25c
(resumed)
common "
13%
(quar.-1.2]
preferred
conv.
2-15
,
Corp
dividend!—one
Northeastern
2-29
1-15
1
'50c
(quar.)_—
York Insurance...—-
City of New
vClearing Machine
.
Y
3-20
75c
convertible
American
50c
preferred
Northern
2-29
■
.
67
i
4-
—„„
2-15
107
common (quar.):
preferred (quar.)——————
Amalgamated Leather—
3-15
60c
'
(stock
shares
2
'
'
3-20
$1.75
Chicago Corp.; $3 preferred
..
$1
1
3-16
25C
67
2-14
class A„
Gas
Pacific
3-11
1
Y
Co.—
2-14
l
—
Hundred Corp.,
Common
1
3-20
3-31
:i
3-1
3-
(quar.)——
(quar.)
2-15
'25c
Aluminium, Ltd.,
2-1.5
1
$1.75
2-29
3-15
' $1.75
y
Co.
Electric
1 '
4-
(accum.)—-—-—;
prior lien preferred
$6 prior lien prefex-red
.1.)
1
(quar.)
12 Vac
(J.
3-
•
>
2-28
3-
$1.50
—_
Bedford Storage Warehouse
Newberry
1
3-10
50c
(quar.)
(quar.)—--
„
3-
$1.50
class A
preferred
(quar.)—
$1.50
—
—
—
Specialties,
Power, 7 7>
New
(quar.)
—
P.) & Co., Inc.—
Motor
preferred
2-18
*
$7
(J.
Muskegon
$si
(quar.)———
Utilities
1
preferred
Tool
2-15
3-
Mfg.
Co.
of Rec.
1
Stock dividend (one share for each 10 held)
1
Alpha Portland Cement—-—,
3-
2-11
•••
Allied
3-15
3- 9
2-29
$25c
3-15
75c
67'
Service,
$$3 I-
■
1
l
Kid
Hoidert
3-
$1.75
4-
t$7
Morgan
4-
$20c
—
lannual >
Co., Inc.
Co.,
Payable
50c
4-
$1.50
$1.75
(quar.)
(quar.)
Machine
2-15
3-15
—
Central & South
When
thare
'0
Allis-Chalmers
Knitting Co., Ltd. 77 pfd. (accum.)
2-29
3-
_
YfV Carter
:
'
Aviation, 47 pfd-, (initial s-a)
Allegheny Ludlum Steel, 77 pfd. (quar,.)
3-15
4-
Monarch
2-28
(quar.) —_Y„——- ■ $1.62 Va
Y:;; :
$1
Oil, common (irregular)—
YY". $1.50
preferred (quar.)———--Y
'
Name of Company
All American
1
$1.50
Monarch
2
45c
preferred
Canfield
3-15
3-25
■
3-13
5c
Angeles)__—
(quar.)
4-1
Mobile Gas
50c r.
Ltd.
2-15
$1.50
»*r
0) Rec.
3-1
2-
1
25c
Foundries, 6# preferred—
class A (quar,).-':.-!—
(interim)——
B
preferred
9
> Canada Wire & Cable,
v
7%
4-
$$1.50
Iron
YYV't?'- Class
67>
2-28
3-31
$1.25
Sugar,
2-25
2-
———
Dominion
1
3
50c
common--—
Co
Forge
Bullock's
Co.,
Holders
Payable
25c
junior
preferred (quar.)
preferred (series 1940)
$1.75
(quar.)-
$6
2-25
3-
:
$1.50
——
Bridgeport Oil, 77<- preferred——————
Bright5(T. G.) & Co., 6% pfd. (quar.)
£*
Brown-McLaren Mfg.
(quar.)Y.————:
'
•
30c
(quar.J_„___—:
Border City Mfg.
(
ts'»
(Irreg.)
7
3-
$150
common
2-
1
3-
40c
(quar.)___:. Y___
preferred
Brothers
When
617
—
'
Bloch
6
Name of Company
.
Michigan Public Service, common (quar.)„
67> 'preferred (quar.)—1
—l.
2-18
2-17
10c
Y
<quar.)_
.
\ 3-
\
of Reo.
Payable
20C
(irreg,
(irregularis..—
per
share
Holder 1
When
rer
share
Name of Company
Beau Brummel Ties
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4255
;
2-15
1-31
3-15
2-28
(correc¬
(not 25c)_
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Monday, February 14, 1944
.
■
*
■'
25c
Canada Northern Power,
$15c
7%' preferred (quar.j
$$1.75
Canada Starch, 7% preferred (s-a)
$$3.50
Canada Vinegars, Ltd. (quar.)_ii,___——■
$10c
Canadian Bakeries, 5%. preferred (quar.)__
|$1.25
*
Canada
$3.40
Ltd.—•
'
'
8
2-
"
Eversharp, Inc.,
2-15
3-
'
■
1,
2-15
.
Ltd.
1
Fajardo Sugar Co. of Porto Rico
Falstaff Brewing Corp. <quar.)__
12-31
2-15
3-
,
'■■:;3-;i'v
1
4-
(irregular >
Common
3-1
4-1
preferred (quar.)
J®*-"! 4- 1
Canadian General Electric, Ltd. (quar.)
•
5SiCanadian International Investment Trust—
_
3- 1
5% preferred (accum.)
+®1
2-15
Canadian Oil Co., Ltd. (quar.)
+Ji fr
3- 1
Capital Transit Corp, (irreg.),
+®1'®0
3- 1.
Carman & Co., Class B _____
—
2oe
3- 1
$2 Class A (quar.)
—
ow
3-11
2-29
Carpenter Steel Co.—.
Caterpillar Tractor Co. (quar.),Central Foundry, $5 ' preferred
(quar.)
$1.25
Central Illinois Public Service—
3-15
<5% preferred (accum.)
•
.
3-15
$6
preferred (accum.)
1
3-31
Central Paper Co.
—
--2-15
Central Surety & Insurance Corp, (quar.)-,
50c ; 2-15
8%
.
.
,
Extra
,
50c
-
—_
Vermont Public Service—
$6 preferred (quar.)_____~Century Ribbon Mills, Inc., 7% pfd, (quar.)
Chain 'Belt Co
Charis Corporation (quar.)
___
Chesapeake Corp. of Va.__
...
A--Chestnut Hill RR. (quar.)
—
Chickasha Cotton Oil (quar,)—
Quarterly
Quarterly
$1.50
Chile Copper
Co.
Co. (quar.)
Cincinnati Inter-Terminal
*
Tractor
2-19
2-10
2-10
2- 5
2-19
3-14
—
—
—
1
2-18
77c
2-25
2-8
2-15
2-4
2-20
2-1
2-11
1
2-10
Goodyear Tire & Rubber,; com. (quar.)
5% convertible preferred (quar.)
3-1
Cosmos Imperial
V.
Extra'-
—
preferred (quar.)
preferred
$2.25
Deere
(Canada), 5% preferred (s-a)—
Co., 7% preferred (quar.)—_4'
&
Dentist's Supply Co. of New
Common
Common
—
^
A
—.
6%
6%
1
2-15
Hamilton
4
Hammond
2-
3-15
1
2-19
2- 5
Hancock Oil Co., class
Extra on A & B
3-1
2-18
Hanley
2-29
1-28
(s-a)
part.ic. preferred (s-a)—_————'
Corp. of New York (irregular)„___
Cup Co., class A
(quar.)
Dominion Bridge Co., Ltd. (quar.)
—Dominion Envelopes & Cartons (Western)—
77c
preferred (quar.) ——
1—1
Hanna (M. A.)
Harshaw Chemical,
2-17 '
Hatfield-Campbell Creek Coal Co.—
5 % prior preferred (quar.)
^
5%
non-cum. partic. preferred———
Hathaway Bakeries, $7 conv. pfd.' (accum.)_
Havana Electric & Utilities Co.—
2-4
1
2-4
2-15
1-31
3-
1-31
2-15
■
5%
Dun
preferred
&
6%
3-15
2-29*
2-15
2- 5
1
Hershey Chocolate, common
3-17
2-25
Hercules Powder Co.,
2-14
3-31
8-25
3-
$4 convertible
4-
1
3-1
2-15
1
2-15
3-
25c
30c
—_
3-
Lo
2-15
4-
1
3-
3-
1
2-15
3-
1
2-11
6-
1
5-15
50c
9-
1
8-15
1
4-
1
4-
1
2-10
Illinois
.
■
2-16
4-
1
v
Lines, 4% gtd. (s-a)—
1
Municipal Water, 6% pfd. (quar,)__
Illinois Power, 5% preferred (accum.)______
8-11
Illinois Zinc Co—
2-
Imperial Tobacco Co. of Canada—
Ordinary shares (final)
9
3-10
'
7
2-15
2-
3-1
2-15
$30c
2-25
1-31
$75c
3-
$50c
$10c
3-
$$1.25
1
-
2-20
25c
RR. Co.—
2-10
1
68%c
—40c
common
Leased
' 6214c
,
25c
•
Hummell-Ross
Power,
.
(auar.)——
—75c
Fibre Corp., 6% pfd. (quar.)_ ;
$114
$3 preferred
3-1
9-
$2
$1.50
6214c
40c
_
Ameri^deposit rets, for ordinary registered
(final)
714%
———
3-20
2-23
2-15
2-
1
214%
Indiana Steel Products, common.—1214c
6% preferred
———30c
Indianapolis Bond & Share__.__.
______
15c
2-15
2-
1
Indianapolis Public Welfare
4-
Bonus
Louis & Interurban Water—
1
2-
7 ;•■
1
2-25
(accum.L-.
75c
Quarterly
3-
1
2-11
3-
1
2-11
Inland
3-
1
2-12
2-25
2-10
2-15
1-31
Inter-Ocean
Reinsurance
2-15
1-31
Inter-Ocean
Securities Corp.,
.
'
$1
20c
$1.25
$1.50
Institutional Securities, Ltd.—
Indianapolis Water,
3-
1
2-14:
Steel
$1
Co.———
—
234c
(irreg.)—.,
4',)- pfd. (s-ai_
International Business Machine (quar.j
50c
50c
$1.50
.
Bank
group
2-29
4-1
Kress
2-19
2-19
1
6%
v
(S. S.)
(S. H.)
special preferred
5
2-
1-17
2-
7
7
Lake of the Woods Milling,
2-
7
2-14
2-14
7%
/
(quar.)
7%
5
Sffi
1
shares
(irregular)
Co.
3-15
2-28
2-25
*
2-10
2-20
1-31
1-31
2-29
2-15
3-14
2-21
3-14
2-21
2-29
3-10
4
3-
1
2-
4-
1
3-11
5-
1
4-15
1-31
li 2-15
$1
;
(quar.)
$30c
|$1.73
3- 1
2-
4
1
2-
4
$20c
(quar.).'
common
3-15
2-15
1
2-15
Ltd. (quar.)
3-
2-18
$1
f2c
15c
25c
4-20
3-
1
2-15
preferred (quar.)
convertible
Mines (quar.)
Custom
Tailors.
3-15
2-15
3-10
2-29
Common
2-
1
'
2-9
1
3-
9
2-
3-1
3-1
2-11
2-15
2-1
3-
2-1
2-15
3-1'
3-1
Insurance (Ft, Wayne)—
Quarterly
'
30c
Quarterly
30c
Quarterly
30c
Lindsay Light & Chemical (irregular)
10c
Link-Belt Co., common (quar.) ____________
■ 50c
6)4% preferred (quar.)
$1%
Lionel Corporation (quar.)_:—15c
Extra
■
15c;
2-15
12-20
10c
12-10
Lincoln National Life
2-1
1
(quar.)
1-31
t
2-15
$1.75
25c
50c
'
75c
75c
Lima Cord Sole & Heel_„____—_ %
1
2-15
1
3-14
1
2-15
$1.12)4
(quar.)
preferred (quar.)
Liberty Aircraft Products—
Life Savers Corp. (increased)
Liggett 8c Myers Tobacco, class B (quar.)
2-15
3-15
(quar.)_
Lexington Water, 7%
1
1
Inc., common
(R. G.)
$4.50 preferred
3-11
2-10
2-25
r
1
1
1-31
.
4-
4%
5-
2-15
2-15
2-15
Le Tourneau
.
2-29
2-29
2-
3-1
■
2-29
2-15
3-
2-
2-
3-1
50c
Leonard
3-15
2-10
1
3-
Lehigh Portland Cement Co.—
2--8
3-
,':;;■ 2-
*2-15
25c
30c
2-21
4-
3-
3-
1
2-
3-15
Lanston Monotype Machine
1-31
2-15
9-
12-
Lane Bryant Inc.
(quar.)
Lansing Co.. (quar.)
1-29
2-
2-
preferred
6-.
6-15
9-15
12-15
$1.50
$1.75
2nd. preferred (quar.)
Lake Shore Mines,
4
2-20
Lafayette Nat'l Bank
2-
:
_V—
3-
40c
15c
50c
'
(quar.i
2-15
3-15
4c
50c
25c
v
(quar.)
Kroger Grocery & Baking Co., com.
6% 1st preferred (quar.)
7
2-
2-15
8c
(quar.)
Co.
Co., common
2-11
2-17
30c
$1.50
*
2-25
2-29
$5c
4 60c
:
2-29
3-1
$1.25
30c
90c
$1.50
15c
(irreg.)'
2- 5
2-19
2-19
8-
1
7-26
1
10-26
2-21
2-5
2-15
3-15
1
3-15
3-
1
3-15
2-
9
2-29
2-
9
3-
1
2-15
5-
1
4-15
2-11
2-25
3-1
2-14-
2-
1
3-
1
2-
1
3-
Ltd., class A (quar.)
Class B (quar.)
4-
1
15c
Loblaw Groceterias Co.,
1
1
4-
125c
125c
Lord & Taylor, 6% 1st preferred (quar.i —$1.50
Lock Joint Pipe Co., common (monthly)
$1
Common
(monthly)
$1
8% preferred (quar.)_—
$2
2-21
2-21
2-21
4-
2-5 ^
3-
2-29
25c
$1,12)4
Liquid Carbonic Corp., com. (quar.)__
4)4% preferred A (quar,)—
Loblaw Groceterias. Inc.. common (reduced!
4-25
1
5-
11-
••
1
2-17
,
2-29
2-19
3-31
3-21
4-
3-22
—
,
■
1
,
3-1
2-11
1
2-11
3-15
3- 2
3-
1
2-10
3-
1
2-10
3-1
2-11
2-15
2-
3-1
2-15
3-1
2-15
3-
1
2-12
3-
1
2-12
3-1
2-15
3-1
2-15
3-
$2
3-3
2-
1
$4
5% non-cumulative preferred (s-a):
$2.50
Lynch Corp.
50c
Mackintosh-Hemphill Co. —25c
Madison Square Garden Corp. (quar.)
25c
Magnind.i, 6% pfd. (quar.)—
$1.50
6%
preferred (quar.)
$1.50
2-15
2-
1 '
Louisville 8c Nashville RR.
1'
1
3-20
1
2-21
2-15
1-29
2-25
2-13
1'
3-10
1-25
2-15
1-25
3-15
2-28
1
2-15
'
3-
?2-15
155V4o
3714c
3-1
2-
2-15
1-31
-
Acceptance Corp. of California—
preferred (quar.)
________
preferred (quar.)
5%
preferred (quar.)—.
■
6%
preferred (quar.)
;
6%
preferred (quar.)^___—
6%
preferred (quar,)
Mercantile Stores, 7%
preferred (quar.) _—
Merritt Chapman & Scott—
2-
4
2-15
1-29
6)4 % preferred (accum.)
Michigan Bumper Corp., new
2-15
1-29
Midland Steel
4-
3-
1
2-15
,
3-
1
2-11
3-
1
2-11
3-
3-21
5
5
2-15
1-25
7-
1
6-10
'3-
1
2-15
3-
1
2-
2.-15
3
2- 7*'
Common
•4%
2-15
3-31
2-15
3-31
2-15
:
2-28
1
(quar.)
*___^
Co.
Insurance
Monsanto
$4,50
Mullins Mfg,
Muncie
Murphy
,
1
3-
3
3-
1
2-18
3- 3
3-13
6-12
v
6- 2
9-
50c
$1
$1.06
3-10
2-21
3-
1
2-21
3-
1
2-21
2-15
2-
2
4
4-
1
3-17
4-
1
3-17
3-
1
3-
1
2-14
•
■?' 2-
3-15
$1.25
■3-
7
1-26
1-24
1
3-
———50c
2-10
6-
1
5-10
6-
1
5-10
6-
1
5-10
3-15
2-29
3-15
2-15
common
8c
Mortgage
Co.
common
13114c
$$1
(quar.)—__
(quar.)____
(quar.)
&
Corp.
$$1.75
—.—
.
(quar.)—
.
:
1
75c
—_—
(irregular)—
$1.50
(quar.)___'
:—25c
Corp.,,
Copper
30c
10c
$1.75
—
——
(irreg.)
—____
Corp., $7 preferred (quar.)—,
Works, 8% pfd. (quar.)——
C.) ..(quar.)
$2
_____
Murray-Ohio Mfg.
Muskogee Co., 6% preferred
Nashawena Mills.
National Acme (quar.)—
1—
(quar.)
—
—
________
.
3-15
8
2-15
■
Machine
Water
(G.
3
4-
$2.25
(s-a)_—_—______$2.25
(s-a)_
—_——_—_
'
$2
Drill
City
3-
% 2-25
partic. preferred
Wheel
3
4-1
1
Moody's Investors Service—
Mountain
2-20
3-
1'
1
Loan
Motor
2-25
4-
1
Cottons, Ltd.,
Finance
1
3-
Montreal
Twist
9-
/; 1-31
4-
Chemical Co.,
Morse
5
*
3-
Montreal
$3
1
3-15
preferred A (s-a)_—
preferred
6-
3-10
Spinning
preferred C
7%
1
5
2-15
$4.50 preferred B
$4
3-
9-
Co.—$1;
Chemical Co., $3.50 pfd. (quar.)—__
8714c
Loan Society 5)4% pfd. (quar.)——
34%c
Monroe
6
9-12
,
(s-a)_
(Mass,)
1
%6-
$1
preferred B I quar.)—
$1.50
7% preferred A (quar.)_.
$1.75
Mitchell (J. S.) 8c Co., Ltd._^__4_—____$$2.50
Life
1
9-
3-
6%;
Monarch
1
6-
5
$1.6214
-
B (quar.)_
preferred C (auar.) ■
Minneapolis-Moline Power Implement—
$614 preferred (accum.)
Mississippi Valley Public Service com. (quar.)
3-
6
6-5
Products,
preferred
4Va%
Monomac
3-31
2-15
2-1
7
9-
Minneapolis-Honeywell Regulator-
1
2.20
2-21
2-25
1
2-15
(initial)—10c
2-15
1
3- 9
3-
$1.6214
:
1
3-
3-20
1
3-10
25c
25c
25c
30c
30c
30c
$1.75
3-
2-
1
4-
common50c
$2 non-cum. preferred——
—
50c
8%
1st preferred (quar.)———
—_
$2
Mid-West Abrasive Co. (resumed)
' •;
3c
Miller & Hart, $1 prior preferred (irreg.)—
25c
$1 prior preferred,(irregular)—
—
25c
$1 prior preferred (irregular)——
25c
2-
4
3-10
__d_——
Co.
2-29
2-15
5
8-
20c
Publishing
1
2-15
5-
5-15
2-10
2-
3-31
2- 4
5;
2-15
2-15
3-10
2-15
11- 3
5%
1-25
2-15
2-15
2-26
11-15
(quar.)
5%
4
2-15
2-25
Mercantile
2-10
2-
2-
$1.50
preferred
preferred
Mclntyre Porcupine Mines* (quar.)___
Meadville Telephone (quar.)__
3-16*
2-15
2-1
2-15
(quar.)—$150
Macmillan Co., common (quar. >
25c
Manischewitz (B.) Co., 7% pfd. (quar.)_
$l3/i
Mapes Consolidated Manufacturing <quar.)_
50c
Masonite Corp., common (quar.)—
—25c
4)4 % preferred (quar.$1.1214
Massachusetts Bonding & Insurance (quar.)
8714c
6%
3-
2-15
8-15
6%
4-
(s-a)
Common
1
4-
4-
(irregular)
Louisville Henderson &• St. Louis Ry.—
'
Motor
Loan Assn.—
class A (quar.)——
5% preferred A (quar.),——
Ingersoil-Rand Co.
'
,
2-29
1
————————
——
_—
3-21
3-10
Kresge
2-15
Monroe
$15c
Ordinary shares (interim)—$10c
6% preference
(s-a)———v : 3%
Imperial Tobacco of Gt. Britain & Ireland—
—
$1.25
.
5-29
1
3-
7% preferred (quar.)__
$1.75
(quar.)
—$1.50
Water,
Hussman-Ligonier, 514 % preferred (quar.)_
Huston
(Tom)
Peanut, com.
(quar.)„_—
12-23
3-1
6-10
2-10
preferred
1
4-
(s-a)
.
Koehring Co.
1
;
3714c
75c
% $2
2-
3-
6%
2-29
4-
15c
15c
15c;
25c
50c
$1.50
87)40
Extra
.
5
2-18
1-29
2-29
1
.
Keystone Steel & Wire
Kinney (G. R.), $5' prior preferred (accum.)
Fund (quar.)__
9-15
10-
2-15
1
Knickerbocker
2-15
(A.
Huntington
v.
1
7-
6-15
1
9-30
9-30
3-15
7-
3-
Horn
11-15
'7-1
1-31
4-
preferred (quar.)
$1.50
C.), 6% 2nd pfd. (quar.)4———
45c
7%
participating pfd. (quar.)_____834c
Horn & Hardart (N. Y.), 5% pfd. (quar.)__
$1.25
Houston Light & Power (monthly)
30c
Hudson Motor Car—,
—i
——.—
10c
6%
1
12-
;
40c
50c
■
7oc
3714c
(quar.)——
preferred (quar.
Bradstreet, Inc. (quar.)——;
Iquar.)
(Charles E.) (quar.)
Hobbs Battery Co.—
$1.75 convertible class A (accum.)Hooker Electrochemical (quar.)
Hormel (George A.) & Co.____———
Hires
1
3-10
,
preference
Rubber Corp.
Hewitt
8-15
3-15
75c
'
(quar.)
preferred
(quar.)——
75c
(quar.)———$1
2-15
3-
Idaho
:
common—
Equity Corp,, $3 cenv.
(quar.)—25c
6%; preferred (quar,)_
$1.50
Hecla Mining Co.
3-
2-11
4-
.
Keystone Custodian Fund, series K-l
McGraw-Hill
preferred (accum.)
50c
Pineapple Co.—
'
25c
Hazel-Atlas
Glass Co,
(quar.)——^$1.25
Illinois Central
:
■/" •■ 6% preferred (quar.)'■
$1.50 •
7% preferred (quar.)
——$1.75
Eastern Steel Products, Ltd. (quar,)—
..
$25c
Eaton Manufacturing Co. (quar.) —:
75c
Employers Reinsurance Corp. (quar,) A——:
40c
East St.
$1.25
$1.75
75c
preferred
Dravo Corp.,
15c
Hawaiian
Dominion-Scottish Investments—
Dow Chemical Co.,
414%
6%
3-15
2-15
preferred
(accum.)
Dominion Stores Co., Ltd.
$1.25
$1.1214
(quar.)
;
preferred (quar.)_
Co., $5 preferred
2- 5
2-17
3- lx<
1-25
...
—.
8714c
pfd. (quar.)—
25c
3-1
(quar.)
(quar.)
Dodge Manufacturing Co. (quar.)
Dominion & Anglo Investment—
5%
(James) Co., 7%
Common
2-21
•
•
10c
1
3-
Alkali Co.—
participating preferred
50d
A and class B (quar.)
2-21
•
$1.50
75c
Instrument,
2-15
3-
2-15
■
4-
(quar.)
2-15
•
2-15
$22140
Hamilton Watch Co.,
3-15
Kentucky Utilities, 7% junior pfd. (quar.)
Kerr-Addison Gold Mines (interim)
2-15
25c
$5c
——;
Ltd, (quar.)—'
6% preferred (quar.)_
6% pfd. (quar.)——
Cottons,
1
3-
5-15
2-15
50c
$1.50
(quar.)
50c
30c
Discount
5%'
Hallnor Mines
„*$1.75
Diamond Match Co., common
Dixie
2-15
6-
2-15
«
1
I s-a)
5-15
,
3- 3
34%c
preferred
12-23
(resumed)—
pfd. (quar.)
Navigation
Detroit Gasket & Mfg. Co., 6%
Detroit & Cleveland
Diamond
2- 5
1
3-
75c
75c
75c
75c
$1,75
$1.75
$1.75
^
—
1
3-23
,
i.—
(quar.)
Hale.Brothers Stores (quar.)
3-
35c /
'—
(quar.)
Common
(quar.)
7% preferred (quar.)
7%
preferred (quar.)
7% preferred (quar.)
1% preferred (quar.)
Hajoca Corp., common
2-5
3-
$$1.25
(quar.)
Common
1-31
1
6%
2-15
3-15
25c
13%c
;
——
.
3-
York-
(quar.)
2-29
2-15
1
■
2-19
3-
2-15
$50
$15
Greyhound Corp. common (quar.)___
514% .preferred
(quar.)__.
Griesedleck Western Brewery—
514% preferred (quar.)
.
3*4.
3-
2-15
25c
$5
—
(annual)
debentures
1-15
3-
$2
$1.75
25c
Dairy Corp.
B
3-15
3-
10c
10c
_v-i—-
Class
2-15
■
2-15
$1.75
$1.75
debentures
<
$1.1214
75c
(accum,)——
A
2-15 w
'$1.25
$2
'
(quar.)
.& Western RR. Co.
Class
1
10c
—.
—
81 Dock
Lakes Dredge
Great
1
3-31
43%c
preferred (quar.)
_
Curtis Publishing Co., $4 prior pfd. (quar;)„
(year-end)
,77o preferred (quar.)
Common
2- 4
2-25,
$1.25
414%
Cushman's Sons, Inc., $8 pfd.
7% preferred (quar.)
Common
(quar,) •—
1-20
2-
,
1-20
•
—,
,
1-20
3-
2-15
25c
$3
$1.75
.
Quarterly'
Quarterly
Quarterly
Kayser (Julius) & Co..
Kearney & Trecker, Corp. (reduced)
Kendall Co., $6 partic. pfd. A (quar.)__
2-15
$3
Irregular
—
Great/Atlantic & Pacific Tea Co. of Amer.—
Green Bay
56V4O
-
2-11
2-15
$50c
7% preferred (quar )
,_
Crown Zellerbach, $5 preferred (quar.)
Crum & Forster, 8%
preferred (quar.)_;—
Culver & Port Clinton RR. (s-a)
Press.
2-10
2-15
ZVUc
Inc.—■
(quar.)—
Semi-annual
3- 7
6% preferred (accum.)
Gossard (H. W.) CO._—
'
—;
Grace National Bank (N. Y.) (s-a>—
Graton & Knight Co., 7% preferred (quar.)
Great American Indemnity Co. (N. Y. )—
Gosnold Mills,
2-15
10c
40c
25c
50c
Crown Drug Co.,
Cuneo
Gorham
1-25
2-15
Cork & Seal Corp.
Crown
Golden
2-10
3-10
$1.25
$1.25
75c
60c
55c
5614c /
$1.50
—
Cycle Corp. (quar.)——————
Manufacturing Co. (quar.)
—4
2-10
2-15
4-
"
3-1
$1.25
25c
50c
—
Parchment Co,
Kalamazoo Vegetable
■
3-15
3-
50c
2-28
$1
$$1.75
$$1.75
$30c
.—/
$15c;
Mills, Ltd, (quar.)—
,
Crane Co., 5%
conv.
3-31
$4c
preferred (quar.) —T
—Corrugated Paper Box, 7% pfd,. (accum.)-—
7% preferred (quar.)
——.
$4
4Vie;l>
Co.,
Insurance
2-25
■»-
25c
20c
(annual)
& Marine
•
2-15
■
2-21
/
1
Co—
(W. B.)
Jersey Insurance Co. of N. Y. increased
Kable Brothers, 6% preferred (quar.)
3-15
3-31
3-31
1
3-
xll4%
;
preference C (quar.
,5% preference D (quar.)
Jantzeu Knitting Mills, 5 % preferred (quar.)
4-10
3-
x$1.75
xl%% ;
xtVi%
5%
4
3.
2-15
1
;
preference B riquar.
7%
1-31
3-10
:
56140
Glidden
1
Co.
Common
2-1
4
3-10
preferred (quar.)_
Fire
Gilchrist
2-15
3-
4-15
25c
25c
50c
25c
Gibraltar
1
5
Jarvis
$1.50
i
(irregular)
common
2-11
2-17
3-18
3-16
1
3-
(quar.
Jamaica Public Service Co., Ltd. com. (qtiar.)
r'k- 7% preferred A (quar.)_„________..__;_4_-_:.
3-15
—-
Brewing,
2-15
XV-it
7% preferred (accum.)
Connecticut Light & Power, $2.40 pfd. (quar,)
$2.20 preferred (quar.)
Connecticut Power (reduced quar.),—•_—
Connecticut River Power, 6% pfd. (quar.)—
Consolidated Biscuit Co, (quar.)—
—_
Consolidated Edison Co. (N. Y.) (quar.)
Consolidated Paper- (quar.)
——
Consolidated Vultee Aircraft Corp., common
$1.25 convertible preferred (quar.)— _
Consumers Glass Co., Ltd, (quar.).——
Container Corp. of Amer.—
Cook Paint & Varnish, common (quar.)
(accum. )
preferred
$6
Genesee
3-15
3-
3-11
2-
3-30
3-
25c
25c
25c
J17C
;
■
Gas Corp.. (initial)
Leitch Gold
1
3-
3-18
2-15
Corp.—
Castings
3-31
683/4<j
Concord Gas (N. H.),
67o pfd. (quar.)
General Outdoor Advertising,
General Steel
3- 1
1
Jacksonville
3-31
7'/2C
40c
$l'/2
:
4-25
3-
Irving Air Chute Co.
% 2-21
(quar.)
Co.__i___
2-14
1
class A
Corp.
4-
$1,75
40c
(quar.)
common
Co.
Intertype
4- /1
25c
(quar.)
common
Silver
International
2-28
60c
lOo
%, 75c
$1
preferred (quar.)
Safety Razor,
B (resumed)
Class
i
5
2-
,
J
Chemicals—'
&
International
2-15
I
'
25c
pfd. (quar,)—
5-1
3-
2-11
Minerals
2-29
50c
10c
General Metals Corp.' (s-a)——
11-15
2-11
1
S 3- 1
$1.25
preferred (quar.)
7%
8-15
1
3-
40c
>
'
1
12-
,
Quarterly ————————
Commonwealth Loan, 5% preferred (quar.)_
Commonwealth Telephone, $5 pfd. (quar.)__
i.
9-1
$1.25
,
'
(increased)
—
General Foods Corp.,
5-15
6-1
$1-25
(quar.)—
5% series (quar.)—
Cumulative preferred
Co.,
General Cigar
2-15
3-10
3-
series preference (quar.)—37'Ac
convertible preferred (quar.);
35c
General Industries
1
3-20
1
4%
11-16
4-
50c
,
(quar.)
General Acceptance Corp;, $1
3-
3-
1
4-1
$1.50
$1.50
'
s'
$2.75 convertible preferred (quar.)———
Cqmmoil, Ltd. (irreg.)——,
;
Commonwealth International Corp., Ltd.—
/.
Wood Industries
Gar
3-17
75c
50c
$1
Columbia Pictures Corp,—
preferred
conv.
3-10
12)4c
$1.06A
25c
& Elevator—•
.,
preferred (initial quar.)__
——Columbia Brewing Co.
—
Columbian Carbon Co. (quar.)
_
Columbia Gas & Electric, 6% pfd. A (quar.)
"
5%
1
3714c
—
12-
50c
_—_—
Gamewell Co.
4-
50c
(quar.)—————
International
$1.75
.
1
6-14
$1/4
.
(irregular)
Freeport Sulphur (quar.)
Fruehauf Trailer Co., common
9-14
^
5-17
8-17
—
Common-
:
7-14
-
$3
preference
1-31
1-31
Colorado Milling
5%
,,
10-14
$2
Colgate-Palmolive-Peet Co., com. (quar.)—
$4.25 preferred (quar.)—
——————
!
3-20
1-31
1
Enamel
i
—
25c
Field-(Marshall) & Co., 6% pfd. (quar.)
$1.50
6% preferred Second Series (quar.)——
$1.50
Firestone Tire & Rubber Co., 6% pfd. Class A
$1.50 ,
4preferred (initial)—
55c
Fitz Simons & Connell Dredge & Dock (quar.)
, 25c
Florida Power Corp., 7%
preferred—
87Vic
77c
preferred
87V2C5
7 % preferred A (quar.)
$1.75
7% preferred A (quar.)_
;
——
$1.75
Fort Pitt Bridge Works
-—
25c
Foster Wheeler, 6% prior pid. (quar,)^_
37'Ac
6% prior preferred (quar.)—.—37V2C
6% prior preferred (quar.)—
——.
: 37%c
Four Wheel Auto Drive Co., com. (irreg.)—
50c
3-31
_—_—<——_
Colorado Fuel & Iron
2-21
4-14
(quar.)
--2.*.—-—
$]•%5% preferred (quar.)———
———
®1 /*'
5% preferred (quar.)
—_____
—
81 A
City Baking Co., 7%' preferred (quar.),—--$1.75
City Ice & Fuel, common—
—30c
6Vj% preferred (quar.)
$1.62)4;:
City of New Castle Water, 6% pfd. (quar.),
$1.50
City Water of Chattanooga (quar.)———
-$1.25
Cleveland & Pittsburgh RR. Co.—
; ■
,
Regular stock (quar.) _______.
8714c
Special guaranteed
2-21
3-4
5% preferred
Cleveland
2-15
2-15
25c
6<./2C
15c'
(quar.)
25c
——
—
',J®C
i.—15c ,
RR., 4% pfd. (s-a)
Cincinnati New Orl. & Texas Pacific* Ry.—
5% preferred (quar.),-,—.
"
2-15
——————
$23
1
50c
^
(quar.)
Ferro
2-15
3-1
2-15
lac
20c
75c
25c
It-
(auar.)
preferred
7%
■
3-1::
25c
■•
Chilton
■
2-15
$1.75
6-
25c
' ' tie
—
(irregular)
United Cleaning & Dyeing Co.—
Common
12-31
2-25
$1.75
:
,
Chicago Great Western Ry. Co.—
5%
preferred (accum.)—,
Chicago Mail Order Co
Cab Co.
1
2-
Fenton
2-15
_
Chicago Yellow
1
2-
Federal-Mogul Corp.
Federated Petroleums
'
Central
■■■
3-15
7% pfd. (quar.)
Harvester Co.,
International Match Realization (liquidating)
preferred (s-a)—-i
——
—
Farmers & Traders Life Insurance Co. (quar.)
$2.50
Federal Bake 'Shops, Inc.' (quar.)—25c
Federal Electric, $1.50 class A—
25c
6%
-
•
International
9-
50c
15c
3c
(quar.)—
of Rec.
"
'
25c
•'!
Holdert
Payable
share
2-15
3-1
.
Extra
Canadian Fairbanks-Morse
Canadian
Co, (quar.)—
■'/
Name of Company
of Rec.
Payable
$1.25
$1.25
$1.25
$1.25
25c
('5c
25c
A (quar.)f...„^--_—-1__—.—••
5% preferred (quar.
Fairbanks Morse &
3-15
Per
thare
■
Corp.
Ex-Cello-O
1-31
4-1
$85c
(founders rights)_■_f$l
Co. <quar.)—.
<■ 125c
Foreign Investment Corp.—
' ♦Itl'"'
Celanese
Canadian
3-20
•■
r';
•
'
'
convertible preferred (qu^r.)i——'
Breweries,
Canadian
$5
1
''
preefrred
3-20
3-
;:;.V A
.
$5
2-24
2-15
■
'
$5
9
4-15
•/"'
preferred A (quar.L-^-'--^C-preferred A (quar.)——
preferred A (quar.: V/V
4-25
.
>
Name of Company
$5
RR.,
Erie
3-
w_—__'——
Ltd., com..(quar.)..
Ginger Ale
Dry
of Rec.
Payable
share
Nome of Company
''■/
When
Per
■
■
7,
-;///■■'/:
Holdert
When
Per
Holdert
When
75c
30c
$1.50
37)40
50c
2-15
I.
2-
1
2-15
1-27
2-29
2-19
3-10.
2-18
2-21
1-27
3-
2-11
1
3-15
3-
3-
1
2-19
4-
1
3-20
3-
1
2-15
3-
1
2-12
2-25
2-11
1
'
Volume
Number
159
•""v. •-v'-'7
Name of
National
7'/<?
Metals,
Bearing
Biscuit
—-~7;,7'
..
1
2-16
Quaker Oats, 6 7o preferred (quar.;
Quaker Slate Oil Refining
Quebec Power (quar.).—4
Reading Co., 4% non-cum. 1st pfd. (quar.)^
3-10
2-29
2-11*
25c
2-21
Real
2-14
2-18
3-10
•'/
5-
1
preferred
$1.60
7%
pfd.
:
7
preferred
Electric
7-22
10-30
Thompson
(J.
3-
9 4
2-16
Thompson
Products,
3-
1
2-
1
2-18
3-
3-15
3-
Stock dividend
1
National
2-15
2-15
2-
1
3-
1
2-19
25C
2-15
1-31
$1.25
2-15
1-31
$1.25
8-15
7-31
25c
3-15
3-
2-28
2-
3-
1
2-4
6-
1
5-
2-
7V
10c
5C
___
Oats
Co.
(irregular)
Natic
ticwm}
Paper & Type,
5*
7ftpreferred (s-a)
5% preferred (s-a)
National
Rubber
National
Union
'
(s-a)
common
——
—...
Machinery
Fire
Co
Insurance
$1.50
(s-a)
.Nelsner
New
Casualty Co. (s-a)
Clock, 672% pfd. (accum.)
Jersey
New
World
Zinc
Co.
2-15
2-
3-
:'4
(irregular)_i__,
1
9-
1
8-
1
12-
1
11-
2
$1.40
3-17
Timken
Roller
Gold
3-10
.
'•4;.- ;f;
14:
New
York
York
&
Queens
Elec.
Common
$5
40c
Light
&
2-8
1
2-10
$1.75
3-
1
2-
4
5.10% preferred (quar.)
Niagara Lower Arch Bridge (quar.)__.._
Niagara Share Corp., $6 pfd. A (quar.i_.___
Nonquitt Mills
_i,~
Noranda Mines, Ltd, (interim)
1.27Va
_
Norfolk
&
North
American Life
North
American
North
River
Oil
Northwestern
6%
Public
preferred
__
(quar.)...—
15c
2-15
3-
15c
Shops,
1
7%
preferred
___
87 7a c
_
4-
1
$1.05
2-15
2-
25c
2-21
2-10
3-10
2-15
1
2-14
15c
B
2-35
2-28
25C
3-10
/;4iv4- $3
(s-a)
3-
: 74-14
1
(quar.)
debenture D (quar.i
4-
r
4-
1
$1.75
4-
1
{$1.50
—-
3-
$1.50 class AA (
-
4-
1
$1
2-15
25c
2-15
2-
2-15
2-
A
5-1
:
■
5-
1'
2-
3-14
,
2-15
1-31
5%
«
3-15
3-
3-10
2-
{20c
3-1
4- 2- 1
10c
3-15
2-25
3-15
2-25
3-
25c
■■
75c
(quar.)
common
(quar.)
1
1
1-28
81.12%
1
2-7
$1.50
3-
{$1.75
preferred (quar.)
6% preferred (quar.)
Okonite Co.,
Omar
.
Inc.,
6%
Ontario
7%
Steel
Products
(quar.)____
2-15
1-15
(quar.)———_______—
2-15
{$1%
:
2-23
1
1
3-10
Elevator,
vV 6%
preferred (quar.)
Ottawa Light Heat & Power, common (quar.)
5% preferred-' (qbar.)_ J——774—-7_ _77 -4:
Outboard Marine & Mfg.
Overseas Securities
Owens-Illinois
Glass
Pacific
67«i
&
Gas
5 Ms %
3-25
3-
3- 4
tl5c
4-
1
4-
I
2-21
30c
2-15
50c
2-15:
$1.25
preferred
2-
1
(quar.)—
■Extra
1-31
2-15
6%
1-31
2-15
1-31
3-
'.'■■ 75c
(quar.).————
—
1
2-15
34 %c
2-15
50c
-
.
2-21
Common
Pa ton
7%
—
7
:
Manufacturing Co.,
preferred (quar,-):—
3-15
2-29
3-10
2-21
10c
1
10c
2-15
2-15
2-
2-15
•
2-28
1st
(quar.)_
$1.75
3-
1
$1
4-
1
3-15
$1.25
4-1
4-15
Pepperell Manufacturing Co.
Perkins Machine
Peter
Paul,
Pettibone
& Gear,
.
7%: pfd.
2-
3-
1
——
a
—
3-10
,2-21
2-10
1
2-10
25c
(s-a)
3-
2-15
2-24
2-
■
,
Phillips
Petroleum
Co.
(quar.)———
3-
1
1
2-11
50c
Phillips Pump & Tank Co,, class A——„
Phoenix Hosiery, 7%
1st preferred
——
27»c
$32.37
Photo
1
2-
Water
2-
1
3-
1
3-
1
57ft
1
2-
2-
1
1
3-15
3-25
Oil
of
Pittsburgh Steel Co.—5Mj% prior preferred
$1.3772
3-
1
2-15
Poor & Co.,
572%
preferred
Power Corp.
67ft
Pratt
1st
Food
Procter- &
(quar.)
preferred
preferred
preferred
8%
+$1.50
/'
1
2-19
3-
2-15
Bros.
3-
2-
67ft pfd. (monthly)
50c
com.
2-21
2-21
-
2-15
2-15
3-15
2-15
...
2-25*
43;;
ti-10
'
5-25*
2-15
2-
3-
6272c
5
4
2-21
3-15
3-15
3-
(quar.)
Metal
Co..
Cap,
Canada
2
$2.50
25c
preferred
preferred
Ltd
Mines,
40c
•
S
Amulet
(Hiram)
preferred
'..
7-Wellman
Wentworth
Mfg.,
$1
West
7%
1
Penn
Common
7%
3-31
Westvaco
2-15
2-
3-
2-16
preferred
Products
Paper Co.,
preferred
S.)
Dental
Mfg.
Co.
Common
Common
Tampa
3-10
3-
3
Williamsport Water, $6 preferred
3-31
3-22
3-10
Wilson &
3- 3
Wilson
2-15*
Co,,
Winstead
Haute
Texas
Gulf
Line,
$1.1272
Extra
7/
2-15
(quar.)7__
1 77 3-
•
3-
2-15
1 7/
2-
1
1
50c
50c /
—...
common
(irregular)
50c
(irregular)
(irregular)
2-15
1
36-
1
2-15
1
9-
1
8-15
12-
1
11-15
40c
$1.75
50c
2-15
'3-
1
3-15
8
3-
2-10
"7
,
7
3-18
3-18
Governor
(F.
W.)
(Rudolph)
2nd
1
2-11
3-10
2-21
$2.50
2-15
2-
$1.50
5-
1
4-15
1
4-15
1
$1
58-
1
$1
8-
1
7-15
11-
1
10-16
11-1
10-16
,
preferred
307ft
books
•Transfer
tPayable in U.
{Payable
in
(quar.
4-29
18^40
8-15
7-31
25c
3-
3
2-18
40c
3-
1
2-10
(irregular20c
Co...
2-15
40c
—_—
3-
resident tax,
157ft)
2-
1
1
2-19
$20c
2-15
2-
3
+$3.50
2-15
2-
3
+$3.50
2-15
2-
3
50c
(s-a)
not
S.
■
1-31
5-15
...
income
closed
funds,
Canadian
"■:;-
2-15
(quar.)
Jamaica
•
7-15
lS^c
—
Youngstown Sheet & Tube, common.
5727ft preferred A (quar.)..
xLess
1-27
3-
I8Y4C
•
York Knitting Mills, Ltd., common (s-a)_,
77ft 1st preferred (s-a)
7%
1-29
3-1
■—SI
Co.
Worcester Transit Assoc.
Wurlitzer
2-14
Crampton Corp.—
2-11
1
2-
V
4- 1
$3
-•
—
:
1-31
3-
1
$1.50
—
3-15
2-15
4-
2-25
$1.377a
5-15
50c
(quar.).
8
2-
2-15
3-1
50c
Co.__
7% pfd.
(quar.)...
50c
3-
2-
2-25
$1.50
Woolworth
1
3-22..
2-29
$1.50
—
....
Woodward
2-15
4-
7
2-1
3-10
$1
(quar.)__.+
;
Winters &
2-19
3-
7'
l
2-29
35c
Quarterly
2-25
10c
4-
$1
■
Extra
3-
1
1-17
2-15
!, $174
$6 preferred (accum.'
57o 1st preferred (s-a).
Hosiery
2-29
Ltd.—
(quar.)
Sulphur
3-
377ac
40c
Water Works,
2-15
$1
■••7.:,7 Extra
Quarterly
2-16
40c
(increased quar )__,___
Electric
Terre
2-15
3-18
10c
preferred (quar.
preferred (initial)__
Common
1-24
1-17
$1.50
2- 4
50c
Die
6%
Special
2-28
2-15
1
75c
$1.50
2-19
2-15
$1.75
1
30C
2-16
2-19
$1.50
/
Wilkes-Barre Lace Mfg. "Co.......
2-15
•
4
4-
conv.
2-28
1
3-
7%
2-15
1
3-
10c
(quar.)..;
3-31
3-
_
(quar.)
3-31o
J20c
8772C
30c
1
1
1
SI.75
2-
preferred
preferred
30c
2-15
(quar.).._._____
2-15
preferred
Corp.,
(Irregular)
3-1
Whitman (Win.), 1% preferred (quar.)_____
7, Wilcox (H. F.) Oil & Gas (resumed)...
1-29
conv.
Syracuse Transit
$1
4
1
$1
Extra
2-
1
conv.
Co.,
2-15
2-15
3-
77ft
International
3-1
25c
4-
77ft
Deposit receipts
8-15
10c
$1.50
5
Swift
5-15
8-31
$1.75,
2- 5
Co.
2-14
5-31
(quar.$1
2-
2nd
2-29
pl'd.' (quar.)
common
2-15
&
2-15
\
(quar.)
3-4
2-28
2-15
3-18
(quar.)________
3-15
2-28
;'!5,,18.
2-29
2-29-
(quar,)..
.
■!
.
50c
2-15
3-
■■■
'
4-1
preferred......;
2-15
Machinery
5-15
,$9
preferred......^.
3174c
Superior Tool
1
$1.75
93 3/4 C
Swan-Finch Oil,
6-
$2i50;;:-\f:6-, :V'
$1.75
25c
Wells, $1.25 pfd. (accum.)
preferred, (quar.)____.
Sullivan
2-15
$1.25
.
50c
40C
$1
2-11'
2-15
1;
3- 1
Instrument
Chlorine
(S.
2-11
3-15
22Vhc7
3174C
12720
3-15
3-
$1.25
(irreg.)
;
Wheeling Electric, 6 7ft
White
2-15
2-15
^
6?ft
participating
15c
—
4-10
2-11
75c
.....
4-15.
77ft
3-10
4-20
t$l
■
25c
(quar.)
3-20
3-10
t25c
Stationery, 5% pfd, (quar.)
&
Manufacturing—
'
Weston Electric
Whitaker
4-15
7-15
2-15
Electric
3-31
5
1
1
■
Virginia Pulp & Paper, 6% preferred..
47a% preferred (initial quar.)
2-29
.
5-
8-1
3-
3-11
__7"
(quar.)
3-10
1
2-19
3-15
:
conv.
Electric;
preferred
4-15
3-
2-18
1
40c
Wesson Oil &
Snowdrift, $4 conv. pfd. (quar.)
1/West Canadian Hydro Electric Corp., Ltd.—
80c participating preferred
(quaro
West Coast Telephone, 6%
pfd. (quar,)___._
2-15
75c
2-18
1
$1.127a
......
....
Engineering
3-15
.
2
3-
& Worts—
77?,preferred (quar.).L
25c
!
3-
3-
;;20c
(quar.)
(quar.)
:
2-21
$1%
(quar.)....
Western Tablet &
common
9-21
3-1
$1.75.
77«. preferred
7% preferred
,v
6-21
12-23
5c
(interim).:
Washington Railway & Elec.
Participating units
Wayne Pump Co. (quar.)
■Welch Grape Juice Co.—
V/estinghouse
1 quar.)
1
10-2
$1
(semi-annual basis)
2-15
x'
3-22
7-
'
2-26
1
1-2-45
40c
—„
2-18
preferred (quar.).
3-8
4-
6272c
—
1
1
$1
.......627ac
preferred
1
$1.0674
2- 4
(s-a).. ■:/
Gooderham
3-15
.
2-25
7/4
.77 62M«c
(quar.)...—
3-
50c
2-15
$1
Mines, Ltd,
3-
$1.25
2-29
Steel
50c
common
1
74273c
(quar.)
40c
.
1
3-
3-1
(quar.)„____i.627ac
(irregular
(quar.)
3-
3-117
'
'.$2
accum.)
West
:
Inc.,
1
(quar.)^
preferred
preferred
3*
2-15
3-15
40c
common
prior preferred
prior
1
3*
3-15
iL—.-J..
8%
Knitting Co.,
3-
6272c
4-
7-
15c
Co.
(quar.)T:,
(quar.)..
(Northam) Corp., $3 pfd. (quar.).._._
Washington Ry. & Elec., 5% pfd. (quar,)
7; ! 5% preferred (quar.)^......—
2-15
v
preferred A
$1.25
$1.25
25c
4-15
127ac
$1.75
(quar,)—
'
Struthers
4%
3-15
3-10
2-14
Swift &
3-15
40c
2-10
2-15
1-14
7-15
1
2-15
2-15
1-28
4-15
$1.25
3-1
1
2-15
4-15
(irregular)
Furniture
2-19
$1.25
$1.62 7a
1
3-15
1
$1.1272
Strawbridge & Clothier, 6% prior pfd. (quar.)
Stromberg-Carlson, 6V2% preferred (quar.).
3-
$1.25
1
5-1
2nd preferred—
3-
$2
/
5-
$1.25
Corp!.
5%
25c
50c
$1.75
(irreg.)
Subject to the approval of the Washington
Dept. of Public Service
Purity Bakeries Corp,
1
1
50c
—
(quar.)_—
Puget Sound Power & Light
33-
2-21
•
$1.25
(quar.)
J., $5 pfd.. (quar.)
preferred (monthly).
preferred (monthly)
preferred (quar.)j
preferred (quar.)
3-
5873C
41%c
.
——
of Indiana,
1
9
2-29
25c
(quar.)..
Extra
>
9
3-
3-11
50c
Co;
$1.60 pfd.
(Ohio),
Stores
$1.75
Warren
2-19
3-15
:
(quar.)
preferred
(quar.)_:._.—
preferred
2-15
(Indiana)
1st
Storkline
1-25*
t5c
3-10
S1.06V4
4
!_...
...
California
Co.
2-li
■
2-11
.
3-36
3-10
(quar.)
5%
3-16
$1
■■
Corp., common—44444i" •
prior preferred
$1
1
4-1
Common
3-3
50c
Sterling Drug, Inc. (quar.)..^..
Stonega Coal & Coke..
3-20
50c
preferred Class A (quar.)——
preferred
Sterchi
2-15
4-15
2-21
3-10
4-
.
$1
Walker
6
$2
50c ■'
2.4..'
••
Sugar Corp., $5 preferred (quar.)——
S.
7%
:
'
3-20
——
Public Service Elec. & Gas, $5 pfd.
7%
$1.50
1
4-15
(interim)—-,——
(quar.)
Public Service Corp. of N.
6%
3-
(monthly)-:
(monthly)———
Service Co.
Corp.,
11-29*
(quar.)4___—
_«4
Walgreen Co., common (quar.)..
4'/2% preferred
(quar.)
3-6
$1.12 7a
(guar.).
—
Stanley Works (The), 57o
Ostein (A.) Go. (quar.i
2-15
$1.3772
10-
3-15
45c
Standard Wholesale Phosphate & Acid Wks.—
Common
2-15
1
^—'
Gamble
77ft
7%
1
3-
Co.
57ft
6%
3-
$1.50
(quar.)
Public Service of Colorado,
5%
pfd.
of Canada, 67ft.pfd. (quar.).—t75c
Proprietary Mines, Ltd.
Public
3772c
(quar.)—
—;——
67ft
Power,
7
5
10-16
$1 -
3-10 '
-
J2-20
-4
Virginian Ry., 6% preferred (quar.)_7-...__
377sc
6% preferred (quar.)......—■ 3772c
;7Vogt Manufacturing Corp
15c
Vulcan Detinnlng Co., common
(irreg.S17a
1-31
4-
$1.50
(quar.)
6 7ft
(accum.)
class A (quar.)————
Electric
Potomac
4-
2-21
4-15
*
1
1-31
1
40c
Playing Card
Syndicate, (resumed )_„
Virginia Coal & Iron.-
■
(quar.)
preferred
Standard Silica.
3-10
.
2-15
1
10c
Insurance
preefrred
.1 Standard Stoker
9
2-21
pfd. (quar.)
8-15
3-
$1
./■'/; $4% preferred (initial quar.).^.
2-15
3-
Engravers & Electrotypers (irregular)
75c
Pillsbury Flour Mills ——:_
4
25c
Pitney-Bowes Postage Meter (quar.)—10c
Pittsburgh Bessemer & Lake Erie RR. (s-a).■
75c
Pittsburgh Forging Co. (quar.)————.
25c
10c
quar.)
Co!
Standard Oil Co.
4
2-15
3-
conv.
9-15
25c
4
Standard Dredging
2-11
3-
$1.25
4
(initial
Standard Oil
20c
5-15
-
Accident
Standard
1
$1.50
Philadelphia Suburban Water, common—
6%
preferred (quar.) ——4———
2-15
6-15
Standard Cap & Seal Corp,,—
44, $1.60 convertible preferred (quar.
2-21
>50C
25c
5% preferred
/ Philadelphia Insulated Wire
Co.,
3-20
3-15
$1.25
;
(quar.)....-^_-__
(quar.)_444___'
,
com.
$4.50
5
25c
Inc: (quar.)
4-15
$1.25
...
(quar.)
2-15
4-
(quar.)
S.
Venezula
1-20
4-20
'
8-31*
Vanadium-Alloys
1-20
5-15
6-15
3-20
2-
9-20
Utilities Stock &f Bond Corp.
2-20
,
2-15
2-15
{$1.50
(quar.)
5% non-cum. pfd. (quar.)
preferred
3-15
{20c
preferred 4.—
Standard
2-18
2-15
2-15
{20c
Standard Brands, Inc....
2-29
3-1
$1.75
(quar.)—
3-1
$2.50
Mulliken
Philadelphia
non-cum.
Stamford
3-21
,
2-15
377aC
—-—
$5 preferred Series A (quar.)..
$4.25 preferred B (quar.)
3-15
Peoples Gas Light & Coke_—
7$1
Peoples Telephone, 47>% preferred—$1,50
Peoples Water & Gas, $6 preferred (quar.)$1.50
377aC
:
Spiegel, Inc., $4.50 conv. preferred
Squibb (E. R.) & Sons, common.
,
2-11
(quar.)-
1
3-15
•
Spencer Kellogg & Sons-
2-15
$7. pfd,
3-
(quar.)—
Sparton Mills
5
Pennsylvania Water & Power, com.
$5 preferred (quar.)
Pennsylvania State Water,
X27aC
2-14 7.
1
1
1
4-10
40c
Waite
common
preferred
Common
1-17
31.'Ac
7
(quar.)
non-cum.
New
preferred (quar.)_
Power,
Sparks Withington Co!, 67o
Pennsylvania-Central Airlines—
7 $1.25
4-
3-
Sovereign Investors
Spaldmg (A. G.) & Bros., 1st preferred.:
1-26
35c
{75c -■
(quar.i—
4 2-29
$1.50
377aC
Southwestern Public Service
2-26
3-
■
2-29
$1.50
Canada
6%- preferred
5%
2-21
3-15
Peninsular Grinding Wheel_
J_—
Peninsular Telephone, $1.40 cum. cl. A (quar.)
Ltd., com.
'
1
2-21
{$1.75
■
Peabody Coal, 6% preferred (accum.)__
Peck, Stow & Wilcox (irregular)——
Penman's
3-
25c
$$1.00
(quar.)..
common
43-F::'
>1.37 7a
62 7a C
■r-
—
Southern Railway,
5%
(quar.)—
(reduced)
preferred Class B (q«ar.)_
(quar.)
Common
'
Parkersburg Rig & Reel. $5Va pfd.
Works
$6 1st pfd. (quar.)
Greyhound Lines, com. (quar.)
...w;L^4!-—-4—-—
n
Common
Southern
1-20
1
3-
Lathe
7-
3-15
2-28
*
•
50c
5%-prior preferred
1
2-15
3-15
4-1
$1.75
57a
■Southern California Edison Co.—
1-30
2-15
3l7»c
(quar.)—
—
2-25
Carolina Power Co.,
Southeastern
4
377aC
pfd.
(quar.)
Pacific Lighting Corp.
Package Machinery
2-
Bend
South
2- 9
50c
(quar.)————
t accum. i~_-_--7_
Co.
South
2-9
{$1.25
$1.50
2-15
'
(quar.)
5%
2-15
50c
(quar.).
1
4-10
5%
2-25
5C
—
Soundview Pulp & Paper Co., com.
69e
preferred (quar.)
2-23
:
;
Electric, 5%
preferred
3-20
$1.50
Oxford Paper, $5 preferred
..
:•
20c
common———------
(quar,).4
Utah-Idaho Sugar Co.
2-18*
10c
1
4-
5-31*
Utica
1-15
3-15
3-
3-15'
2-29*
Products
3- 1
25c
3-15
3-20
Laboratories,
2-29
2-15
3-11
.
2-15
4-1
5-15
Upper
8
25C
1
6-20
Insurance
2-29
4-
2-15
1
3-
40c
Upressit
'
Otis
.
2-
4-
12 7a a
——
—
1-15
3-20
2-25
{20c
participating preference (s-a)___..^._
Oil Corp. (quar.)
Skilsaw, Inc. (quar.)
Socony-Vacuum Oil Co. (s-a)
Solar Aircraft Co.
(extra)
-4—7
Sonotone Corp
3-18
{25c
___
50c
1
4-
$1V4
(ouar.)
Universal
2-15
{20c
A
(accum.)
Sinclair
3-18
3-31
(quar.)".
com.
40c
2-15
3-31
$1.50
(quar.)—
preferred
'
1
10c
common—-———-
preferred
Sivyer Steel Castings Co.
Silverwood Dairies, Ltd.,
2-25
3-
{25c
__
2-11
3-
—40c
Universal
'
4-1
3-
Ogilvie Flour Mills, common (quar.)
77ft preferred (quar.____________
Ohio Power, 472%
2-26
1
(quar.)
6.4%
1-31
1
3-
3- 7
3-
4
•
$174
Convertible partic. class A
(Irreg.);
S. Pipe & Foundry, common
Universal
3-10
2-15
$1.25
2-26
'
prior preferred
2
1-15
7
Mfrs.—
preferred (quar.)—
4_i4."
6.47ft preferred A (quar.)___._____—____4
1-18
1
$1.75
:
.
$5
2-10
4-
2-
2-15
$3.50
..
(quar.)........
Leather, 7%
77ft
1
2-25
>•
$23c
{$1.75
preferred
United States Steel
U.
1
2-14
3-
prefeired
Merchants &
Extra
2-11
3-
2-15
Common
U.
1
23c
Co.,
3-
1-31''
1
Common
4
$10c
(quar.)—
preferred
3-
Common
U.
2-18
■
(quar.)____44
S.
4-20
2-15
50c
1-31
7 :2-15
$1.25
(quar.)
U.
4-20
20c
■
class. B
Sherwin-Williams
pfd. (quar.)
conv.
U.
2-25
$1
...
—
5%
Amer., 57ft pfd.
(extra)—627ac
S, Electric Light & Power, class A
4.
3c
5
3-13
$l'.127a
.....
2-15
50c
United Shoe Machinery
5
50c
45c
(increased)..
....
Shawinigan Water & Power (quar.).
(Canada), 7% pfd. (quar.)
1-31
377a 0
accum.
3-4
Missouri-—
United N. J, RR. & Canal
(quar,$2.50
3-10
Sherwin-Williams
$1.50 class A (quar.)—
3-15
of
Corp., $7 preferred (accum.)—
Light & Railways Co. (Del.)—
prior
57ft
'
3-10
$1.62 7a
(Del,) (quar.) ...^
Roebuck & Co. (quar.)
Servel, Inc.
Light & Power Co.—
preferred (quar.)____
(quar.)__.„4.—$L377a
■4 57<> preferred (quar.)_.^._.
3-10
....
com.
-
3-10
$1.87 7a
...
debenture C
Class
Scotia
6%
2-21
2-28
Co.
preferred
United
3-10
$2
(quar.)
;v
2-11
1
1
3-1'
(monthly)587ac
7% prior preferred
(monthly)
5873C
4;6.36% prior preferred (monthly)_______
53c
6.367ft prior preferred
(monthly)_________
53c
'4 6% prior preferred (monthly)_4„.50c
6% prior preferred
(monthly) _________4.
50c
2-18
3-
$1.50
3
2-10
7%
2-10
10c
—
iquar.)
(quar.)..
debentures
Serrick Corp.,
O'Connor Moffatt & Co.—
$1.50
2-
■
3-10
common....,
.
1
25c
pfd.
2-15
1
7%
2-15
partic. preference (quar.)—
Secord iLaura) Candy Shops (quar.)
3-15
Pharmacal Co.-.
Norwich
Nova
(quar.)
5c
3-
2-15
1
conv.
debenture A
5
3-
47<>
2-15
7
:
2-15
Second Canadian Internat'l Invest. Co., Ltd.—
1
2-1
Chemicals, $3 partic. pfd. (quar.)__
75c
Corp. (Del.), $3 preferred (accum;). 4! $1.25
United Corps,, Ltd., Class A
(quar.)
J38c
United Engineering &
Foundry, common....
50c
3
3-
2-19
3-
2-15
United
2-15
15c
(quar.)
com.
2-
1
62 7a c
2-19
20c
■>-
I2'4c
42-16
'
__——___
1-22
2-15
4 2-16
United
v-
3-21
2-22
25c
United Gas
75c
■■
2-18
jic
1
3-15
Sears
1
2-25
3-4
1
2-15
25C
1
2-25
3-15
1
1
Seaboard Oil
3-
3-15
50c
3-
1
2-14
3-
10c
35c
3-
4-
2-21
4-1
(quar.).„__.4—
25c
3-
Scranton Lace Co.
40c
2-10
$1.25
25c
2-24
$1.75
1
Pump..
Aircraft Corp.,
Biscuit Co. of
377aC
&
2-14
Northwestern States Portland Cement (quar.)
Norwalk Tire & Rubber, com
3-
Common
3-
(Helena),
Paper, common (quar.).
$4.50 convertible preferred (quar,)
1-31
Electric
3-10
3-10
2-15
5c
$47a> preferred (qyar.).^...^...1
$1.12 7a
$5 preferred (quar.)..
—$1.25
'
2-19
$17a
■
_w.—
Scott
1
2-10
United
377aC
2-21
$1.50
_
Union
1-25
"
'
(quar.)........
50c
Service, 1% pfd. (quar.)
(quar.)
1
preferred
Paper, Ltd., common
preferred (quar.)
Pump
10-
50c
25c
15c
(N. Y.), com. (s-a)__
j,—..
_J7.
________
8-
7
4
$1.50
(quar.)
(quar.)
Northern Insurance Co.
Extra
8-
5
1-25
2-15
•
,
Schumacher Wall Board,
$2 preferred (quar.).
2-21
,
$1.75
(irreg.)
$4 preferred (quar.)
Scotten Dillon Co.—
Consolidated
Co.
2-
16c
Insurance, common.—
Insurance
$1.50 eonv.
77ft
2-5
1
44—;4 20c
Coal,
preferred
United
672%
3-10
5Vij%
:
2-15
Truax-Traer
9-15
1-25
2-15
1
4-15
2-15
2.-15
2-15
3-
(quar.)—
1
1
$2
1
15c
"
pfd.
3- 1
3-15
$2.50
35c
...
6%
United
7% 7
(s-a)_--__
1
3-
Union Tank Car Co.
8%
——
Ry. (quar.)
1
4-15
6-15
2-29
3-
5-
7
3-15
3-17
$1
3-
(quar.)—
1
3-10
{$1
1
1-31
3-15
3-15
..I
&
7-1
3-31
,
Tank
com.
4-
Savage Arms 'Corp;.....
Savannah Elec. & Power, 6%
2-4
Oil
Co.,
$1.75
150c
S4,
Washington Steamboat
Western
1
Trane
5
$1.75
$1.50
—-
Extra
Norfolk &
3-
5-
15c
preferred (quar.)—
Safeway Steel Products..;
St. Joseph Water, 6% preferred
New York State Electric & Gas—
<
15c
r
2nd preferred (quar.)
1st and 2nd preferred (quar.
77f 1st and 2nd preferred (quar.)
Saco-Lowell
2-18
3-14;
$1.25
(quar.)
Tokhelm
2-
-
7%
$1
,
preferred
1
3-
Power-
„
non-cum.
3-
50c
1
*
Brake——
Air
2-25
2-15
2-10
1
25c
preferred,(quar.).
Bearing Co._/!._.
Mines
1-31
$1.25
Oil—
common
7-
2-15
'
4-1
7-15
-,w—.
Extra
!m
$1/50 preferred (quar.) 1..—
Class A (quar.)......
Steel, common (quar.)
$2.50 convertible preferred (quar.)
'■Rutland & Whitehall RR.^..
2-18
1
conv.
1
Rubinstein
■>;/•!
3-
'
-
Roofing Co.,
3-
Rustless Iron
,
3%''
68;,/+c
•
Roxy Theatre,
7
t
annual
Increased
New
(quar.).....
Tilo
2-15
6%
2- 4
2-
44
A___
3-28
25c
of Rec.
4-15
(quar.).
——...—
50c
Rome
4-15
1
2-15
50c
■
53-
50c
$3.25
Insurance Co.—■
1
class
:/
(irregular)
Rolland
2-14
$1.25
_
Amsterdam
,
4
! $1
4
and
common
Rice-Stix Dry Goods
2-16
Associated
Toburn
Rochester Button Co.—
3-1
1
3-
.
50c
Mfg. Co. (quar.)_7__7^..-_:7--^7- '
Newport News Shipbuilding & Dry Dock-; com.
$5 preferred
(quar.)_
Haven
3-15
$1.25
Newmarket
•;
2-1
Water
Extra
pfd.
conv.
Holders
Payable
30c
25c
$5
—
7%
■"
2-29
2-15
20c '
Newberry (J. J.) Co., 5% pfd. A. (quar.).—
New
3-15
$2
__
Tide
1
40C
7
...
(quar.)_.___
R.V Co.
——
35c
Common
1
25c
Brothers
(quar.)
;.
Neptune Meter, 8% preferred (quar.)
Nestle-Le Mur, $2 class A (accum.)__!
New
■'
Common
40c
•
Republic Petroleum, 57a(k pfd.
Republic Investors Fund,
6% preferred A (quar.)
67c preferred B (quar.)__
Reynolds (R. J.) Tobacco—
Common (quar.
interim).
7 Class B
(quar. Interim)
7
2-28
Extra
1
25c
Semi-annual
2-
cm
4
40c
(quar.)
&
preferred
(quar.).—30c '
Thatcher Mfg., $3.60 preferred
(quar.).....
90c
1-25
40c
when
share
preferred
$8.50
•
iquar.)^.
6%
25c
1 accum. ).
Engineering Co._^
Republic Drill & Tool,
10-20
2-29 '• '
Co., 6%
2-17
.
—
__—
Texas Water
9
(quar.)...._._4._-..__-4_
preferred
$1.60
Reliance
4-21
1
8-
$1.60
Mills,
Name of Company
1
3-
Regent Knitting Mills, common
$1.60 preferred
(quar.).■
Hosiery
2-
2-25
50c
4
3-15
25c
3-15
$2 5c
Per
of Reo.
2-29
■»
619
Holder■
Payable
$17a
.
...
Silk
When
share
■'
3-10
7
20c
Quarterly
2c
Quarterly
2c
Quarterly ____________——.7
2c
National Gypsum, $4.50 preferred (quar.)..
$1.12Ms
National Lead, 7 7ft preferred A (quar.)_____
$1.75
National Liberty Insurance Co. of America—
■r*:.
2-10
4-15
25c
—1
National Dairy ProductS-_r—:
National Electric Welding Machine.,
(quar.)
Name of Company
1
3-
■"
$1.75
.
(quar.)
National Cylinder Gas
Per
of Reo.
3-
25c
30c
(quar.)._
common
(quar.)..——_—.
Container
When
Payable
15c
(quar.).
Co., common
preferred
National
pfd.
FINANCIAL CHRONICLE
Holders
Per
share
,77:'
Company
National Automotive Fibre, 6%
National
THE COMMERCIAL 8c
4255
for
this
less 15 7ft
funds,
resident
1
tax.
tax,
tax
77o.
dividend.
Canadian non-residents*" tax.
deductible
a
at
tne
Less British
source.
income
Noa-
tax.
Monday, February 14, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
680
and domestic, are not in¬
The following is the aggre¬
Government issues, foreign
Listings On The flew York Stock
Goeidifion Statement of
weekly reporting member
banks of the Federal Reserve System in 101 leading
cities shows the following principal changes for the week
cluded in the above tables.
of
S.
$1,345,000,000 in holdings
obligations and $4,796,000,000 in U.
Increases of
ended Feb. 2:
U. S. Government
and a decrease of $2,940,000,000 in
deposits-adjusted.
• • ■ : i
Commercial,
industrial and agricultural loans in¬
creased $27,000,000.
Loans to brokers and dealers for
purchasing or carrying U. S. Government obligations
increased $88,000,000 and other loans for the same pur¬
pose increased $370,000,000.
,
Government deposits,
demand
.
increased $344,000,000 in
the Chicago district, and
all reporting member banks. Holdings
Treasury bills
New York City, $94,000,000 in
of
Holdings
$571,000,000 at
$136,-
indebtedness declined
certificates of
of Treasury
Cleveland
000,000 in New York City, $47,000,000 in the
district, $44,000,000 in the Boston district, and $304,000,000
at all reporting member banks.
Holdings of Treasury
notes and of U. S. Government bonds vincreased in all
increases at all reporting member
$864,000,000 and $235,000,000, respectively.
the total
districts;
banks were
districts, the
deposits-adjusted declined in all
Demand
principal decreases being $1,516,000,000 in New York
City, $422,000,000 in the Chicago district, and $228,000,000 in the Boston district; the total decrease was $2,940,000,000.
U. S. Government deposits increased in all
districts, the principal increases being $2,251,000,000 in
New York City, $672,000,000 in the Chicago District, and
$418,000,000 in the Boston District; the total increase
was $4,796,000,000.
.
'
1
A
and liabilities of
and of debits to demand de¬
of the principal assets
summary
posit accounts, follows:
„
millions of
(In
' ;
-
„
dollars)
Increase (+) or
Since
Decrease (—)
' '"'vi
AWW
Investments—total—...—
Assets—
•
and
Loans
Loans—total
'
for,
dealers
and
brokers
to
ities
by many
'4-
—
securities
Other
Real estate
Loans
banks
to
7
1,699
v
.—;—
86
1,240
+
19
^
194
—
*
3,660
304
+
18,284
1,767
Government
Obligations guaranteed by U. S.
.
Cash
222
Liabilities—
1199430275——
•
236
,L_'2 1,940
6,292
3
5,892,995,975
3,751,639,050.
6,270,129,450
6,270,129,450
The
Interbank deposits:
Domestic' banks
Borrowings
Debits to demand
814
—;
—
U.
7
64
+
9
'
52
+
v
*
492,196,541
691,436.041
369^334,643
73,693,000
154,523,644
451,456,410
—743,911,957
786,386,620
850,864,956
9,116,500
588,274,925
174,500,000
1,113,245,600
1940—
Reserve Banks Combined
'
1937__L__
of dollars)
1934-
;§|
•
<
Increase ( + ) or Decrease
.
..
,
,
Gold
certificates
1943
19,417,573
'"-L 63,002
—1,025,704
'
S,
notes
2,221
1937
228,287
+
6,395
262,893
r-r.
350,776
cash
Total
20,031,242
reserves
22,451
Discounts and advances
9,939
Industrial loans
—
-
—
42,628
840,045
71,618
Certificates
Notes
„
933,200
_
—1,675,734
Bonds
Total loans and securities—,
F.
from
foreign
R. notes
Other
11,201,453
136
81,699
1,542,618
of other banks
:
35,112
—
65,656
assets
32,957,916
assets
■
+
-2,917
—
—175,201
5,455,077
314.889
+
1,934
+
+ 4,935,719
—860,816
Liabilities-
Federal Reserve
notes,,,—17,084,973
+
45,169
.
Deposits:
Member bank- reserve
U.
S. Treasurer—gen.
acct.,
accts.;
Foreign
Other
Other
,
availability items
liabs., incl.
12,482,352
8,419
1,524,936
181,742
—364,477
—
accrd. divs,
Total liabilities
14,197,449
1,233,488
7,561
Surplus
paid in
(Section
—861,458
155,942
188,097
7),_
Surplus (Section 13b)__,
-
26,965
._
—
63,441
Total liabilities & cap. accts.
32,957,916
4.0ther
capital accounts—:
Ratio of total res.
297
to
242,088
+
+
+
+
—
'''
'
9,i7o
27,686
+
■:
136
combined
make
■.
' '
100,7GO,80Q
265,894,041
1941...
75,580,200
490
;+
6,532
1939...
62,263,500
+
4,935,719
1938,,.
50,717,000
14.4%
1936...
1940...
+
1.1%
—
1935...
10,282
$
1942...
1937...
64.0%
+
1
—
335
756,886,763
585,826,714
Total Bonds,
and Stocks
$1,255,987,712
1,021,664,684
1,702,727,682
1934.,.
mentioned:
380,529,800
205,417,700
Miscell.
105,559,100
$
"
Utilities
Railroad
214,749,000
44,539,500
Indust. &
Miscell.
$
!
122,179,000
210,588,000' 214,954,000
586,084,900 451,581,500
115.825,200 363.724,620
543,823,100 408,418,500
816,951,000 346,563,335
643,589,000 394,804,265
621,142,9001,165,253,000
155,220,000
Public
Indus. &
$
70,621,400
'
989,572,370
559,639,080
19,230,900
,
the following tabulations we undertake to. show:
how much of the listings in the above were for foreign,
We
purposes.
amounts of securities of
give first the
foreign corporations per se, and secondly, the amounts'
of securities of American corporations issued for acquir-.
ing
or
C
financing and developing properties outside the
Both amounts are included in the totals
United States.
listings in the above:
of corporate
,».
LISTED ON THE NEW YORK
STATES AND
STOCK EXCHANGE
-STOCKS-
-BONDS-
Indust.
Indust.
$
Miscell.
Utilities
Railroad
Miscell.
Utilities
and
Pub'ic
and
Public
Railroad
:
-
,
CORPORATIONS PLACED IN THE UNITED
SECURITIES OF FOREIGN
S
S
1943—
1942—
11)41
1940—
1939
2,000,000
—
6,741,900
1938—
1937—
3,297,000
27,904,000 18,500,000
...
.—
33,255.425
5,695,941
40,300,530
19,053,500
.25,000,000
1936—
1935—
—II— 13,803^500
I
1934—
SECURITIES
OF
AMERICAN
COMPANIES
ISSUED
FOR FINANCING
OPERATIONS OUTSIDE UNITED STATES
-STOCKS-
-BONDS-
Indust.,
land
Indust.
«
•
Public
and
Public
Railroad
Utilities
$
$
Railroad
Miscell.
Utilities
Miscell.
$
:
; -
$
,,
1943__
1942—
1941—
1939—
1938.
975,840
.
^
623.503,084
1,782,600
337,200,828
67.284,590
55,073,067
29,406,019
505,001,996
43,204,727
233,372,850
,
141,055,253
■
94,548,825
........
LIIII
1,957,500
1936—
9,836^3401
1935—
1,089,720
1934—
IIII—
listed during the year 1843 aggre¬
bond issues
Total
gated $293,501^200, the smallest since 1934, when $229,329,500 was recorded.
The 1943 total compares with
$691,436,041 in 1942 and $1,113,248,600 in 1941.
Of the
1943 total,;$31j290,400 was'for new capital, the smallest'
showing since 1933.
This compared with $199,239,500 in
1942 and $369,334,643 in 1941.
The remainder, in the
amount of $262,210,800, was for refunding purposes, the
smallest since 1934 and compared with $492,196,541 in
1942 and
Of the total bonds listed,;
of $165,-
$743,911,957 in 1.941.
railroads accounted for $100,700,800, a decrease
1934, as compared with $210,583,000 in 1942, andindustrial land miscellaneous bonds aggregated $122,-1
since
179,000, also the smallest since 1934, as against $214,954,000 so recorded in 1942.
Stocks listed during 1942 aggregated $962,486,512, the
largest for
since 1937 and compared
any year
with $330,-
228,643 listed in 1942.
Of the stocks listed, Railroads ac-'
counted for only $1,782,600, compared with $121,888,800
1942; public utility stocks totaled $337,200,828, the.
largest showing since 1930 and compared with $67,284,590 in 1942, while industrial and miscellaneous stocks
aggregated $623,503,084, the best .showing since 1937.
In the railroad bond group
390,598,770
253,059,349
225,596,412
183,538,617
73,460,110 1,277,911,170
39,500,755
68,364,061 1,305.409,442
8,694,537
5,720,737
748,192,226
580,105,977
the principal issues listed
$23,483,000 Pennsylvania, Ohio and Detroit RR.
1st and ref. 38/4S of 1988, $44,223,100 Delaware & Hudson
Co. 1st and ref. 4s extended to 1963 and .$9,500,000 Ala¬
were
bama Great Southern Ry.
Public utility
Public
western
4s of
1st 3V4S of 1967; all issued for
•
bonds listed included $20,000,000 South¬
Service Co. 1st. mtge. and coll. trust
1972, issued under the SEC
integration and simpli-"
$19,621,400 Empire Gas & Fuel Co. 3V2%::
'sinking fund debs, of 1962, issued under its recapitaliza¬
tion plan; $16,000,000 California Electric Power Co. 1st
mtge. 3^2s of 1968 and $15,000,000 Delaware Power &
Light Co. 1st mtge. & coll. trust 3s of 1973, both issued
for refunding existing issues.
fication plan;
Industrial
and
miscellaneous
bonds; listed
$35,000,000 Armour & Co. of Del. 7%
debs, of 1978, $20,000,000 Wilson &
included.
cumulative income
Co., Inc. 1st mtge.
1958, both issued for refunding purposes, $20,000,000 P. Lorillard Co. 3% debs, of 1963, issued to retire
3s of
short term
loans, and for
000,000 United
Drug Co.
refunding purposes, and $20,3*4% debs, of 1958,. also for
refunding purposes.
utility stocks listed
Public
$337,200,828,
Union
gether
'
121,888,800
83,938,100
—
1937_„
amount
-STOCKS-
Utilities
.
In
refunding purpbses.
v Old Issues
Replacing
Now Listed
Old Securities
$325,606,148
..$773,088,996
5,244,688
655,568,417
86,113,945
1,097,271,851
44,717,892 V 1,042,081,856
117,319,144
1,099,148,506
440,809,787
693,268,789
64,667,201
2,310,956,675
Public
Railroad
—860,816
indus¬
trial loans
'
+
+
1,534,909,897
97,758,185
BONDS
3
:
1,413,274,258
289,638,052
the
1943...
;;+;
149
•'
3,414
+ 4,892,195
1,064,228,713
984,021,944
of the different groups
42,728
to deposit &
F. R. note liabilities
Commitments
225,309
—
—167,022
—
%
719,030
+
—
—739,896
Capital Accounts—
Capital
33,546
—175,651
478,655,761
road, public utility and industrial and miscellaneous
companies. This table shows at a glance the volume of
bonds and stocks listed during the last 10 years by each
271,924
—
485,147,595
104,993,864
589,481,082
gt the amounts underclassify the figures so as to indifollowing we each leading head, namely, rail¬
264,525
—
—166,222
32,523,471
Total deposits
Deferred
+4,689,421
'
360,515,677
248,283,550
:■ v Vr
"■
the listing of trust company receipts and of
securities marked "assented" (if preparatory to.reorganization), or of
securities
stamped "assumed" or "assessment paid"—the securities
themselves having previously been listed—are not included in this table.
25,369
—
330,228,643
353,359,894
255,695,236
separately.
"■
Note—Applications for
4,084
—
—
163,371.876
133,795,549
1,220,595,297
283,185,045
1,499,652,695
1939
558,808,520
1,692,887,096
1938—
r
703,096.986
3,978,720,862
510,033.866
251,732,947
3,427,475,715
4,189,242,528
1936—
278,363,864
336,414,111
1,071,717,468
1,686,495,443
128,799,608
429,159,221 '
257,197,385
815,156,214
1934
■"Government issues, foreign and domestic, not here included, shown
+ !%%'
89
4 :; 35,162
:_;A
—"■
519,341,886
v
1940
866,444
+5,450,132
—613,014
banks,,
premises
Total
1,536
304,285
—
360,851,579
1942—
1,774,165
—
—611,538
Uncollected items
Bank
+
10,800
11,169,063
(incl, guar, sec.)__
Due
38,000
+
".
Total U, S. Govt, securities
.
+
—■
1943—
+ 4,846,696
—640,274
.
Capital, Etc.
$157,292,568
& Stocks
5,973,089
2,587,040
L—
_
Issued for New
Bonds
4,148
—
—
U. S. Govt, securities :
Bills.:;,.
Total
$962,486,512
63,370,201
140,611,600
62,127,308
stock,
in
Replacing
Old Securities
$510,878,196
251,563,947
326,637,111
425,941,221
177,688,367
1934—
229,329,500
■"Total
9,093
+
1,476
—
1936—
1935—
Other
929,608,680
159,439,200
5,244,688
86,113,945
44,717,892
108,202,644
266,309,787
107,352,110
407,310,983
1938—
1,214,231,335
1,543,810,965
2,775,968,270
$325,606,148
60,102,549
128,661,401
—
860.079,620
1,014,505,100
782,079,416
■
3,218,000
Old Issues
Now Listed
1
.
150,007,243
1939—
Treasury
Redemption fund—F. R.
9,777,000
161,612,079
1941_
hand and
on
U. S.
due from
1944
1944
Capital, Etc.
$126,002,168
1943
Feb. 10, '44
Feb. 2, '44
169,000
-
Issued for New
Stocks
1,246,727,962
2,443,453,771
1,237,000
295,786,003
332,345,499
137,752,264
.66,672,300
V
1936-—;-
) Since
"
$293,501,200
$262,210,800
_i——
199,239,500
1935
'
Total
$31,290,400
1938—
Assets—
Replacing
Old Securities
1941
I S¥'
Sfaleiiieilt of Condition of the (2 Federal
Fez. 9, '44
S
1943—
1939—1
■
Now Listed
Capital/Etc.
stock, flncludes
of City of New York corporate
193,241 under the 1942 total of $265,894,041; public util¬
ity bonds footed up $70,621,400, the smallest in amount
YORK STOCK EXCHANGE
Old Issues
Issued for New
1942..—_
18,675
(In thousands
of secur¬
companies during the
1941 there were no listings
following tables embrace
■"Bonds
"
Gov't
S.
74
+
"Includes $315,000,000
$1,364,000 City of New York Corporate
M,.
public
the record of aggregate
corporate listings for the last 10 years:
339
167
—
accounts except
accounts,
deposit
and
'■?L—
8.858
h
;
6,249
1934.
I
■
1940-
foreign or Canadian
CORPORATE LISTINGS ON NEW
'
<
-
'
Foreign banks
910
+
result
-
■
As in 1942 and
year.
The
2,130
+
'
4,796
+
11,520
+
■
4,084,920,975
2.994,683,820"
3,675,639,050
shortages of materials and manpower.
ities of any
'
31,873
interbank
42
+
29
1939.
76,000,000
since 1938.
608
—
28
—
2,276
domestic banks.
141
454
15
—
536
vault—
in
Balances with
5,167
+
V'"j—
21
•f
8,810
1,440
235
:*:> ■—.•
2,816
securities
3,632
+
864
+
5,528
Other
816
571
+
/
8.691
1940-
1935.
new
preponderance of new
listings was in the refunding column, the total in this
category being ■ $773,088,986, as against $655,568,417 in
1942 and $1,097,271,851 in 1941, while securities listed
representing new capital footed up $157,292,568, as com¬
pared with $360,851,579 in 1942 and $519,341,886 in 1941.
Old issues just listed totaled $325,606,148 in 1943 as com¬
pared with $5,244,688 in 1942 and $86,113,945 in 1941.
The 1942 total was the lowest in the classification since
1914, while the 1943 total in this category was the largest
40
+
1941-
5,706,005,275
standing securities.
As in the, past several years the
85
—
14 ;v
.
,
3,754,989,275
2,682,944,320
prior years.
Of the total listed $125,862,230 was for new
capital, $315,606,148 represented old issues already out¬
standing in the hands of the public and now finding
their way to the Stock Exchange and $182,034,706 was
for refunding existing issues or for exchange of out¬
603
+•
12)'
313
,
i
loans—
Total
186,990,700
with divestment proceedings of the SEC
against utility holding companies.
On the other hand
industrial stocks listed in 1943 followed the trend of
370}
648
,
329,931,700
311,739,500
in compliance
1,012
B
.
Securities
1942.
1936_
Utility stocks listed in 1943 were principally the
of such securities getting into the hands of the
88}
,590 '! +
U. S. Gov.
$90,000,000 $22,066,383,100 $22,156,383,100
9,985,716,100
9,985,716,100
6,853,885,700
t6,788,572,200
65,313,500
2,848,730,550.
■"2,838,421,350
10,309,200
2,581,369,900 V. 2,668,889,830
87,519,930
1943.
corporations engaged in war 'production
listing of utility bonds in
■
Government obligations—,—..
S.
265
:+
Foreign Issues
(incl. Canadian)
EXCHANGE
1937-
capital for this work being
readily available through Regulation V loans. These loans,
guaranteed by the Federal Reserve Banks, usually have
short term maturities and carry low interest rates.
Sev¬
eral corporations have availed themselves of this means
of raising money instead of resorting to the usual chan¬
nels, that is the sale of stocks and bonds, which ulti¬
mately find their way to the Stock Exchange.
A feature of the year was the listing of $90,000,000 of
bonds of the Canadian Government, which were floated
for refunding existing indebtedness. '
Listing of railroad securities showed a perceptible
falling off from the previous year.
This was due in no
small measure to the absence of the reorganization of
any railroads as was the case in 1942.
Listing of utility
bonds showed a huge decline compared with 1942 and
prior years.
This, no doubt, was due to the impact of
wartime restrictions on expansion programs, resulting
from great
;
•
ON NEW YORK STOCK
the floating of new secur¬
necessary
programs,
purchasing or carrying:
Other loans for
U.
I
1,641
pur-
1,059
Other securities
4
-
27
+;::
carrying:
or
530
11,431 % +
—.——
6,395
chasing
+ 10,469
1,890
+
52,117
and agricultural
industrial,
Commercial,
Loans
2-3-43
1-26-44
2-2-44
authorized to be
1938-
conflict have restrained
the
,
reporting member banks,
LISTED
BONDS
GOVERNMENT
stocks and bonds
the calendar year
1943 showed an appreciable gain over 1942, the totals
being $1,255,987,712 and $1,021,664,684 respectively.
As
was the case in 1942, the total volume of listings for 1943
was adversely affected by World War II.
The effects of
Listing of corporate securities, both
on the New York Stock Exchange for
1943 was exclusively for re¬
* funding purposes, except in one case, where the bonds
were issued
to comply with the SEC integration pro¬
ceedings.
Likewise, industrial bonds listed were all in
Deposits credited to domestic banks declined $54,000,the refunding column with the exception of two issues
000 each in the Boston and Philadelphia districts, and
aggregating $9,000,000.
$167,000,000 at all reporting, member banks.
, ;
*
of such issues listed or
10 years: +
amount
gate
li&ted for me past
The condition statement of
with
and
recorded
as
already
since 1930.
during 1943 amounted to
was the largest
Included are Western
noted
Telegraph Co. class A and class B issues, to¬
aggregating $119,965,400, issued in connection
merger
of Postal Telegraph with "Western
the
Union; $40,925,385 capital stock of Consolidated Natural
Gas Co. issued in connection with the divestment plan
of Standard Oil Co. of N.
J.; also stocks of Philadelphia:
aggregating $165,288,005 which were issued,
under the divestment plan of the United Gas Improve¬
ment Co.
We note also the listing of 500,000 shares of
common stock of Houston Lighting & Power Co., which
Electric Co.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4255
159
$4.25
common and 143,235 shares $1.20 cumu¬
preferred stock (no par) of Sloss Sheffield Steel
& Iron Co., issued per plan of recapitalization; 100,000
V shares
(no par) $4.75 cumulative preferred stock of
United Drug Co., issued for refunding purposes; 100,000
shares of $4.50 prior preferred stock (no par) of Twen¬
tieth Century-Fox Film Corp., issued to acquire con¬
460
$10,000,000
Braniff
during 1943.
5'/o
Curtiss
Treasury bonds 1951-53————:
Treasury bonds 1964-69^.—_•—
Treasury
bonds
1963-68-.
*24,047
$4
Inc.
30,974,100
~-
General
$22,156,383,100
General
class
A
common—
Industries, Inc.
Corp.
Southern
Great
Alabama
YEAR
1st
,r-
1st consol.
series
4s
4 Vis series
Income
1995_
443,000
'
agree¬
'
M.
M. and U. S. Lines Co.
2,134,170
Corp.
50,000
Refunding
(21,160 shs.)
Motors
Issued
&
and
sub.
of
stock
preferred
listed
just
Machin¬
<14,019
shs.)
preferred.—.—;
249,000
preferred-
Issued
*140,190
249,000
com.
prior
Old
2,728,000
common.—
Pump
of
merger
Sales
Conversion
86,769
Co.
per
Vadsco
*1,058,000
Inc.
conv.
plan of recapi¬
per
talization
S"1' ''A
*Includes
declared
'r
v
cos.
Acquisition of constit.
co.
Wheel
Co.
cl.
in
exchange
value.
no
following tables
54,842
———
included
not
are
not
dividend
Acquisition of constit.
considered
SECURITIES
co.
FOR
DEPOSIT
stock just listed
Greenwood
Martin-Parry
by
Corp.
as
us
RECEIPTS
new
tabulations
they
as
ancl
additional listings.
or
CERTIFICATES
WERE
HAVING
New
Acquisition of constit.
37,439400
Pay
8,209
com.__
ISSUED,
BEEN
OF
bank loans,
York & Harlem
New
cos.
<
AND
SECURITIES
LISTED
'
1
No. of Shs,
preferred stock—■ %,
3,760
York & Harlem RR.
etc.
DEPOSIT
TIIF,
PREVIOUSLY
RR.
,
•
stock..—
common
58!80O
_r—
SECURITIES LISTED REMAINING UNCHANGED THOUGH
Corporate purposes
INDENTURE
IS
MODIFIED
Amount
common
*473,040
shs.)
(87,600
above
,
Co.
*266,456
Co.
the
in
WHICH
THEMSELVES
V
Old
48,228,175
Martin
list of the securities
a
The tables follow:
Co.
(42,633 shs.)
L.)
the
B
Lorillard Co. common—
(Glenn
give
we
represent substitutions for securities already listed
Corporate purposes
•
for
The amounts given represent
in exchange for voting trust certificates without
changing the number of shares listed, etc.
These secur¬
are
*
Glass
value.
par
sued
stock Just listed
Stock
stated
or
In the
Acquisition of constit.
*1,592,634
of
for which certificates of deposit were issued during
1943,;
a list of companies for which new certificates were
is¬
ities
(49,430 shs.)_
shares
-r
Refunding
Old
—$623,503,084
-
of
Machines
——
common
extended
(P.)
N.
Y.
&
Lake bonds
739,000
2015—
B
A
cosi, corp.
Issued per merger of I.
1,281,468
com,
sub
merger
per
ment
*17,544,996
—
Plywood
prior
Total
stock
of
Acquisition
280,000
Libbey-Owens-Ford
Issued
Railroad:
Erie
4 Va Co
common
reorganization
1943
to 1963
44,223,100
1, 1963
to May
extd.
ref. 4s
per
plan
Bonds
Co.
in
purposes
Issued
—222,391
Corp.
ery
5%
stock, just listed
*6,667
231,905,050
Coal & Navigation
Lehigh
due
Issued
9,452,200
Invested
6,000,000
shs.)__>—
Lines
Overland
v
1st &
Co.
& Hudson
Delaware
Co.
Business
Kelsey-Hayes
stock
4s series A 1988—
mtge.
of
13,887,460
common
shs.)
common
Chicago Great Western Ry.':'
co. •
Refunding
'
Worthington
constituent companies
.
200,000
com,
common-.
Corp. cap. stk.
1943
'
•5
Acqtiisition of constit.
Manufac¬
\
just listed
*9,313,720
Corp,
(10,000
Refunding
$9,500,000
*10,000,000
Laboratories, Inc.:
Wilson Jones
(■'
Ry.:
3'/4S series. A 1967
'1st mtge.
Willys
common
Corp.
Ingersoll-Rand
Purpose of Issue'
Amount
co,
cumul.
'
pref.
$5
Acquisition
*192,620
.
Motors
Oil
Gulf
*
Company and Class of Bonds—
&
Preferred stock
recapitalization
stock
Old
1,400,997
shs.)„
Foods
Internat.
THE
Acquisition of constit.
>
Chemicals, Inc.
(391,238
Universal
preferred
Stores,
(19,262
shs.)
Gar Wood
3,761,870,500
DURING
*291,600
5. preferred—
States
4Va'/o
^
Department
Co.
(6,607
given in the following tables:
LISTED
Old
9,000,000
for
'■
co,
*10,000,000
$4.75
Preferred
just listed
per
.
Acquisition
constit.
.
reorganization plan
Exch.
7,306,000
common
Gabriel
4,413,000,000
3,510,255,000
2,830,914,000
account of which the several bond
the year were issued are
BONDS
United
Reclassification
Corp. common
and stock issues listed during
RAILROAD
and
*75,000
—'
common
—/
preferred
4%
4,939,466,000
_
purposes on
Inc.
common
cumul.
shs.)
(231,023 shs.)
The
Issued
*480,950
Acquisition
common
shs.).
Merchants
Common
shs.)_—
Co.
(309,741
Federated
—4
Total
,
Aircraft
Farnsworth. Television & Radio
30,000,000
—
•:
Co.
U. S. Industrial
recapitalization
Old stock
Co.
—
(100,000
common
420,309
(9,619 shs.)
Chemical
pref.
2,610,877,600
—
1964-69
Treasury bonds
Drug
turers,
and
,
Coal
shs.)
———
United
pref.
plan
124,250
7,938,800
Century-Fox
Film
$4.50 prior preference
(100,000 shs.)
Corp.
—...
(24,047
Preferred
30,000,000
1950-52——
Treasury bonds
2'
Va
Issued per
just listed
of
preferred,
working capitai
Refunding
■
t
Corp.
companies
2,906,450
2,906,450
stock
Conversion
*850,265
Twentieth
agree-
' Vultee
stock just listed
Old
common....—
Products, Inc.
sbs.) —w™;
Truax-Traer
United
merger
of
Old
com.
Publishing Co.:
Common
,
2
*4.833,559
.
com
Electric
i
common
Just
slock
old
2,787 512
capital stock——„
acquisition
>Consolidated
preferred
Cornell-Dubilier
co.
Acquisition,
'
Treasury bonds of 1948————
2'
Co.
UnitedStates
$30,000,000
_—-
-
iVi'Jv
stock
Endicott Johnson Corp.:
S&v'rxbonds due Jan. 15, 1953———
15-year Vio
bonds due Jan. 15, 1958
United States of America:
/
2Va
cumul.
Acquisition of constit.
cap.
Co.
of
per
ment
(Calif.)
—
(2,500
cap.
Corporate purposes
Issued
1,385,945
„
Eagle-Picher Lead Co. common
10-year
%
*275,000
pref.
iitst listed, stock
acquisition
10,625,325
common——
Co.
Thompson
com¬
shs.)
(216,729
1043
Government ofr • - bonds due Jan. 15, .1948
>:•.-5-year S'/z'/o
Texas
for 1%
Refunding,
Corp,
Oil
Thermoid
X.
vV."1
working
Conversion
Aircraft
;
conv.
Oil
Sylvania Electric Products, Inc.
common
(.340,106 shs.) —w
co.
pref.
pref. stolk
Refunding, working capil®1
Corporate purposes
214,019
shs.)—
Vultee
cum.
Exch.
6.500,000
Cigar Corp.
Consolidation Coal Co.
Dominion of Canada,
•
*7,829,000
*117,120
(27,500
92,620
5,201,100
stock
(48,600
•Corp. common
Dow
YEAR
THE
DURING
;
dividend,
3,137,240
Consolidated
$2.50
Sunray
Superior
subs.
Old stock just listed, stock
.
(117,120 sh.)
com.
;
cumul. pref
plan of
merger
and
Stock dividend
2,500,000
preferred———a
Corp.
$1.25
Common
cos.
Budd Mfg. Co. $5
Consolidated
LISTED
TO BE
AUTHORIZED
AND
35,840
cumul.
mon
•
400,000
pfu. stocks.
cum.
5%
«•
•
LISTED
ISSUES
common..
pref. stock (78,290 shs.)
Burlington Mills Corp. common
Celotex
stool:
Stokely Brothers & Co., Inc.
preferred
Conversion of bonds
Acquisition of constit.
Refunding
tV
Old stock just listed
*9,131,700
cum.
acquisition of Yellow Truck & Coach; 309,741 shares
$4 cumulative preferred stock (no par) of Dow Chemical
Co., issued to replace $5 preferred stock and 1,385,945
shares of common (par $1) and 216,729 shares of $1.25
cumulative convertible preferred stock (no par) of Con¬
solidated Vultee Aircraft Corp., issued per merger agree¬
ment of Vultee and Consolidated Aircraft companies.
The following table shows at a glance Government
bonds listed and authorized to be listed on the Exchange
GOVERNMENT
522,500
(91,317 shs.)
per
Co.
136,747
■.
Motors Corp., issued for
stock of General
r
Airways Inc. commons
(Edward G.)
stock
Co.,;issued to retire bank loans; $13,887,-
Issued
35,196,100
com.—
Corp. common™
Aircraft
of
Acquisition of constit.
*3,099,160
^
Works
pfd.
Purpose of Issue
Old
1,452,173
listed
preferred
cum.
Amount
.
Co.r,com.
Aircraft Corp.
Beech
Bell
constituent company; $37,439,100 common
common
shs.)
Loco.
Conversion
61,097
Beatrice Creamery Co. corn.—„
lative
of P. Lorillard
$29,300
—
Locomotive
cumul.
Company and Class of Stock—
Standard Steel Spring Co. com.
'
div.
■
(61.3,832
1r'e
Baldwin
1943
Products Corp.
—
American
DURING
Purpose of Issue
Co.
—.
American Home
the prin¬
group
Leather
common
cipal stocks listed were $231,905,050 common stock of
Gulf Oil Corp.; $48,228,175 common stock of Lehigh
.-Coal & Navigation Co., representing old stocks just
a
&
common
ity Holding Company Act of 1935.
In the industrial and miscellaneous
trol of
Hide
American
LISTED
STOCKS
Amount
Company and Class of Stock—:
for the $6 preferred stock of
the latter or sold to the general public in accordance
with an order of the SEC entered under the Public Util¬
Co. and either exchanged
listed
AND MISCELLANEOUS
INDUSTRIAL
National Power & Light
shares were formerly owned by
681
Colorado
Working capital," etc:
&
Southern
Ry. gen. mtge, 4Vas series A
;■>
1980... $20,000,000
1
New York & Harlem
4%
mtge. bonds,
4V«
mtge. bonds, ser.
Penn
& Detroit
Ohio
Issued
National
Gypsum
plan
per
of
reor-
Refunding
28,483,000
\<r
Electric
California
Delaware
&
Light
3
'
'
'
.*i'V
«
-"
'
r
<■
THE YEAR
1943
19,621,400
Pittston
recapitalization
per
/
.*
Co., Ltd.,
income debs.
Corp. S^is debs. 19555'r
Childs Co.
debs,
,
3,000,000
679.000
1957—;
3'%
Co:
Flintkote
7,000,000
1953——:
debs,
$
debs,
3,009,000
1958.4.
debs
3%
&
LISTED
DURING
1943
3%
20-year
Refunding
Exch.
and
Co.
Pittston
S.
to
22,118
Manufacturing Co. com.
413,009
Old
Old
Rheem
*Each
stock
Roebuck &> Co.
(55,865
Corp. common
6,000,000
Dixie
old
for
justed
of
Van
due
1943
Corporate
p»rnoces
loans
6,000,000
1963.—
common
■■C 4
(E. R.)
listed,
shs.)
cumul.
(42,868
ital
599,830
REDUCTION
OUTSTANDING
12,698,098
shares
(no
NAME
WITHOUT
SHARES
OF
*3,174,527
'
share.
new
CHANGING
(from Divie-Vortex Co.)
A
CHANGING
LISTED
202,660
common—
...
178,644
common-
12,928,205
——
Corp.
Norman
(from Consolidated Oil Corp.)
(from
Co.
common
Van
Norman
Machine
Tool
Co.)
240,000
—
COMPANIES
-
CHANGING
PAR
& Rubber
Co.
SECURITIES
of recapi¬
Institution
<>/,>•; •',5'',':' '
OF
SHARES
WITHOUT
AUTHORIZED
for
:
.■
' No. of Shs.
\
'
(from $10 par to $25 par)—
purposes
co.
VALUE
CHANGING NUMBER OF SHARES LISTED
,
.
v.'.,"
THROUGH
ASSENTING
TO
TO
Encouragement
Development of. Agriculture
BE
EXCHANGE
of
IS.
LISTED
Irrigation
A.)
V/ati
WHEN
2,250,000
STAMPED
OFFER
Works
and
bonds—$21,877,100
Republic of Mexico:
Acquisition of constit.
5%
cos.
:
consolidated
external
external
gold
loan
gold loan of
1910
of
1893
9.957,260
*3,0,451,16^
f
1'0-year Treasury notes of. 1913 (series Ai.
United States of Mexico 4je>
gold bonds of 1904
6%
*2,469,675
Stock
dividend
6.090.000
7,636,597
...
Squibb & Sons common
(26,450
$4.25
86,345
-v
Spencer Kellogg & Sons, Inc.
capital stock
(101,549 shs.)
SHARES
from
Vi
NUMBER
.
Firestone Tire
per plan
talization
Lines
STOCK
preferred
just listed, stock
Issued
1
•
debs,
OF
common
received
share
Cup Co.
Class
preferred
Acquisition of constit.
*2,864,700
(143,235 shs.)
Greyhound
REPLACE
No. of Shs.
Co.
dividend
Corporate
$1)
(par
No. of Shs.
inc.
AS
10,000,000
—
Southeastern
TO
V':.■
*3,351,900
common
—...——
,
common
shs.)
Oil
stock
500,000
Inc.
of
Distributing
Of
conversion
No. of Shs.
-
-
—
Sinclair Oil
Conversion
common
Car
VOTING
$1)
(par
Manufacturers
NUMBER
Brands
debentures
of
U.
FOR
,
connection
merger
6,324,100
common
Refunding
7,500,000
Co.:
debs; 1958————20.000,000
3Va'!o
3s
of
in
EXCHANGE
Standard Oil
series
(Ohio)
bank
Reth'e
loans,
COMPANIES
work-
capital
ing
B
—
Co.
*34,385
—
pref.
sbs.)
U
:
:
CHANGING
BY
SPLIT-UP
NUMBER
OF
OF
SHARES,
SHARES
LISTED
ETC.
No. of Shs,
*4.286,800
com.,
1,371,175
Acquis,
I.), Case
(J.
properties
oil
of
Co.
(from $100
par
to
$25
pari
780,000
Working capital
Drug
Wilson
V..
IN
Standard
Sloss-Sheffield Steel & Iron Co.
Refunding
Repay notes, working cap¬
——#——
debs.
Issued
3.703,600
Shell Union
Philip Morris & Co., Ltd., Inc.:
United
Conversion
preference.——„_
Steel
ISSUED
listed
dividend
General corporate purposes
Typewriter Co., Inc.
«
;
common
___1,074,742
Purpose of Issue
20,000,000
Co.:
1958—
stock just
preference-—
Royal
Refunding: red. short term
1963——
Morrell
(John)
576,644
—
IN
preferred
COMPANIES
*12,720,210
common
&
4f/e
Lorillard Co.:
(P.)
3
debs.
ftind
of
common
Merchants
par)
and
Consolidated Cigar Corp. 3Vi %
sinking
Old
Stock
A
Sears,
Amount
United
Inc.
shs.)
Co.
$1.20 cum. pfd.
Celotex
48,984
B
Fressed
\
#,
^
re.
integration
simplification plan
BONDS
Del.
7% V;
1978— $35,000,000
of
Co.
359,634
—
Class
Issued
MISCELLANEOUS
Company and Class of Bonds—:
&
Conversion
SHARES
TRUST CERTIFICATES
.
Reo Motors Inc.
chases plan
..
LISTING
.
pur-
Airlines
-
19,517,600
.
$70,621,400
AND
stock
Corp.
plan
>
20,000,000
-
preferred
tinder
Phillips Petroleum Co. common
Refunding
Refunding
of
COMPANIES
SHARES
common
Furpose of Issue
Issued
V
INDUSTRIAL
819,224
•
Issued
Class
15,000,000
coll. tr. 4s 1972
Total
;
com.
—
Philip Morris &
(424,007
1973
mtge. &
Inc.
Central
Corp. common
Co.:
tr. 3s
Corp.
279,530
Pictures
Conversion
17,995
common
capital stock
Power. Co.:
Southwestern Public Service Co.:
cumul.
'
Amount
Empire Gas & Fuel Co. 3Vi %
Sinking fund, debs. 1962
Armour
*
Co.
Airways
Old stock just listed
330,482
com..
Pepsi-Cola Co. capital stock-
DURING
BONDS LISTED
& coll.
Power
1st mtge.
'
'
1968-—— $16,000,000
3Vis
mtge.
American
Pan
Pennsylvania
1968^L
'
*
*
PUBLIC UTILITY
1st
by
owned
not
Paramount
Company and Class of Bonds—
t
Container. Corp.
$100,700,800
,
,
-it
National
ganization
40,500
Total
1st
capital
.
RR.
1st & ref. 3%s ser. D
1
for
N. Y. Central RR.
7,350,000
1st:
Ry.
4Vis seres A 1998
mtge.
stock
'470,000
A 2043
B 2043
ser.
Southern
Norfolk,
Exchanged
i
RR.:
Co.,. Inc.'
&
1st
£
Total
STOCKS
Company and Class of
Erie RR.
com.
20,000,000
LISTED
Stock—
*$829,100
5$ preferred A—953,500
'■■'•ivi' ■ ■
'
■
'
;
^: X,::
Total
of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
tifying "dally to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world. We give below a record for the week just passed:
DURING
Amount
shs.)_—4:
<8,291
Foreign Exchange Bates
Refunding
Pursuant to the requirements
—$122,179,000
———
RAILROAD
Refunding
mtge. :
1958
•
YEAR
1943
FOREIGN
Issued
in
PUBLIC
UTILITY
LISTED
STOCKS
Telephone
securities
of
Natural
Capital stock
Gas
$882,100
Conversion
40,925,385
of
(N.
Common
Omnibus
(500,000
shs.)
*
——
10,000,000
139,938
Common
(8,160,250
of
Old
debentures
dive?tm°nt pj^n
Standard
Oil
Co.
per
Free
S
__
fexch.
_
__
just
Fifth
listed
Ave.
Coach
stock
.297733*
.251247*
.251247*
.251247*
Issued
nnr
'
v
3.228000
3.228000
.060586*
_
,
Feb.10
$
.297733*
.297733*
.251247*
.251247*
.251247*
3.228000
3.228000
3.228000
'
Free
_
?.
■
•"> V:\.
riivoctme*** njin
■
■
..
—
Colombia,
.909090
.572766*
(British), rupee
Mexico, peso
_
.909090
.909090
.895937
.8*6323
.572766*
.572766*
.896953
'V
.
.572766*
4.035000
—
India
_
.051275*
4.035000
4.035000
4.035000
.301215
.301215
.301215
.301215
.205820
.205820
.205820
.909090
.903090
.205820
.205820
.
_
__
«M
—
'
.060586*
.051275*
■
.909090
.896.339
.572766*
4.035000
.301215
England, pound sterling
Official
.051275*
.909090
..896718
.572766*
peso
.060586*
■
.909090
.8a6406
Official
>-
.060586*
.051275*
.051275*
.051275*
_
.060586*
.060586*
4
:
Canada, dollar—
Newfoundland, dollar—
*90,436,385
'
Feb. 9
.297733*
.297733*
■'
Co.:
;.;
shs.)j—_
~
$
$
'
3.228000
_
Money
Feb. 8
Feb. 7
Feb. 5
.297733*
Free
stock
Buying Rate for Cable Transfers in New York
Brazil, cruzeiro—
J.)
Co.
Electric
$
'
10,
TO FEB.
Feb. 4
_
.
Australia, pound
Power Co,
Corp. common—
Philadelphia
1943
Purpose of Issue
Issued
————
Houston Lighting &
YEAR
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
1944, INCLUSIVE
•'
...
FEDERAL
Value in United States
'
Argentina, peso—
THE
4
Country and Monetary Unit
Official
Co.
BY
Noon
Northern
& -Tele¬
Co. capital' stock-
graph
Consolidated
CERTIFIED
for
< VRR. of N. J.
DURING
Amount
Company and Class of Stock—
RATES
FEB.
exchange
Official
American
EXCHANGE
Purpose of Issue
$1,782,600
■«
_
THE
.909090
■
•••.
•
:■
.909090
4.035000
.
.301215
.205820
...«
.909090
.909090
'
$1
dividend
preference
shs.);...
i
preference
4.4'in
Western
Union
Class A
■
Class
Total
B
stock
stock
——
Teleeraph
of
com.
*47.379.620
(2,368,981
1
.
27,472,000
—
_
Exch.
*15,406,200
$337,200,828
ment
and
Gas
Improv-
Co.
for
Issued
Co.:
(1,045,592 shs.) *104,559,200
(3.CS. 124 shs.)
United
ment
Free—
New
$5
pref..
Union
,
per
merger
agree¬
of
Western
Union
Postal
Telegraph
.893750
of
South
Africa,
pound
.894166
.R945H3
.893750
.39.3750
3.244203
—
Zealand, pound
3.244203
3.244203
3.244203
3.244203
8.244203
3.980000
3.980000
3.980000
3.980000
3.980000
3.980000
.893750.
Uruguay, peso—
Controlled
Noncontrolled
'Nominal
_____
..
__
rate.
.658300*
.658300*
.529420*.
.529420*
.658900*
.658300*
.658300*.t
.52M20*
.529420*
.529420*
.5294207
and 1941 to the extent that they may be declared without
the contributed capital of the company.
No time limit for
the payment was established in -the decision.
The decision was made
on a. bill
in equity brought by Percy G. Crocker, owner of 900 shares
7 of 6%/ preferred stock against this company and its directors.
•
The Court ordered that the decree entered in the Superior Court
Corporation and
Investment News
-
Lewis Goldberg dismissing the bill be reversed
be entered establishing this obligation of
by
644)
(Continued from page
■decree
•
rectors,
Co.—Merger Proposed—
above.—V. 153, p. 707.
Utah Metal & Tunnel
50-Cent Common Dlv.-~.
—To Redeem 30% of Outstanding First Preferred Stock
The directors have declared a dividend of 50 cents per share and
the usual ouarterly dividend of $1.75 per share on the first preferred
stock, both payable March 1 to holders of record Feb. 17.
Payments
in 1943 on the common stock were as, follows: March 1, June 1 and
cents each; and Dec. 1. $1.
also voted to redeem on June 1, next, 30 fa
outstanding first preferred stock at
$115 per share and
dividends.
The
company's charter requires the redemption
Sept.
50
1,
■
accrued
to be
,.
of
preferred stock
part of
one-half of
will be redeemed if the fraction
'
such share
more.—V. 158, p.' 1944.
per share.
No statement
the difficulty Of estimating tax liability
the contention by the Treasury Department that the company's
subject
is
period
the
for
computation.
-
share in each quarter,
1035.
—.1
*
260,000
,260,000
150,000
-
Earnings per share on
com. stock (no par)u_
%
,
■
,
the
$1.98
$1.25
$0.95
in 1942 and $204,500 in 1943
profits taxes.
Balance Sheet, Dec. 31, 1943
;
.
Consolidated
.
159,
V,
The
at
competitive bidding under Commission's Rule U-50.
prior to the merger Engineers Public
Electric Corp. all of the 782,000
in
will
be
to. the
outstand¬
'■/■
shares
1941
Operating
expenses
35,503
23,870 >■■'
22,314
Operating
revenues-
$27,904
Net
income
7%
-*$363
.
61,727'
—
—
_
$5,589
3,
$72,070
54,508
57,129
$21,116
$7,562
The
the
$16,140
—-'
profit
—
_
'
of
Operations
Year
the
for
York
pWit for first quarter.
profit for third quarter,.,;.
9,78<8
profit for
Net
profit
and
ry.
The
.
result
shows
above
of
from
ry,
Gross
the
year
amounting to $32,250.
earnings.—V.
158,
1944.
p.
Old
noon
Colony
Trust Co.,
Feb.
of
1944,
14,
interest
to
Feb.
18,
p.
Sales
—V.
,
Jan.
15,
1941
■%
the
.
373,581
by
more
'
-
; -/'A
on
at a
being for 3.7S0
A total cf 148 orders were received,. the
shares and the smallest for 20 shares. Fifty
It is understood, that the stock came
participated.
firms
domestic estate.-'
a
*Profit
-
Prov.
for
deprec.
funded
on
3,781,160
3',972,442
4,344,733
Federal
excess
for
Profit
$104,916.27 semi-annually
final payment due Jan. 15,
to retire existing indebted¬
of notes was authorized by
meeting held Dec. 14, last.—V.
the
159,
587.
1942
debt
;
1941
/
and other
——2,326,397
(ax
—4,992,000
profits tax—_—113,408,000
charges
interest
The
. " ..
,•
Y;.r>v,;%-\/''■■
the Year Ended Dec. 31
Z:
■
income
:
—
v,
1943
'
$41,963,798 $49,415,335 $50,006,013
deplet. cf minerals & for
/■'■%
of plants and equipment
13,199,959 11,998,135
9,758,989
normal
A'."-'V'-
.
Consolidated Earnings for
operations
from
Federal
Inc.—New Director Elected—:
a partner of ,Hallgarten & Co., has been elected
159, p.
88 8%.
of
basis
the
largest
5,693,400
"'>v;-/I-■
Commission was 75 cents
oversubscribed.
was
share. The offering which was made at 11:55 a.m.,
was terminated at 12:05 p.m..
/Orders were received for 22,512 shares' and allotments were made
per
16,997.566
148.
director.—V.
3
Feb.
21,221,641
7,703,842
,
;.V
Co.—Special ,Offerings-
Sheet & Tube
Youngstown
Smith, Barney & Co. announced that the special offering
of 20,000 shares of common stock at $36% per share,
made on the floor of the New York Stock Exchange,
24,241,702
9,667,517
Frederick M. Pevser,
a
...
last year, "total sales" exceeded
than $3,000,000.
This accounts largely for
substantial gain in net profits, and also for the decrease in uncom¬
booked"
1944, the transfer agents for the stock are
120 Broadway, New York, and Corporation
Trust-Co., 15 Exchange Place, Jersey City, N. J.
The Bankers Trust
" Co., 16 Wall St.; New York, is registrar for the stock.—V. 159, p, 587.
269,959
,
1944 and due
Wilson & Co.,
1942
$7,501,954
for Army ordnance. ,
the first quarter,
and
1940
271,520
Inc.—Sells Notes Privately
The new issue
year
—
2,411,494
2,622,623
4,920,000
8,127,000
19,780,000. 13,373,000
$8,037,442 $10,305,7C6 $16,124,401
and repairs of plants, etc.,
$3,250,000 in 1942. and
contingencies. tAfter-giving effect
for debt retirement.
made for any possible liability in
renegotiation/—V. 158, p. 2623.
charges for maintenance
deducting $1,650,000"in
1943,
•After deducting
and
after
19*1 provision for
to post-war credit and l'or credit
Noie—ANo'' provision has been
$2,000,000
of
respect
•'
<
■■
in
'
v'
•.
7 V
'
•'
1
■
'
'H
'
\
*'
(•>
-
•' ■
■
•
Ltd.—Stock Sold Privately—It is announced
offering of 10,000 shares of 6% preferred ($25
Zeller's,
that
an
par), made privately by Greenshields & Co., Inc., in the
Canadian market at $27.25 a share was oversubscribed.
This offering
brings the
issued preferred stock of company up
to the
authorized amount of 40,000 shares.
Earnings applicable to the $60,000
now' required for the preferred dividend were, $373,400 in the year
31, 1943, and in the five fiscal periods 1939 to 1943,
averaged $295,106 a year.
•
original issue of $750,000 preferred stock were placed
investors by Greenshields & Co., Inc.-, in 1937-in units of nne $25
■ended
Jan.
inclusive,
Preferred Dividends
The
company
J,The following is taken from the
Massachusetts
the directors of
Supreme
common
and
on
the
'•■••.'
"Boston News Bureau":
Court
this company
1
decided
of
dividends
6% preferred stock ,for the years
of
in
are
a
decision
on
Feb,
3
Co.—To Redeem Contingent Ctfs.—
has called for redemption as of March 1, 1944, all of
contingent certificates a£ their face amount.
Payment
Winnipeg Electric
and Vancouver,
A
$6,658,613
864,348 : ■./1364,17a
612,000
258,123
included in sales—
:
$1,332,861
651.782
3,744,662
.
,
Stores,
will be
class
.
contrast- with
Interest
income™'.
Capital Is Not Impaired—
the
In
Preliminary
$1,708,786
928,698 vf : 534,724
10,423,933
its
The
taxes
during quarter—
booked
member
159, p. 259.
Waltham Watch Co.—Payment of
on
1942
25,128,224
Mandatory, If Earnings Permit And When Contributed
that
178,342
$2,074,983
193,107
railway—
stockholders
p.
,>1943
$9,216,167
$8,638,217
349,489
805,357
railway———
oper.
ness.
3371.
1944
of January—
$10,609^893
—;
for. estimated
"orders
from
(including interest) with
1964.
Proceeds were used
"Walgreen Co.—January Sales Up 6.7%—
Month
1,845.005
617,186
299,760
has placed privately with Northwestern Mutual
Life Insurance Co. $3,000,000 3V2% 1st mortgage notes
trustee, 45 Milk St., Boston, Mass., will
receive bids for the sale to It of first
135,
2,466,901
company
No Federal excess profits tax on above
1944.—V.
4,374,645
1,954,111
1943
$1,766,159
625,774
.
income—-,
Wieboldt
mortgage sinking fund 6% gold notes due March 15, 1945, to an amount
sufficient to exhaust the sum of $35,271.33 at prices not to exceed par
and
-
159, p. 2(5,9.
dated
The
1
:;T-
;
Walker Coal & Ice Co.—Tenders Sought—
until
20,762
20,170
1—
Jan
from
ry,
—V..
endea
having made allowance for depreciation ano
depletion amounting to $127,275.
Provision made for Federal income
tfx
38.929
2,334
;
railway——:,
railway--——
oper.
from
Net
$86,269
for
1940
$169,128
30,829
,
659,911
a.
.
from
From
after
1943,
31,
p.
1941
$236,851
■:
'
5,342,133
2,236,080
<
income
52:
oper.
159,
Net
21.631
activities
business
1943
1942
$4,173,947: $2,159,124
6,435,946
4,499,489
^
will be underwritten
pleted .orders,
Inc.;. which offered %/ / Effective January 31,
May 17, 1943. ■
Corporation Trust Co.,
$442,030
222,715
V ■: ■; 1942
.1943;
46,786
income™
railway—
Net
:
:
;
other annual adjustments.
:
$.450,103
138,861
_
railway
December—
$64,638
profit for the 12 months ended Dec. 31, 1943
Net
from
frcm
Net
Dec.
understood,
is
Alabama—Earnings-
/
.
railway
oper.
ry.
Gross
21,11b
fourth quarter.
2,121,051
profit
sion,
:.
Wheeling & Lake Erie Ry —Earnings—
26,776
Net
-
railway
from
from
Net
1943
profit for second quarter.
Inventory
it
are the last holdings of National City Bank in
originally were held by the City Co. of New York.
included 325,000 shares owned by the City Co.
and 53,691 shares owned directly by the National City
are 953,590 shares ($1 par.) outstanding.—V. 158, p. 496.
From Jan. 1—
$22,464
Net
4,801,729
•
148.
Uncompleted orders not
and
There
Gross
$6,958
Net
Net
-
Orders
shares
75,000
Gross
Net
—V.
Results
p.
<
profit
tReserve
Corp.—Stock to be Offered—
of stock in behalf of the National'/be made soon after termination of the Fourth
Western RyAof
■•Loss.
Net
159,
earlier distribution
New
of
34,165
;
sales
Total
•Net
offering of 75,000 shares
company,
The
Net
Net.
.
■
group
a
$56,629
$73,269
45,335
/
10,572,126
4,354,593
income—.
oper.
Ended Dec. 31—
Completed, sales
L
:
Partly completed contracts —
headed by Harriman, Ripley & Co.,
395,178 shares of the same stock at $15 a share on
bv
28,126
$66,501
_
etc.
interest,
337,175:
15.422,956
4,732,677
York: Corp.—-Earnings—
1938.
City Bank is expected to
War Loan Drive.
The issue,
Net
income
Total
Bond
645,369
20,163,863
7,385,987
$252,348
$106,049
7,560,031
6.919,703
§20,930,994 28,011,091
Ware Shoals (S. C.) Manufacturing Co. — Registers
•Before
income
and excess profits taxes, Including proportionate
With SEC—
> ■
■
■
■
•
profit on partly completed contracts,
tcomputed at effective rate
applicable to operations for entire fixed year ended Sept. 30, 1943.
u The company
on Feb. 9 registered with the SEC 10,000 shares of
,
tAdjusted.
§After reduction of $702,850 due to cancellations and sales
5 %
cumulative preferred stock (par $100)-to be offered to commomn
price redetermination applicable to orders booked prior to this quarter.
stockholders on the basis of one share for each five presently held. ,
S.
E.
Lauer,
President, states as follows: Approximately 90% of
Up to 10.C00 shares of the new stock not purchased by commomn T
"uncompleted .orders not included in sales" at Dec. 31, 1943, involved
stockholders will be sold under an underwriting agreement with H. T.. i
refrigeration and air conditioning,-all of which was directed.to the
Mills, Courts & Co., Vivian M. Manning and Alester G. Furman Co.,
war
effort, except a small percentage covering supplies and repairs
all of Greenville, S. C.; A. M. Law & Co., Spartansburg, S. C.; Citizens
authorized for, essential civilian use/
A large portion of this business
Trust Co. of Greenwood, S. C.; G.
H; Crawford, Inc., of Columbia,/
was secured directly from the armed sex-vices for
installation here and
S. C,; and Frost Read & Co., Inc./ Charleston, S. C.¬
in
foreign bases.
The remainder covers standard applications of
Net proceeds, estimated at $955,000, will be used in retiring 9,725
mechanical cooling authorized for civilian plants whose production is
shares of 72 preferred stock : at $105 a "share plus dividends.-r-V.. 157, y
strictly essential to the war effort/ The remaining 10% is direct war
p. 904.
material, principally for the aircraft industry, the Maritime Commis¬
$28,503
67,680
*1,563,029
3 Months
>
prior preference stock 011
December—
62,433
$4,774
profit-
operating
Net ry.
•Deficit.—V.-
3% preferred stock was one of- $1.50
A distribution of $7 per share was made
Dec. 23, 1943 which, it is stated,
clears up accumulations on that issue to Oct. 1, 1943.
The previous
payment on the preference stock, also $7 per share, was made on
Dec. 24, 1942.—Ed.)—V. 15T, p. 175.
1
.
•
$363,164
Other
railway—
railway—,—.
from
Net
ami 194V).
stock outstanding, and $18 per
$582,174.
Aggregate of the re¬
preferred
total
would
$1,425,373,
539,314
$2,088,045
906,834
34,627,272 35,655,474
11,982,504 .17,052,953
oper, income-—
from
Gross
the
for
334,661
$23,507
the three years (1939, 1940
.
From Jan. 1—
'
,
6%
of
thereon
share on Oct.
Bank.
1942
v
NeLry.
1940
1941
$3,679,769
1,266,907
829,935
railway
Net from
1942
1943
$904 692
924,137
.
railway—
from
Gross
the> plaintiff points out, no payments of
on
any account could ever
be made
the working capital of a corpora-
as
Valley RR.—Earnings—
Yazoo & Mississippi
December—
West Indies Sugar
/■-
1943
-$40,277
determination
1940
VH3 Mos, End. Dec. 31—
—
discretion or
proiit ™™™1. '
Earnings per share—__
three years would be $792,444, and on
1941
the company had a surplus of $1,302,075.
For 1942.
of $431,231 were only moderately behind those of $550,827
Public
will issue and sell $24,500,000
$5,000,000 of new notes, and
will make provision for the redemption of the outstanding $26,000,000
face amount of VPS bonds and the outstanding $10,500,000 face amount
of VPS debentures.—V. 159, p. 259.
1
r- % A
j.'
, +■*
Co.—Earnings—
1943
1942
1941
1940
$658,053 ; $367,063
$771,762
$598,314"
$1.55
$0.73
$1.72
$1.29
•After depreciation, normal federal and State income taxes, etc.
Consolidated net profit for the quarter ended Dec. -31, 1943. totaled
$223,281, against $220,639 in preceding quarter.-—V. 159, p. 488.
; .
End. Dec. 31—
9 Mos.
•Net
■
standing will remain outstanding.
Vepco
face amount of series D bonds, and. also
Virginia Iron, Coal & Coke
for
-
and will receive cash for accrued and unpaid dividends
date. .The shares of common stock of Vepco now out¬
merger
of
suggestion
any
Wurlitzer Co.—Earnings—
(Rudolph)
and shall forthwith declare
extent impairing
dividends
the
on
of common stock of Vepco.
preferred will be converted into one share of
Vepco old
...
1944
1943
—-$29,393,103 $29,639,342
-
—V.. 159,. p. 587.
1941.
into 150,000 shares
converted
share of
preferred
new
Sales
[The last dividend paid on the
claim of General
of $2,500,000, of which $1,500,000 is to be paid in installments contingent upon
specified earnings of the merged companies within five years from the
merger date.
If and when the merger plan becomes effective, each
share of VPS 7% preferred and VPS 6% preferred, including all rights
to
accrued and unpaid
dividends, will be converted into lVe shares
of new preferred and in addition, each share of VPS 7%
preferred
will receive $5.50 in cash.
All of the 782,000 shares of commmon of
Each
year
Co.—January Sales—
(F. W.) Wool worth
Month of January—
and 20% of this amount, that portion distributable
dividends, would be $210,270.
At the end of 1941 there
dividends
31,
per
ing shares of Virginia Public Service Co.
and a
to $1,165,166' held in escrow, for an aggregate consideration
VPS
the common
disbursement
no
that
A
earnings
Service Co. will
Immediately
acquire from General Gas &
fourth,
or
32.343
Dec.
preferred stock and $24,500,000 first and refunding mortgage
D 3Mi%, due April 1, 1974.
The names of the underwill
be supplied
by amendment.
Bonds are to be offered
iters
2623.
express
$1,051,348,
class
share
bonds,, series
wi
negatives
to
quired
shares of $5
the SEC 305,192
that we -v
declare
amount '
stock; class A, and
and
1
were
Co.—Registers With SEC—
with
registered
has
company
dividend
clause
as
■
Virginia Electric & Power
"It
totaled
487.
p.
the preceding
Earnings of the company- for
;
mortgages
$256,533;
inventory,
direct
so
to conceive
tion."
;
,
receivable, $4,190; post-war refund
excess
profits tax : (approx.), $21,665; real estate, plants, machinery,
equipment, trucks (at cost) (less reserve for depreciation of $583,451),
$470,532; patents, $1; deferred charges, $3,000; total, $2,473,620.
Liabilities—Accounts payable, $57,060;. accruals, $10,628; provision
for Federal and State taxes, $204,500; common stock
(200,000 shares,;
no
pari, $1,000,000; surplus earned, $1,201,431; total, $2,473,620.-*dise
2039.
p.
Daniel P. Abercrombie,
.
policy by the directors."
to what; is meant. by
without
hand
on
Offering
block of
158,
——
Wolverine Power
preferred stocks
dividends
and in banks,- $690,788; U. S. Government
securities and marketable stocks (at cost), $731,987; accounts receiv¬
able, $254,419; cash surrender value life insurance, $40,505; merchan¬
Assets—Cash
$63,907
p.
As
of
for Federal
,
119,243
—
——
3,300 shares of 5% preferred stock. Price 107 flat, divi¬
dend to accrue from Feb. 1, yielding 4.67 %V. 158,
.
impairment of Capital, states the Court,,
the defendants argue that the word is employed to s'gnify "work'rig
Capital"
whereas the plaintiff
insists that it means "contributed ;
capital."
According to the Court's decision; "To hold that 'capital' here
means
'Working capital'
would completely nullify the plain purpose
$2.07
,
595,883
Wisconsin Public Service Corp.—Secondary
Wisconsin Co., Milwaukee, is offering a
pay: to
Court.
of
.
provision of $603,000
and State income and excess
•After
1942
$778,073
$184,904
———
—
_
—The
the holders of the common stock, class A, a dividend ...
provided the company's capital will not be impaired by such payment'."
"'Shall
forthwith'
suggests immediacy and necessity"/ states the
and
$413,110
260,000
*$251,212,% $397,103
'■''$191,582
profit
Dividends
is
stipulated On
terms
earnings for
net
:
1940
1941
1942
1943
;;
$65,661
—V,
1 '
of words more direct and expressive of
command
than the following language u.sed in this clause:
'At the
end of each calendar year the directors shall ascertain the annual
Y.—Earns.—
Subs.), Rochester, N.
Vogt Mfgv Corp. (&
'Years End. Dec. 31—
the
difficult
is
"it
.
Net
association
of
of
out
6%
the
on
and
*
.
$1 per
payable March 2.—V. 157, p.
declarations have been
Dividend
latest being
1943
•' 616,137
——
——
income
Net
the conclusion that it requires the directors to
net earnings of the preceding year in the
escape
under
and
product
accurate
to make an
made it impossible
renegotiation
to
cannot
dividend
was
as
agi'eement
the
of
post-war refund
a' share, and
year,
were approximately $1.95
available for dividends) was $1.29
(not
V-K/.j
Corp.—"Registers With SEC—
Philip C. Gifford and Charles W. Greenough,
% voting trustees, have filed with the SEC a registration statement
.(2*5292) for voting trust certificates for 40,000 shares of common
stock, par $5 per share, of Wolverine Power Co.
The purpose is to
capital",
*
form a voting trust for five years from Jan. 20, 1944, With the right
After reciting that there Is a general reluctance on the part of
in a majority of the trustees and holders of voting trust certificates
the Courts to construe provisions relating to declaration of dividends
representing a majority of the securities to extend the termination
as
being mandatory, the Supreme Court states with relation to Waltto a date, not later than March 1, 1959, the maturity date of the out¬
ham
Watch
Co.;
"In our opinion,
the language of clause fourth
standing first mortgage bonds of the corporation.—V. 117, p. 1788.
Co.—Dividend Outlook—The directors believe it unwise to pay dividends in excess of current
earnings and subsequent declarations will be made on this basis, ac¬
cording to Roy C. McKenna, Chairman.
The company estimated that
earnings for the six months ended Dec. 31, 1943, the first half of the
fiscal
A'/;
$182,190
118,284
Deductions
c|
matter for directors' discretion although
preferred dividends may be accrued and not immediately paid; second,
that the prohibition against impairment of "capital" by the payment
of
dividends refers to
"contributed capital" and riot to "working
Vanadium-Alloys Steel
issued
certificates
$801,041
——
,
Net earnings
earnings permit, and is not a
and
share, and the whole of
one-half of a share, or
association
' 1
>■
earnings
Operating expenses
paired.
Through the decision rendered by the Massachusetts Supreme Court,
two vital points of doubt are resolved: first, that declaration of divi¬
dends
on
class
A
common
and 6%• preferred is mandatory
when
at the Lawyeis
a
'
of the $1,359,863
Co.—Earnings-
calendar Years—
Gross
.
,
.
prorated among the stockholders.
T
i
Payment of the shares to be redeemed will be made
Trust Co., redemption agent, 111 Broadway, New York, N. Y., .on
after May 15,
1944.,
,
,.
:
No
fraction of a share Will be redeemed.
If the computation
three-tenths of the total number of shares of first,
held by any stockholder results in a fraction of a share, no
such- share will
be redeemed if the fraction is less than
is
•
declaration of dividends on class A common
and 6% preferred stock but the high Court said:
"It is Apparent that
the incorporators determined to dedicate a certain amount of the net
earnings to the payment of dividends on class A and the 6% preferred
stock."
The agreement of association stipulated that after payment
of the 7% cumulative dividend on the prior preference stock, the 6%
preferred holders were entitled to dividends in any year when capital
would not be impaired, before payments of dividends on any other
stock with the exception that class A common would be entitled in
each such year to; l/5th' of the net earnings of the company for the
preceding year provided the corporation's capital would not be im¬
of tne
directors
The
contended that under the agi'eement of
defendants
The
Co., Inc.—To Pay
Van Raalte
•
the 1935-1936 plan of reorganization
in the amount of $1,921,234.
On
Wisconsin Hydro Electric
and instead a final
the defendant di¬
1
with
•
last, the company redeemed 50%
outstanding,—V. 158, p. 1182."
1,
when
-
connection
originally; outstanding
were
Sept,
they had discretion as to
Tunnel & Mines Co.
See Nationftl
and
impairing
in
issued
were
1940
1939,
General
Monday, February 14, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
682
obligated to declare
outstanding
Bank of Montreal in Winnipeg, Montreal, Toronto,
Canada, and in London, England/and at the Agency
the Bank of Montreal in New York, N. Y,
This redemption, it is stated,
will clear the way for the payment
dividends on the common and preferred stocks.
The certificates
made at the
Shares
with
of the
preferred share and three shares of common stock at $50 a unit. Both
preferred and common shares were then listed on the MontreM Stock
Application will be made in due course to list the additional
$250,000 preferred stock just sold.
The proceeds of the issue will be u.sed for woiking capital and to
reimburse the company for recent capital expenditures.—/V. 159, p. 488.
Exchange.
Volume
159
THE COMMERCIAL &
Number 4255
State
FINANCIAL CHRONICLE
633
<and:;City Department
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Hot
Bond
Jefferson
County
(P. O. Birmingham), Ala.
Warrant
warrants
p>
Sale—The
offered
Feb.
son,
City Clerk, will sell at public
at
10
a.m.
on
Feb.
18,
auction
$135,000
$200,000 airport bonds. Dated Feb.
10—v.
159,
588—-were awarded to Hendrix
1, 1944.
Due Feb. 1, as follows:
$9,000 in 1947, $9,500 in 1948, $10,000 in 1949 and 1950, $10,000 in
&
CONNECTICUT
Springs, Ark.
— Emmett
Jack¬
Offering
dicate
Connecticut (State of)
Changes in List of Legal
In¬
vestments—The following certif¬
icate (No. 60), showing the latest
revisions in the-list of invest¬
of
composed
J.
B.
Van
Ingen & Co., Churchill, Sims &
Co., both of New York, E. H.
Pringle & Co., of Charleston, and
Trust Co. of Georgia,
$5,000 from 1945 to 1947,
incl,; $10,000 from 1954 to 1956,
inch, and $13,000 in 1957.
Bonds
maturing Feb. 15, 1954, and there¬
Thomas M.
after
Palm
crued
Cook & Co., of West
Beach, paying a price of
101.00, a net interest cost of about
3.39%', divided as follows;
ments considered legal for sav¬
Mayes, of Birmingham, and the
ings banks- was 7 issued by the
of Atlanta, 1951
and
1952, $11,000 in.: 1953,
State Bank Commissioner oil Feb. $59,000
3%
refunding
bonds.
jointly, as 1 %s, at a price of
$11,500 in 1954, $12,000 in 1955 7:
Due Sept. 1, as follows: $7,100.07488, a basis of about 1.74%.
and 1956, $12,500 in 1957, $13,000
000 in 1945, $9,000 in 1946.
Sale consisted of: $29,000 hospital
ADDITIONS
in 1958, $13,500 in 1959 and 1960,
$11,000 ' in 1947, $12,000 in
warrants, maturing $1,000 March
Louisiana & Arkansas Railway Co, /'/
$14,000 in 1961, $14,500 in 1962
A1943, $7,000 in 1949 and $13,1, 1945, and $2,000 from 1946 to
Equipment Trust
and $13,000 in 1963.
The bonds
000 in 1950.
/A
"
"
1959,
incl., and: $106,000 road bear interest at
A
3% per annum,
Issue of 1936, 3%s, Ser. to Apr.
refunding
warrants,
maturing
308,000 31/2 % refunding bonds.
but convertible at the option of 1, 1946.
March 15: $4,000 in 1945 and $6,A Due Sept. 1, as follows: $13,the purchaser, into bonds bearing
Issue of 1937, A, 3s, Ser. to May
: 000 from 1946 to
000 in 1951, $14,000 in 1952 to
1962, incl. Sec¬
a lower rate of interest,
on such 15, 1947.
7
ond high bid of 100.07481 for l%s
1954, $10,000 in 1955, $15,000
terms that the city shall receive
Issue of 1937, B, 3s, Ser. to
May
was made by Marx & Co. at Watin 1956, $6,000 in 1957, $11,therefor and pay thereon substan¬ 15, 1947.
:. kins, Morrow & Co., in joint ac¬
7
000 in 1958, $17,000 in 1959,
tially the same as upon 3% bonds
count.
1
Richmond, Fredericksburg &
$18,000 in
1960, $17,000 in
sold at the price bid which shalF
Potomac Railroad Co.
1961, $26,000- in 1971, $27,000
Tuscaloosa, Ala.
not be less than par on the basis
Equi pment Trust
in 1972, $28,000 in 1973, $5,000
A Betterment Reported in Finan-i of bonds bearing interest at 3%.
Issue of 1938, 2 J/2s, Ser. to Oct.
A in 1974, $11,000 in 1975, $32,The purchaser will have the privi¬
; cial
Status
"-r-^/The Tuscaloosa
000
in
15,1948.
1977,
and
$30,000
"News" of Jan^3 reported edi¬ lege of naming the paying agent
in
1978.
Bonds
Union Railroad Co.
maturing
torially in part as follows: Tusca¬ and the bank to certify the bonds.
,in the years 1971-1976, incl.,
Eqipmcnt Trust
loosa is one of the oldest incorpo¬ The city will furnish the printed
7 in the amount of $97,000 (to¬
Issue of 1937, 2y2s, Ser. to Mar.
rated
cities
in
the
State
of bonds and the approving opinion
gether with other bonds, all
Alabama. From 1920 to 1940 the of Rose, Loughborough, Dobyns & 1, 1951.
0aggregating $171,000) shall be
WITHDRAWALS
population within the city limits House, of Little Rock. A certified
optional for redemption in
check for $4,000, payable to the
more than doubled. Over a 7-year
Burlington, Iowa
numerical order, prior to ma¬
'
period there has been a steady city, is required.
(City debt and proportionate
turity, on any interest pay¬
increase in property valuation in
ment date on or after Sept. 1,
amount of county debt exceed 8%
CALIFORNIA
the city • accompanied by an in¬
1961, upon terms of par and
limitation.)
Glenn-Colusa Irrigation i District,
crease in the assessed or taxable
'
follows:
callable
are
interest
at
and
par
ac¬
interest
date starting with Aug. 15; 1953.
Second high bid of 104.701 was
made by Stranahan, Harris & Co.
on
any
St. Petersburg, Fla.
•
Consider
To
Proposals for Re¬
.
funding—R.
.
.
.
E.
Henry, Director
Finance, reports that the city
.
of
will accept and consider proposals
for refunding its $18,000,000 gen¬
eral obligation bonds
Feb. 23.
at 10 a.
on
m.
A'"
ILLINOIS
.
'
Calumet
'
'
valuation.
In
"valuation
of
1942
Acts to Confirm Debt Composi¬
property in the city
tion—It
In
-
the
past ten
vance in reducing
indebtedness and
a
Steady ad-
District
its outstanding
last
in
creased
almost
•through
WPA
lower
been
it
than
would
without
possible
for March 30, and will be held in
courtroom
in
the
Federal
Building in San Francisco. Cred¬
itors are requested to file
thejr
claims
30
with
consists
district
warrants
Despite this large increase in pav¬
ing, there were no bonds issued
and
the
on
or
of
of
bonds
aggregating
past-due
and
$604,338
interest
thereon.
no
Los
neces¬
•
.
*
.
■
Bonded
■
Debt
district
was
.
Liquidated—The
was
wiped out and litivwhich
began
in • 1941
ended when the U. S., Circuit
Appeals affirmed, with charge.
A certified check for 3%
.modifications, a judgment of U. S., of the par value of the bonds bid
District Judge Thomas Trimble in
for, payable to the Order of the
St. Louis, Mo., Jan.
iTA^AAAAA County Treasurer, must accom¬
P. A. Lasley, Little Rock, attor¬ pany bid.
'AAA'. AAA
ney for the drainage district, was
.
informed
5
•
-
•
-
court's
18
decision
of
the
which
appeal
will
the district $1,927 of $3,738
now
in the
court
registry and
bring to a close suits which disclosed
bond
selling
brought
one
District
Court
Trimbe
termed
with
speculations
party
what
"unclean
to
the
Judge
hands."
.
.
''A< AA, A
Colorado
'7'
Salida, Colo.
re-
turn tq
■that
:
Jan.
to
from local banks
:
'
Bond- Call—R.
aaa.
County (P. O.
ville), Fla.
Brooks-
Douglas Corlett,
City, Treasurer, calls for payment
March 1,-1944, at his office,
on
refunding water bonds Nos. 124,
125, 127, .128 and 129, maturing
Sept. 1,, 1957 and 1958. ' Interest
ceases
of
Administration,
to Section
State
acting
-pursuant
16 of Article IX of the
Constitution, has elected to*
March 1, 1944, the following out¬
standing .-bonds
of
Hernando
County:
"A
■
<
-'
$439,000 ($1,000 each) road and
bridge refundings, series A, dated
Sept. 1, 1936, maturing Sept. 1,
1.966,
numbered, all inclusive, as
follows: 12-19, 35-38, 49-65, 67-68,
98, 106-215, 222-227, 229-330, 334495-523
The
on
call date.
-
•
Board
announces
that
no¬
tice of such redemption has been
filed
with
the
Guaranty Trust
Co., New York
agent,
and
tioned
coupons
that
City, the
the
with all
attached,
will
par
and
paying
above-men¬
bonds,
at
this action the
By
braved
written
a
attorney for
has
a
ask
one
councilmen
threat
from
an
bondholder who
for
$4,900 court judgment, to
contempt of court cita¬
against the Calumet City
tions
officials.
In
...
.
second
a
action, the council
tabled, without a vote, a demand
from Cook County Assessor John
Clark
in
exchange for
holdings and the unex¬
refundings will be of¬
at
public sale with
antee
bid
are
of
dated
ture
101.
Jan.
The
that
"tax
ney
council
act
to
written notice to the
which
will
in
result
a
strike," Calumet City Attor¬
Pavlik told the council mem¬
that legality of any.. action
the city council to alter the
tax levy is questionable.
bers
by
He
pointed
dates
for
the
to
fact
submission
that
of
budgets
by
departments, advertisements
and for dates of adoption of the
budget and tax levies by the city
are
provided by
State
a
guar¬
council
bonds
laws.
ma¬
No
later
provision
exists
for
said.
1,
1944, apd
.1954,
bearing
3%, interest:
$187,000 from 1955 to 1972, bear¬
ing 3y2% iiiterest, and $120,000
in
1973, bearing 3y2% interest.
Bonds maturing from 1945 to 1972
callable.
not
bonds due
follows:
103;
Clark, in
follows: $64,000 from 1945
as
the
its adopted budget and tax
new
to
are
abate
in
on
The
1973
are
$120,000
callable
as
after
or
1948 at 102;
Jan., 1945, at
1953 at 101 and
1959 at 100.
revision
Sale—The
whereby
avenue
could
challenge
he
any
taxpayer
legality of the
council's action in courts, he be¬
lieved.
' '
' ■; A "".•
y.,
,,
,
In
addition,
reporting
on
a
meeting of the Illinois legislative
committee, headed by State Rep¬
LaGrange,
$124,000
levies,
demand, if complied
with, would result in providing an
Illinois
Bond
the
Clark's
resentative
Miami Beach, Fla.
of
Frederick
Pavlik
State
Virkus
said
that
Chamber
of
of
the
Com¬
cou¬
merce objected to tax changes at
refunding bonds of 1944 of¬ this
time, holding legislative ac¬
fered Feb.
pon
9—v. 159, p. 489—were
awarded
to
a
group
composed of
Fox, Reusch & Co., Cincinnati;
Baum, Bernheimer Co., Kansas
City,
and
Corrigan
&
Co.
of
Miami, as 13/4S, at a price of
97,045, a basis of about 2.04%,
Dated
March
1, 1944, and due
March 1, as follows: $4,000 from
1947 to 1950, incl.; $5,000, 1951 to
1958, incl.* $10,000 in 1959 and
1960, and $12,000 from 1961 to
1964, incl. Non-optional. Second
high bid of 100.026 for 2.10s was
made
by the
ClydeC. Pierce
Corp. and the Florida National
Bank, in joint account.
tion is necessary.
In
A:/"'-'
addition, Pavlik
said, the
predicts
proposal,
which
would place property assessment
Chamber
that
Commerce
Clark's
values
the
of
on
a
100% basis instead of
37%
currently used in Cook
County, will result
in
higher
taxes by all taxing units.
Chicago Sanitary District, III.
Bond
Sale—The First National
Bank of
Feb.
9
I land
100.66
Chicago
was
awarded
issue of $121,000
an
on
series
judgment bonds on a bid of
for
Is, a basis of about
0.844%. The bonds
re¬
are
dated Dec.
in¬
Fla.
Inc.
St. Johns
School
Sale—The $367,000 bonds
offered for sale on Feb. 8—v. 159,
a
syn¬
County Special Tax
District
'
were
Bond
588—were awarded to
No. 1
(P. O. St.
Augustine) Fla.
Bond Sale—The $58,000 3V2%
permanent refunding bonds of¬
1, 1943 and mature Jan, 1, 1949.
Optional as follows: $21,000 Jan 1,
1947, and $50,000 Jan. 1, 19487Second high bid of 100.17 for Is was
made by Halsey", Stuart ; &
Co.,
fered
be
accrued
paying agent.
p.
offered
changed
interest
terest to March 1, 19^4, upon pre¬
sentation of same to the above
Kissimmee.
be
•*
-
follows:
as
litigation
in
&
fered
of
exercise its option and redeem on
493
County Clerk Flynn not to
a tax levy this
year for a
sinking fund for $60,000 in special
assessment bonds, according to lo¬
cal press advices, which continued
act-unless Calumet City complied.
With predictions of extended
Oak, Fla.
$371,000 of outstanding bonds.
the program, new bonds
present
Bond Call—The State Board
instruct
extend
in-
Progress—Leedy,
Co.,
Orlando,
and
the Clyde C. Pierce Corp., Jack¬
sonville, have contracted with the
city to undertake the refunding
will
deemed
.
or
upon
Under
Court of
.
Instruction
resolutions
$745,000 ($1,000 each) road and
bridge refundings, series B, dated
Sept. 1, 1936, maturing Sept. 1,
1966/ numbered/ all inclusive, as
follows: 553-561, 565-569, 630-715,
718-912, 915-1164, 1168-1295,12981323, 1333-1344, 1433-1466. ;•
$333,000 ($1,000 each) road and
bridge refundings, series C, dated
Sept. 1, 1936, maturing SeptA 1,
1966, numbered, all inclusive, as
not be sold for less: than par and
follows:
1559-1577.
1590-1653,
accrued
interest. The.-approving
1664-1670, 71672-1674,
1676-1705,
opinion of O'Melveny & Myers
1711-1742, ,,1745-1816,
1818-1828,
of Los Angeles, will be furnished
1830-1842, 1844-1849, 1859-1934.|
to the successful bidder without
"bonded indebtedness of the above
^gatipn
Public
borrow $235,000
Angeles, Calif.
this
suf¬ ing—The Department of Water
ficient funds in various categories and Power will receive sealed bids
that can be used for this purpose until Feb. 24 on an offering of
from which temporary loans were $15,000,000 electric plant revenue
made and are
being repaid by refunding bonds. Proceeds of the
financing will be used in the re¬
•assessment payments.
demption J by call on April 1, of
Last year was a banner year in
the
>
department's
outstanding
revenue collections with all of the
txk% bonds, due 1949-1976, ac*
major revenue items exceeding
cording to report.
A
-the estimated receipts. Real and
: personal property taxes, as might Seal Beach School- District
Seal Beach), Orange County,
be expected, produce the biggest
■
•single share of the city's revenue AAA.)A A Calif. < ;
A/:* .7%
Bond Offering. —- Sealed
and last year amounted to $132,bids
220.10.
It is interesting to note will be received until 11 a. m. on
that the city's new cigarette and Feb. 23, by. B, J. Smith, Clerk of
amusement tax produced almost •the Board of County Supervisors,
as much as the local gasoline tax
for
the
purchase
of
$100,000
.with
the former
Interest rate is not
totalling $31.-, school bonds.
to exceed 5%, payablev.semi-an-*
.075.19 and the latter $34,017.17.
nually. Denom. $1,000. Dated Feb.
arkansas
1, 1944.
Due on Feb. 1." as fol¬
lows: $5,000 in 1945 to 1954, and
Dermott Drainage District, Ark.
$10,000 in 1955 toJ959. Bonds will
•
of
passed
recent
a
to
city officials, has threatened to
A-^A.AAA.
ask States Attorney Courtney,, to
Septa l, 1943. Denom.
Refunding
Wheeler
to meet payroll for teachers.
Water And Power Bond Offer¬
sity for a bond i?sue for
vWork^ because; the city has
Board
recently
in
voted
7
Live
To Borrow From Local Banks—
on
1954,
$1,000.
FLORIDA
Jacksonville),
date
of par and accrued
Dated
Fla.
The
payment
Sept.
1,
terest.
v.
Hernando
certain
.to finance the work and it is pos¬
sible that there will be
-
.
the
the
'"
1/15/44
Duval County (P. O.
other
session
Cook
rate, adopted last September, to
efiect a lower tax-income figure.
(Matured),
lApl
with
councilmen,
special
and
3,
terms
Maturity
•
(together
after
Dominion Of Canada
1/15/37
ma¬
City's
Courts
Bond Action—Calumet
on
terest
First, 4s, Dec. 1,1943 (Matured)
Date of Is.
Bonds
County
City, III.
Defy
demption in numerical order,
prior to maturity, on any in¬
Lighting Co.
2%s
-
bonds, all aggregating $64,000) shall be optional for re¬
Somerset, Union & Middlesex
Rate
interest.
turing in the years 1977 and
1978, in the amount of $-32,-
1,
Dec.
000
before
of
Clerk
The indebtedness
Court,
aid.
interest
and
March
a
have
this
Irrigation District. A hear¬
the petition is scheduled
the
projects
which
taxpayer that he
the
on
3y2s,
(Failure to pay dividend of 4%
capital stock for year 1943.)
.
of
Refunding,
on
outstanding indebtedness of
Colusa
ing
First
accrued
Essex Railroad Co.
2000
California, for confir¬
a
plan of composition
Williams Irrigation District, which
was consolidated with the Glenn-
was
un
one-third mainly
getting his streets paved at
cost
.
of the
Tuscaloosa
to
meant
was
:
year,
During the
past
five
years,
especially in the years from 1939
to
1941, the mileage of paved
streets
"
.
of
mation
for
the first time in over a decade,
.the total city indebtedness was
•less than $2 million.
-
is
reported that the dis¬
trict has filed a petition in the
U.
S.
District Court,;; Northern
the city
years
\ has been making
Morris &
Calif.
actual
$22,312,030.
was
•
t
the
Officials
New
basis
Dec.
Feb.
10—v.
159, p.
588—
awarded to Shields & Co. of
York, at
of
a
about
price of 105.475,
2.689%.
a
Dated
1, 1943 and due Feb. 15, as;
These
offered
time
the
bonds
were
originally
Nov. 4, 1943, at which
bids were rejected
by
on
all
Board
of
Trustees
because
the majority decided against mak-
*
funded
Davenport, Iowa
be
of
price of 100.163
'
•
•
■
'
for Is.
. >
be collected, including eight com¬
election will paratively small ones grouped in
held April 1 to vote on an issue one bond issue.
■;: ; "
airport bonds.Early in the" present session of
III.
Charles
Georgetown,
Offering
Bond
—
A.
159,
v.
awarded to
490—were
p.
of $106,000 not to 100.058, a
interest water rev¬ Dated Feb. 1, 1944. Due Feb. 1,
as follows:
$18,000 in 1945 to 1947
enue refunding series 1944 bonds.
Dated March 1, 1944. Denomina¬ and $19,000 in 1948 to 1951. The
next highest bidder was Paine,
tion $1,000. Due March 1, as fol¬
lows:
$2,000 in 1945 and 1948, Webber, Jackson & Curtis for
$3,000 in 1947 to 1949, $4,000 in 0.75s, at a price of 100.057. ,
1950 to
1955, $5,000 in 1956 to
Marshalltown, Iowa
1958, and $6,000 in 1959 to 1967.
Banc! Election—An election has
$1,000 maturing in 1947 to 1967, been called for Feb. 17 to submit
to be payable at option of the
to the voters a proposal to issue
city, all said bonds not so paid
$115,000 airport and equipment
on the
year normally payable to
bonds.
"
be paid March 1, 1963. Principal
and interest (M-S) payable at the
KENTUCKY
First National Bank, Georgetown.
Bellevue, Ky.
The city will accept the best bid
Corrected Figures on Floating
of par or better, specifying the
Debt—The last issue of the State
lowest rate of interest. Said bonds
purchase
the
road
introduced
were
meet
chargp rates sufficient to
all. maintenance
execution to satisfy the same,
60
bonds and free all State- and accrued interest upon
owned bridges, but the adminis¬ days' published notice. t
tration and highway department
Kennebunkport and Wells Water
in bridge
Massachusetts.
are to be issued to
Yo^k and
funds to pay off about $2,500,000
& Co.,Inc., of
paying a price of
basis of about 0.7355%. opposed the plan, and indications
Halsey, Stuart
Chicago as 0.75s,
City Clerk, will receive
sealed bids until 7 p.m. Feb. 15 for
Payne,
exceed
bills
Legislature,
to divert
Kentucky
the
Dubuque+ Iowa
Bond Sale—The $13.0,000 airport
bonds offered for sale on Feb. 7—
:
rate and maturities by the Massa¬
chusetts
Department of Public
and oper¬
Utilities at yields ranging from
ating expenses, interest on out¬
0.35% for the 1945 maturity to a
standing
indebtedness, and, in
addition," that all property of the price of 99 74 for the 1969 ma¬
The bonds, in the opinion
District itself and the property of turity.
of the bankers, are legal invest¬
all the inhabitants of the District
ment for savings banks in New
is ultimately liable to seizure on
District
which tolls will
Bond Election—An
.highest tender was made by the
Northern
Trust Co. of Chicago,
the offer being a
12 others owned
by the State on
The
issue.
bond
the
by
structure leaves
IOWA
ing payment at that time of some
of the claims which were to be
1944
Monday, February 14,
COMMERCIAL & FINANCIAL CHRONICLE
THE
684
bonds
The
provide funds for the purchase
by the District of $2,600,000 of
bonds
of the
Boston Elevated
(P. O. Kennebunk), Me.
Sold—An issue of $600,-
District
Railway Company and they will
constitute, in the opinion of coun¬
water bonds was pur¬ sel, valid, direct and general obli¬
interim.
chased
recently
by
Robert gations of the District for the pay¬
Newport City School District (P. O. Hawkins & Co. of Boston. Dated ment of which its full faith and
Jan, 1, 1944. Denom. $1,000. Due credit are pledged.
Newport), Ky.
Bond
Refunding Urged—It is April 1, 1963. Callable in Whole
Fall River, Mass. ,
stated
that
Morris ' Weihtraub, or in part on any interest date
Note Sale—The $1,000,000 rev¬
counsel for the School Board, pre¬ on and after April 1, 1957, at 105
enue
notes
offered for sale on
sented a resolution at a recent
Maine (State of)
Feb., 8 were awarded to Leavitt
meeting of the City Commission¬
Local Units Progress in Post¬ & Co. of New
York, at a discount
ers calling for the city to adver¬
war
Planning—Debts Reduction rate of 0.449%. Due Nov. 8, 1944.
tise for sealed bids for the re¬
Put
at
$1,000,000
Annually— Other bidders were: First National
funding of $153,000 school bonds. "Thoroughly aware" of the neces¬
Bank, Boston, at 0.512% discount;
The successful bidder on the pro¬
sity for post-war planning, the National Shawmut Bank, Boston,
ceeding contract must guarantee
majority of Maine municipalities at 0.52% discount; First Boston
a price sufficient to
pay the cost
are making excellent progress in
Corp. (plus $3) at 0.53% discount.
of the call premium, cost of pro¬
"a common sense preparation for
Lynn, Mass.
ceedings and the par value of the foreseeable post-war adjustments,and Municipal Compendium, re¬ bonds.
Note Sale—The $500,000 notes
it was reported Feb. 3 by Frank
offered for sale on Feb. 3 wereported on the financial status of
Members of the School Board
A. Milliken, who is in charge of
the above city, gave the amount
explained that the present bonds the municipal division of the awarded to the Security Trust
61 floating debt as being $24,763, call for 3% rate and that by re¬
Co, of Lynn, at 0.40% discount.
State's post-war planning under
using erroneous figures supplied funding them a lower interest
Other bidders were:
the Maine Development Commis¬
at that time.
City Clerk F. X. rate, probably 2 or 21/2%, can be
Bidder-—
Discount
sion.
.
3 }£%'•.
are
if
maturity
will' runl to
bonds
the
that
off
paid
not
in
the
Bonds
2%
000
•
printed and supplied by
bidder and all bids
so conditioned, the cost
to be
are
the successful
be
must
the
of
preparation
the
of
pro¬
ceedings relative to the issuance
of the bonds, legal opinion rela¬
tive to the validity thereof, and
Braun
We
The bonds will
of
us that the
floating debt
subscribers through
using the former figures.
caused
first mortgage on
water works and water sys¬
be secured by a
the
assures
amount
Jan. 1, 1944, was $5,438.90.
regret
any
inconvenience
of
as
ceedings to be paid for by the
Successful bidder.
now
correct
said pro¬
all
of
copies
certified
pur
obtained.
Following "preliminary
contact"
explained, that it with 67 out of 68 Maine cities
is necessary for the School Board
and towns with a population of
to
obtain sanction
of the City
2,500 or more, Mr. Milliken told
Commissioners
before refunding
Commission officials that he be¬
the
bonds,
because
when the lieved about half of the: State's
school
was
constructed Through
23 cities will have completed their
It further was
Leavitt & Co..,
National Bank,
Merchants
First
fied
2%
for
check
certi¬
a
the
of
Greenup, Ky.
par
City. Treasurer.
III.
(P. O. Mitchell),
No. 109
cation to validate a
of Edu¬
proposed issue
3% refunding bonds. If
the suit is sustained the bonds will
of $44,000
v
Voted—An election held
Bonds
has
suit
orought against the Board
County School' District
Madison
A
Education
,
of
been
Brought Against Board
Suit
bonds, payable to the
value of the
oe
voting of
$2,500 heating plant
recently resulted in the
the
aid
Govern¬
Federal
the
of
it
ment,
for the
the issuance of the
necessary
was
post-war setups within six months
and that the balance would not
city to sponsor
bonds;
The School Board is now
paying them off.
LOUISIANA
authorized.
New Orleans, La.
Boston
Boston
National Bank.
Day Trust Co;, Boston-!
Goldman, Sachs & Co.-
0.415
0.419
0.42
J—
■
;
0.435
Natick, Mass.
$200,000 notes
for sale on Feb. 7 were
,
Enclose
of the city.
tem
0.4069Ve
•
National Bank. Boston0.409
Second
Sale—The
Note
offered
awarded
Second National
the
to
Bank of Boston, at 0.369% dis¬
behind.
Between 30 and
count. Dated Feb. 7, 1944.
Due
40 out of 45 towns will set plans
Nov. 7, 1944. Other bidders were
in motion during town meetings
as
follows: First National Bank,
this spring, he said.
Boston, 0.42% discount, and Gold¬
It was also
disclosed that a
man,
Sachs & Co., 0.424% dis¬
be
far
larger portion of Maine cities and count*.
Dock Board
Balance Put
at towns are reducing municipal debt
Municipal
New Bedford, Mass.
$667,579—The Dock Board of New rapidly, some already having got¬
Duplication of Utility Systems—
Rock Island County (P. O. Rock
Orleans,
as
of Dec. 31,
1943, ten out of debt while others have
Note Sale—The $500,000 notes
Under " legislation introduced in
Island), III.
showed a balance of $667,579 in put cash into sinking funds to offered Feb. 10 were awarded to
the Kentucky Senate,
the 1942
Ordinance Passed—The Forest
all .accounts* according to a state¬ redeem bonds maturing in one or John G. Sessler & Co. of Boston,
Tennessee Valley Authority En¬
ment
of receipts and
Preserve Commission passed an
disburse¬ more years. Debts have been re¬ at 0.388% discount.
Dated Feb.
abling Act would be amended to
ments for the past year released duced "about $1,000,000 a year"
ordinance last month calling for
11, 1944, and due Nov. 9, 1944.
prohibit cities from duplicating
an
issue of $115,000 2^% prop¬
recently by D. B. Shepherd, audi¬ in all Maine municipalities con¬ The Merchants National Bank of
existing electric plants and to pro¬
tor for the Board.
v.
■
y •
;
erty purchase bonds.
;
Boston, second high bidder, named
vide a set formula for establish¬
tacted, it was reported.
Operating accounts (including
'
Mr. Milliken reported that
at a rate of 0.428%.
ing the purchase prices of any
INDIANA
the executive and engineer's de¬
present Maine cities and towns Norfolk County (P. O. Dedham),
system a municipality wants to
partments and operations of the have a backlog of necessary main¬
East Chicago School City (P. O.
buy.
Mass.
docks, cotton
warehouse, grain tenance and repair work together
Vs
East Chicago), Ind.
Senate Republican Floor Leader
Note Sale—The $450,000 notes
elevator, coal tipple and naviga¬
with desirable new construction
Bonds Not Payable Before Ma¬ Ray B. Moss
of Pineville, who
offered for sale on Feb. 8 were
an
of
issue
Kentucky (State of)
bonds.
Would
Bill
Prohibit
.
tempt to save a
of
was
money
when
on
that
The
proposed formula for ascer¬
the purchase price pro¬
taining
permitting payment prior
The attorney's inves¬
bonds
amendments
20. was one of a group
engaged in a vigorous fight against
the enabling act two years ago.
opinion stating
in the
written
a
Jan.
there is no provision
that
the
introduced
sub¬
attorney
Board's
the
mitted
Board's;. at¬
considerable sum
blocked recently
School
turity—The
vides
that the value of
the prop¬
balance of $631,compensation liabil¬
tion canal) had a
334.24.
The
ity fund account showed a balance
of $17,118.14; the one-cent gaso¬
line tax account, $457.37, and the
navigation canal construction ac¬
count, $18,669.25.
Balances as of Jan. 1, 1943, were
erty,; Aet earnings, taxes paid on" shown as follows: Operating ac¬
tigation of the bonds resulted the property or the equivalent,
counts, $908,751.14; compensation
from Trustee George Grimmer's reproduction cost and other fea¬
liability, $32,521.46; gasoline tax,
suggestion that a study be made tures would have to be consid¬
$63, and navigation canal con¬
to
determine whether the out¬ ered by the three Commissioners,
struction, $6,275.74.
standing bonds could be retired who under the present law may
Also shown were the following
and the indebtedness refinanced be appointed by County Court to
figures: Operating accounts—re¬
assess
at the prevailing low rates of in¬
property in cases of dis¬
ceipts,
$5,310,746.44;
disburse¬
value.
to maturity.
terest.
pute as to
Bond Sale—The
$560,795.83 Bar¬
bonds offered
159, p. 490—
awarded to Shields & Co.,
rett Law deficiency
for sale on Feb. 7—v.
Coffin & Burr, both of New York,
and Jhe City Securities Corp. of
Indianapolis, as Is, paying a price
basis of about 0.948%.
of 100.512, a
On
the
tional
same
Bank
day the First Na¬
of
Chicago
was
the
erty through
district bonds of 1944—v.
159, p. 490—as Is, paying a price
of 100.13, a basis of about 0.988%.
The
next highest
bidders were
the First National Bank, Chicago,
for
Co.
Is,
for
price of 100.055.
>
The
$560,795
March
lows:
•
bonds
bought Dec. 31, 1936, from a pri¬
company for $250,000, paid
off the final $8,200 principal and
vate
fol¬
interest
Jan.
to Jan.
1, 1985, inclusive.
The
1
$105.0G0
and
It
July
issues
is
1,
1946
on
is
the bonds.
the
third
-
said,
soon.
any others
The bridges at
for
State-owned
last
to go free
Catlettsburg
Jan. 1 from 1946 to 1966,
and Paducah were freed last year.
j
Freeing of the Calhoun-Rumsey
inclusive.
.
Due
M-N.
Nov.
the
repair work during
because of the scarcity
and
tenance
war
of manpower
and materials.
Bond
dis¬
0.34 %.
at
Bidder—
Discount
.
National
Mercnanfcs
Bank, Boston,
0.366'io
Trust Co., Dedham 0,372
Boston Safe Deposit & Trust Co.',
>;•!
and Second Nat'l Bank, Boston-- 0.379
Norfolk County
.
.
Quincy, Mass.
Note: Offering
City
Grath,
sealed
15
Feb.
Thomas Mc-
—
will re¬
until 11 A. M.
the purchase at
Treasurer,
bids
for
$800,000 notes, dated
Feb. 16, 1944 and due in install¬
of
discount
Metropolitan District, Mass.
Sale—The $2,600,000 re¬
National
First
the
Boston,
Other bidders were:
count.
on
Boston
to
of
Bank -
ceive
MASSACHUSETTS
1968.
1,
bonds.
was
a
The next highest
group
composed of
tlnion Securities Corp., New
the
Interest York;
construction bonds.
50,000 2y4%
in 1945 to 1969.
bidder
•
Presspriclr &
W.
R.
Co.;
Eastman, Dillon & Co.; Equitable
Securities Corp.; Paul H. Davis
Co.; Eldredge & Co.; Spencer
Co.; C. F. Childs & Co.;
John Nuveen &• Co.;- Schwabacher
$2,000 in 1964. Interest J-J.l
All of these bonds
are
dated & Co.; Kaiser & Co.; W. E. Hutton & Co.', and Harvey Fisk &
Jan. 1, 1944. Denom. $1,000. Prin¬
cipal and-interest payable at the Sons, bidding for IV4S at a price
Due Jan.
from
National
-•
July 1, but balances on the other
ones
are
too large, Mr. Watkins
March 1, 1944, and due $5,000 an¬
nually
en
bridge to pay its bonds since
dated
recenly purchased
refunding
2V2%
$93,000
CalhoUn-
29', State Highway Commis¬
sioner
J.
Stephen Watkins an¬
nounced.
Tolls from the span,
$14,785.83 July 1, 1945, and
$14,000
Be¬
Jan.
dated
as
Bridge
Toil-Free—The
comes
a
& Co. of Boston
$143,000 bonds, as follows:
Rumsey bridge in Kentucky over
Green River became tollfree on
'
are
1, 1944, and mature
at
the courts for pur¬
Calhoun-Rumsey
Is; Halsey, Stuart
$105,000,
pointed out that many cities and
towns
have been unable to
do
more than the most urgent main¬
ments, $5,588,163.34;
chase.
tary
&
municipalities back to their pre¬
condition.
Mr.
Milliken
war
awarded
the following
ments of $300,000 on
,
—
successful bidder for $105,000 sani¬
fbr $560,795, as
between $5,000,000
cost
$10,000,000. Maintenance and
repair work must be done soon
after the war's end to bring these
and
compensation
dates: Nov. 6, Nov. 17 and Nov.
It would be provided by the
liability—receipts, $59,764.82; dis¬ funding bonds offered for sale on
Feb.
8—v.
159,
p.
589—were 27, 1944.
- •
■
.
.
non-duplicating amendment that bursements,
$75,168.14;
gasoline
no city where there already is an
awarded to a syndicate composed
tax—receipts,
$1,074,619.37; dis¬
MICHIGAN
of Halsey, Stuart & Co.; Lehman
electric plant "shall have power
bursements, $1,074,225; navigation
under this or any other law to
.
canal construction—receipts, $17,- Bros.; Blair & Co., Inc.; Shields % Harirscn Township Sch. Dist.
& Co.; Coffin & Burr; Otis & Co..
construct an electric light plant,
No. 1, Mich.
412.05; disbursements, $5,018.54.
or enter upon the construction of
and Newburger, Loeb & Co., all
Bond Call—It is stated by Geo.
MAINE
of New York, as 114s, at a price A. Georgeson, District Secretary,
any facilities duplicating those of
the existing plant, or the exercise
of 99.919, a net interest cost of that the district is calling for payBelfast Water District, Me.
about
1.254%.
Dated March 1. ment on March 1, at par and ac¬
of. the power of eminent domain"
Bonds Sold
Robert Hawkins
—the right of condemning prop¬
1944, and due serially on March 1 crued interest to that date, the fol¬
Indianapolis, Ind.
were
■/
will
that
1, as follows: $3,000
to 1963 incl. and
1948
of
Bank
Commerce,
&
Trask &
headed by
Halsey, Stuart & Co., Inc., offered
legal
opinion
of > Cook,
Hutchinson, Pierce & Connell, of
The
that
these
Feb.
Boston
9
an
group
issue
of $2,600,000
Metropolitan
District.
interest
Nos.
Refunding Bonds
1937
29 and 45,
said
The
8,
$1,000 each.
bonds
should
be de¬
livered to the Detroit Trust Com¬
Detroit, Michigan, for pay¬
or before March 1, 1944,
pany,
ment
All
on
interest
on
said
after March 1,
cease
bonds
shall
1944.
Inkster, Mich.
Bond
will
be
Offering
received
—
Sealed
until
bids
8-p.
m.
on Feb. 23, by Freda K.
Planche, Village Clerk,' at the
(EST),
De
Portland,
will
bonds
valid and legally bind¬
Mass.,
114% bonds, due serially
1,
1945-1969,
inclusive.
bonds are being offered sub¬
Village Hall, 26820 Michigan Ave.,
District
March
for
approval of interest
$1,000. Coupon bonds, dated July
are
state
on
banking
callable at any
and
1937
date.; :
of 99.8029
A
Portland.
lowing bonds, dated September 1,
the
ing
obligations
of
The
Act creating
the District re¬ The
Trustees of the ject
quires
that
the
to
the
the
sewer
-
purchase of $110,000 3%
revenue
bonds.
Derom.
635
all incl, Prin. and int.
able
the
at
tional
Bank,
shall
be
Detroit.
awarded
to
The
To
Na¬
•ible and interest
the
.The
-
To
bonds
issued
are
for
Michigan
C.
William
and
the
of
First
the
improv¬
system of the Vil¬
Roney
1, 1970; optional, (2);
(60 days), (*)
^AA-FA-': F
$25,000 City of East Detroit, series
maintenance, and will be
cured
by
first lien
a
such
on
se¬
issue
'V
bonds, due Oct. 1, 1970;
tional, (2); (60 days). (*)
of these bonds shall
additional
no
bonds
of -su-
perior
equal standing and se¬
the bonds of this
or
curity
with
issue.
A
certified
amount of
check
$2,000, drawn
incorporated
bank
or
in
the
com-
pany,
Bids
shall
be conditioned
Detroit, approving the legality of
the
bonds. V The
cost
of such
opinion and the cost of printing
bonds
will
all of the bonds will be received,
/
•
'
"
Lincoln
Mich.
Certificates Purchased—In
-
con¬
tenders,
of
cates
V.
Sattley
Co. and Mc¬
both
Co.,
of
■
optional,
1965;
1,
v days). (*)
-
To
(60
(2);
\
-
Gilbert
Donovan,
of
Co.
&
$4,900 Lansing Township, Ingham
County School District No. 3,
214% bonds, due Oct. 1, 1944;
non-callable (4 at $1,000 and
-
1937,
Nov.
ries
purchased at an average
price of 95.83 and $2,732.01 series
were
C certificates at 95.50.
Plan
Refunding Issue—The city
is planning to issue $2,174,400 re-,
funding
bonds,
subject to ap¬
proval by the' Municipal Finance
Commission, according to report.
The
bonds will be dated Dec,
new
1, 1943, and mature serially from
1948 to Aug. .1, 1973. \
Feb. 1,
C, 3
tional.
•'
'
.
5%
to
refunding
1, 1965; op¬
bonds, due Nov.
.
(2)
New York.
Stone of Detroit.
The next
1948.
Feb.
on
.
.
of
holding
State's
the
the
item
an
complete
municipality
in¬
volved.
Held
recently
for
The
—
ordered
Feb.
24
on
$250,000 refinancing bond is¬
which
special
Van
defeated
was
election
Halferty,
held
at
the
recently.
presiding
Judge,
highest bidder
;
v
•
the
was
Bank, Hopkins, for
$8,500 at 114s, at a price of 100.11.
Grenada, Miss.
tion
Sale
with
1%%
water
bonds
sale
and
Denom.
$1,000. Due $1,000 from
1, 1944 to 1968.
Oct.
$21,000,000 For Debt
Retirement—
Both
county
in
the
order
to
give
credit
proper
the
rating
,
necessary for normal operation of
the various departments. \ '■
proved
faith
ing
of
the
of
of
the
for
and
credit
bonds
of
of
creation
Retirement
will
State
a
Commission, to
various
State
administer
officials,
the
fund,
is
"irrevocably pledged to
ultimate retirement of presently
outstanding full faith and credit
Following
the
legislative
measure
forwarded
was
Tom
and his
ture
the
fact
Missisippi."
approval,
to
Bailey for signa¬
endorsement
that
had
he
was
view
in
a
of
strongly
advocated its adoption.
Straight Bayou Drainage District,
Humphreys and Sharkey
meeting
of
City
,
a
Council
Jan. 26 the Mayor was author¬
ized to enter into a contract with
Kirkpatrick-Pettis Co. of Omaha,
to issue $40,000 214% refunding
1
/
,
L.
Willis,
Borough
advises that the $55,000
bonds maturing in the years 1954
and 1955 will be
whole
County, Mich.
.
$56,000 City of Detroit, Series A
4V2% general obligation refunding bonds, due Jan. 1,
■/.v.- 1945; non-callable. (1) '
To
Ilarriman
at
j
Co., Inc.,
103.95:
$15,000
i
Ripley &
.
City of Detroit, series A
414%. school refunding bonds,
due
Feb.
able.
To
(1)
1,
1945;
non-call¬
-
Crouse, Bennett, Smith & Co.,
Detroit,
and'% Ilornblower
&
Weeks of New York, at 104.423:
f
$10,000
City of Detroit, series A
4V2% sewer refunding bonds,
due
Feb.
1, 1945; non-call¬
able. (1)
Sealed
Tenders
Invited—-It
stated by
Walter F. Pratt, Village
Clerk, that he will receive sealed
tenders of refunding bonds, Series
C and
A,
D, dated Oct. 1, 1937,
clue on Oct. 1, 1967, up to 7:30
p.' rn. (EWT), on Feb. 25, to be
publicly opened by the Village
Commission at a meting
to be
held
in
the
Municipal Offices,
Jefferson
Road,
Avenue at
the
on
The
same
Berlin, N. H.
Note Sale
Offered
—
sale
for
awarded
The
Feb.
on
the
to
$100,000 notes
First
8
were
National
Bank of Boston at 0.54% discount.
Dated Feb.
able
or
.
i
Series
notes
authenticated
were
genuineness
and
ton, and all legal
to
this
issue
by
Bank
to
as
validity
Shawmut
the
Bos¬
of
incident
papers
filed with said
were
To Bacon, Stevenson & Co. of New
York, at 104.141:
$64,000
City of Detroit, series A
school refunding bonds,
due Dec. 15, 1944; non-callable. (1)
■
v
5%
;
To
Ilarriman
at
l
Ripley & Co., Inc.,
103.48:
$30,000
City
various
ment-
of Detroit,
4%%
public improvement
bonds., due. Dec.. 15,
1944; non-callable.
(1)
the
bonds in
.
A
;
the
eral
fol¬
has
-
^
,
C
Bonds
its
purchase
1934,/,
.
of
^
t
the
,...
Bonds—
2,291.60
Tenders
should
fully
describe
securities
offered, including
numbers, their par value,
the
amount
for
which
will be sold to the Village.
they
A\;y
The ; Village
Commission re¬
serves the right to reject any or
all tenders; to waive any irregu¬
larities in
said
of
on
the
published in the
York.
He further
New
that
the
official
bid
form
will include this information.
Hillside, N. J.
Cites
Progress
in
Obligations — Hillside's
municipal bonded debt stands at
$2,077,995,
tions.
10.16% of its valua¬
or
Continued
of
progress
re¬
ducing the indebtedness has been
noted in
This
recent
was
years.
revealed
Jan;
on
29
a
prepared for the State Local Gov¬
ernment Commission's office. The
treasurer said the
township will
off
pay
$125,000 principal and
interest " in the coming
$93,000
year.
yHy:
For
the
next
ten
he
years,
payments slowly reducing to $19,000 in 1955. Some $500,000 worth
of
property, mostly vacant, is
by the municipality,
now
owned
but
will be sold and will contribute
to the ratables total in the
future,
Schnabel said.
of
>
v
-
The
township school debt lis
$792,000. In 1944, $66,500 will be
chaser.
The notes are payable at paid off on the
pricipal and $33,the National Shawmut Bank of 208 on the
interest.
'yvFv-y
Boston,
„
Runnemede, N. J.
NEW JERSEY
A '
Bergenfield, N. J.
•Bond
Offering
Willis,
ceive
sealed
(EWT)
chase
Clerk,
bids
Feb.
on
Edmund
—
Borough
until
23
for
L.
will
9
re¬
p.
the
m.
pur¬
Refunding Proposal Under Con¬
sideration— The following
report
is taken from the minutes of the
Local Government
Board, consti¬
tuting
the
Municipal
Finance
Commission, meeting of Jan.
31,
1944:
of
$135,000 not to exceed
Norton P. Rogers appeared be¬
coupon or registered refund¬ fore the Commission to
discuss a
4%
ing of 1944 bonds.
Dated Feb.
1, refunding proposal pertaining to
the Borough of Runnemede.
Mr,
Rogers stated that he owned-or
in 1951, $22,000 im 1952. $24,000 in
controlled all of the bonds of this
1953, $26,000 in 1954, and $29,000 borough and had worked out a
in 1955.
Bonds maturing in 1954
proposal which would provide for
and 1955 are subject to prior re¬ a
shorter maturity schedule and a
demption on Feb. 1, 1950 or any 3% interest
coupon.
He further
1944.
as
Denom. $1,000.
Due Feb. 1,
follows: $14,000 in 1950, $20,000
interest
on
date thereafter,
therein.
payment
the
terms
expressed
stated that the proposition which
he was submitting involved the
issuance of $250,000 of new bonds
to take up 245 old bonds.
^
The
proposal
acceptable
proposal..
Each
for the
ried
that
amount
bid
$135,000 nor more than
$136,000.
As between legally ac¬
ceptable proposals specifying the
rate
same
of
interest, the
bonds
Will be sold to the bidder
comply¬
ing with the terms of the sale and
offering' to accept for the amount
the
matter
under advisement,
NEW
pro-
bonds, which shall be not
discussed
was
at
length and it was thereafter reg^
ularly moved, seconded and car¬
'
be
taken
f
MEXICO
Bernalillo County
(P. O. Albuquerque) N. Mex,
Offering—Edna Monahan,
Clerk, Board of County Commis¬
Bond
sioners,
will
receive
sealed1 bids
until 7:30 p.m. on Feb.
29 for the
purchase of $250,000 court house
and jail refunding bonds.
Dated
bid the least amount of
save
a
considerable
tender
and
to
ac¬
.
_
.
amount
_A;-
*
•
Commissioners originally made
two
propositions to the RFC,
that the bonds be sold to the
missioners
or
the
Bank
of
one
com¬
Yazoo
City, Miss., to be. held in trust for
landowners in the district
or
that
tenders
February 25, 1944.
offer to accept the same
amount, then to the bidder
offering to pay therefor the high¬
est price. The purchaser must also
least
pay an amount
est
on
date
price.
the
the
equal to the inter¬
bonds
accrued
by private holders
from bonds of the
same
type and
terms
A A-
tax
1 aw,
der
may,
not
The commissioners contend that
during the next five years farm¬
ing conditions will be such that
substantially, increased taxes can
off the bonds.
of
relieved
■.
of
the
the
bonds
by the
income
the ■.'successful
at
der
the
Federal
any
bid¬
his
his
election,
obligations
contract
and
to
in
be
un¬
purchase
such
case
deposit accompanying his bid
will be
returned.
The successful
the
bidder
will
None
of such bonds will be sold at less
par
character shall be taxable
part of the
due by next Oct. 1.
or
which
at
of
received
will
purchase said
the lowest rate of in¬
purchase said bonds at par.
than
bonds
all
terest
or
date
In the event that prior to
to
pay
bonds,
the
to
delivery of the bonds the in¬
come
bidder
such
payment of the purchase
of
the RFC give the district the right
which in the
opinion of the Commission are
most favorable to the Village; and be collected from landowners in
to purchase additional Bonds suf¬ the district without undue hard¬
ficient to exhaust the amount of ships, and that it was their inten¬
money available for this purpose tion to collect such taxes and pay
cept
days'
finan¬
a
,
months, in which the district
sought to buy bonds now so
to
as
6,275.58
D
and
of
Bonds—.—T $12,211.16 of interest.
Series
serial
time
30
upon
pur¬
the
ground that is has the
right to hold them until final maturityr which is Oct. 1, 1948. The
agency, it is said, is acting pur¬
suant to an agreement reached at
par
added, payments on the principal
22, 1944. Issued in anticipation of will vary between $146,000 and
revenue for the current year. Said
$154,000 annually, with interest
posaF must state the
on
as a
inverse
newspaper
city
Denom. suit¬
purchaser.
Due May
less than
in
are
Series
the
resulted from the
measure
thb
Feb. 1, 1950,
payment
date
interest
any
states
21, 1944.
the
to
refusal of the RFC, to permit the
district to repurchase the bonds,
as
hand
on
sinking funds
York, at 104.66:
City of Detroit, series F
4% refunding bonds, due June
1, 1945; non-callable. (1)
the
in
on
report of Township Treasurer
Harry Schnabel. The report was
bidders
amounts
various
lows:
of
redeemable,
part
April 7, 1944. Denom. $1,000. Due
$25,000 April 7, 1945 to 1954. All
bonds, the bids submitted shall specify the
Introduction of the bill, Senator
Eleven Mile
bonds to be accepted being those lowest rate of
interest and pre¬
day at 7:30 Bilbo says,, follows breakdown of first
maturing, and if two or more mium, if any, above par at which
negotiations over a period of sev¬
o'clock.
To Bacon, Stevenson & Co. of New
$60,000
is
in
or
.
103.926:
A
Clerk,
in
,
(*) indicates ; more of- similar
Rate of interest to be in
Counties, Miss.
multiples
Maturity of; this issiie or series
Michigan (State of)
Bill Would Compel RFC to Sell of V4 or 1 /10th of 1%. and must
Bond Sale—D. Hale Brake, State heId-.^:v.The;:statement...of-a:--jitimbey.:
be the same for all the bonds.
Bonds—Under the provisions of
Treasurer, reports that the vari¬ of days in. connection with an
item indicates the time, following a bill introduced in Congress by Principal and interest (F-A) pay¬
ous items of Michigan municipal
able at the Bergenfield National
issues aggregating $570,900 offered date of sale, during whicl\ the Senator Bilbo of Mississippi, the
Bank.& Trust Co., Bergenfield. No
for sale on Jan.. 11—v. 159, p. 54— State will not offer any more of Reconstruction Finance Corpora¬
tion would be forced to sell to the proposal will be considered which
such series or issue held by it.
were awarded as follows:
district the $134,000 bonds now specifies a rate higher than the
St. Clair Shores, Macomb
To II. V. Sfittley & Co. of Detroit,
held by the agency. Introduction lowest rate stated in any legally
at
■
Edmund
Paying
on
The bill
consist
which
Authorizes
special
outstand¬
authorizes
which
current
of July 1, 1944.
as
Bond
State's
approximately $25,redemption of full
borough*
Mayor and
y ■ /y ■
Treasurer
Platte, Neb.
Refunding — At
Mississippi
recently ap¬
Thorndike, Palmer & Dodge
bill appropriating $21,Boston
was
furnished the
a
450,000
surplus
000,000
NEBRASKA
North
bank where they can be inspected.
The approving opinion of Storey,
Legislature
■
the
prior notice published in
:
houses
State
Council.
to.
cial
National
Mississippi (State of)
Earmarks
legally bind¬
the
liquidated
$25,000
extension
sewer
payable
thereafter, at
■5 NEW HAMPSHIRE
to
700,
of
certified check for $2,-
a
over the years, and declared
it is necessary that those debts be
connec¬
of the
Enclose
ing
,
Details—In
the
valid and
are
obligations
order of numbers
bonds.
MISSISSIPPI
ing
said the Court has inherited
many
debts which have been accumulat¬
in
1
,
.
First National
foregone 'conclusion
(All) in connection with
indicates
the
H/2S,
at
par.
15, 1944. Denom.
Due $500
.1946 to
Governor
(2) Miller, Canfield, Paddock &
Court
election
as
bonds of the State of
Approving opinions by:
(1) Thomson, Wood & Hoffman,
Melvindale, Mich.
v
&
&
$150,000 Garden City Water Dis¬
trict Nos. 1, 2, 3, 4, 5, 6, 1 to
3% refunding bonds, due Dec.
,
:V
$500.
:
Bond
indebtedness, dated May
1 at $900).' (2) (All):
•
:
and
refunding
bonds
To II. V. Sattley & Co. of Detroit,
1, 1935, Refunding
at 93.849:
1
"
Agent Matthew Carey reports that
$15,868.56
series
A
certificates $20,000 City of Lincoln ,Park, se¬
1,
a
Dated
Detroit, at 51.79:
Jan. 31, of.various 1935 certifi-
dated
Hopkins,
Dated Feb.
op-
Lansing, at 101.412:
Park,
nection with the call for
on
II.
Donald-Moore
be -paid
by the
No proposal for less than
Village.
To
upon
the unqualified opinion of Miller,
Canfield, Paddock and Stone, of
100.05,
0.98%.
bonds
v
to the First National Bank of
refunding
41/2%
to
of
about
Kingsbury & Alvis, of
New Orleans, report of which
ap¬
25,000 City of East Detroit, series peared in v.
159, p. 589,, M., Y.
> B-6,
114 to 4,14 % refunding West, City
Clerk, now advises that
F bonds, due Oct. 1, 1970; op- the bonds were
sold at a price of
tional, (2); (60 days). (*).
100.12, a basis of about 1.74%.
•
upon an
trust
payable to the order of the
Village of Inkster, must accom¬
pany each bid.
'
114
25,000 City of East Detroit, series
B-5, 114 to 414% refunding
bonds, due Oct. 1, 1970; op:tional, (2); (60 days). (*) ■.
'
;
A
B-3
outstanding the Village shall
the
51.52:
at
F'
While any
,
Crouse, Ben¬
nett, Smith & Co., all of Detroit,
rev-
:enues.
be
and
Co.
&
price
a
of
Is,
as
15, 1944. Denoms. $1,000
and
$750.
Due Feb.
15, as
follows: $2,750 in 1945 and
1946 and $3,000 in 1947.
4,
McDonald-
and
Moore
Minneapolis,
Feb.
due Oct.
sewer
follows:
as
1,500 certificates of indebtedness
system of the
Village after provision for the
payment of expenses of operation
of the
of
basis
Corp.
& Co.,
To II. V. Sattley & Co.,
enues
159,
County
another
of¬
7—v.
Northwestern National
paying
$25,000 City of East Detroit, series
A IV4 to 4% refunding bonds,
ing the sewer
lage, ancl will not be a general
obligation of the'Village, but will
be payable only from the rev¬
Feb.
on
>
both of Detroit, at 61.155:
purpose of extending and
the
Bank
City of Detroit, series A
general obligation bonds,
due Dec. 15, 1944; non-callable. (1)
respective maturity dates.
and
sue
to
4%
deduct-
orders
indebtedness
sale
;
"aAv^A-A;
v',:..,.. Mo.
Election
to
Be
$10,000
$8,500 street improvement orders
$14,000
computed from February 23, 1944
to
V::.
of
491—were awarded
aue
103.751:
at
improvement
for
MISSOURI
Butler County (P. O. Poplar Bluff),
Park, Minn.
Sale— The
certificates
of Detroit,
To II. V. Cattley & Co.
bonds will be
on
bonds,
railway
street
p.
15, 1944; non-callable.(l)
Dec.
de¬
ducting the premium offered, if
any. In determining the net in¬
terest cost, interest on premium
4%%
Louis
Certificate
fered
Detroit,
of
City
street
whose bid produces the lowest in¬
as
York, at 103.71:
$25,000
bidder
of
Bank
National
Chase
the
New
terest cost to the village after
will not be considered
St.
due
bonds
the
MINNESOTA
414%
v,
(J-J) pay¬
Manufacturers
City of - Detroit, series A
fhe refunding bonds,
Dec. 15, 1944; non-callable.'< 1)'"'-...V'
22,000
1, 1943, registerable as to princi¬
pal only, Due on July 1 as follows:
$2,000 in 1948 to 1951; $3,000, 1952
to 1955, and $5,000 in 1956 to 1973,
'
and accrued interest to
delivery.
All bids shall
be without conditions
Prin.
tions.
able
the
at
office
or
and
int.
County
or
reserva¬
(J-J)
pay¬
Treasurer's
the Chase National
Bank,
York.
Certified transcript
proceedings, executed bonds
and approving opinion of Persh¬
ing, Bosworth, Dick & Dawson,
New
of'
of
Denver, will be furnished the
bidder by the County.
Payment
and
delivery
of ' the,
successful
bonds
to
be
made
at
the
First
bidder will be furnished with the
National Bank, Albuquerque. En¬
close a certified check for 5% of
opinion of Hawkins, Delafield
the
&
amount
bid,
Longfellow, of New York, that the County Treasurer.
payable
to
the
check for
Buffalo, N. Y,
'■
•
city.
M.
Offering—Frank
Bond
Da¬
Comptroller, will receive
a. m. (EWT)
15 for the purchase of
vis. City
Feb.
coupon
or
registered
refunding bonds. Dated March H,
1944.
Due March
1, as follows:
$3,000,000
thereof, registered as to
principal and interest at the op¬
tion of the holder. Rate of interest
to be in multiples of xk or onetenth of 1% and must be the same
for all the bonds, at no higher
tiples
of interest than shall be re¬
rate
insure the sale of the
par.
Interest payable
M-S. Principal and interest pay¬
able in lawful money at the City
quired
to
bonds
at
Trust
&
Bank
Hanover
Central
the
at
office, .'or
Comptroller's
Comparison of
York.
Co.,
New
bids
will
cost
of interest to
be made by taking the
the city at the
rate named in
the respective bids
and deducting
System
(Registered), 4% bonds, M-S.
112,000 New York,*Park
therefrom the pre¬
Due Sept.
of $9,609,000 various
bonds by the Metro¬
politan Life Insurance Co., New
York City.
No public announce¬
ment of the offering was made,
of
a
total
the
list
the
to
a
number
follows: $100,$12,0000 in
and
152.75265
VwY
150,000 New York, Grade Cross¬
ing Elimination (Registered);
4% bonds, M-S. Due Sept. 1,'
dealers
of
as
■
at
■
submitted
having
company
.1975.
1,
1971
in
000
municipal
consideration.
1965.
$150,000 Jackson Co., Mo., County,
41/2% bonds, J-J. Due Jan. 1,
:
V as
follows:
$25,000 in 1949,
)r'V
V'% at 129,32 ') ' ";C;
Bros.:
Lehman
•
$50,000 in 1951
and 1950, and
,?
1952.
and
111.92
at
1
,
•
;
Jackson
46,000
at 121.108
.
V7v
122.81
at
$300,000 Norfolk,'Va., Water, 6%
•: v,
bonds, M-S.
Due March 1,
r ;
1951.
To
Trust Co., Kansas-
City, Mo.:
"
•
Chase National Bank:
To
•
May 1, 1952.
Commerce
To
F-A. Due Feb) 1,
bonds,
4%
Sewer,
Ky.,
Louisville,
100,000
7
1, $250,000 Norfolk, Va., Port Ter¬
minal, 5% bonds, M-N. Due,
••
at 139.818
153.644
at
•..;
•
•
•:
•
•
,
Due Feb.
F-A.
bonds,
196:'.
'
for bonds in the
of $1,000, or mul¬
denomination
t70
Corp.:
1944
126.11
at
Sewer
Ky.,
Louisville,
51,000
To First Boston
at 144.9418
V
1,
New York, Highway Im¬
provement,, 414% bonds, M-S.
Due March 1, 1965.
ipals—The following is a report
on the result of the sale on Feb. 9
bonds, registerable as to principal
and interest, will be issued in the
denomination of $1,000 and may
exchanged
March
Due
•
63,000
:
Metropolitan Life Insurance Co.,
New York
Sells 59,609,000 Various Munic¬
$400,000 in 1948 to 1952, and $500,000
in 1953 and
1954.
Coupon
be
1965.
•
::
sealed bids until 11
on
a
,
M-S.
bonds,
certified
$2,500, payable to the
Enclose
bidder.
ful
NEW YORK
Monday, February 14,
FINANCIAL CHRONICLE
THE COMMERCIAL &
686
Co.,
Court
Mo.,
J ail, 4^2 % bonds,,
Jan. 1, as follows:;
and
House
J-J. Due
and $204,000 Illinois, Highway, 4%
bonds, M-N. Due May 1, as
'
$10,000 in
1946, $15,000 in
•):•))) follows: $100,000 in 1949 and P
at 121.451
* '
' To
1947, and $21,000 in 1948/
•
Blyth & Co., Glore, Forgan &
1952, and $4,000 in 1956.
$236,000 Port of Seattle, Wash.,
at 117.89
uv:
Co., Paine, Webber, Jackson &
East Water Way Improvement
Curtis, Stranahan, Harris & Co., To Union Securities Corp.* New
75,000
Missouri
Road,
V/2%
No. 2, 5% bonds, M-S.
York, Estabrook & Co., Stone '• •:/
Due
Inc., Equitable Securities Corp.,
bonds, A-O. Due Oct. 15, 1950.
&
Webster and Blodget,' Inc.,
Sept. 1, as follows: $14,000 in
Chas. E. Weigold & Co., Merrill
at 112.51
and Paul II. Davis & Co.,'joint1944, $19,000 in 1945 and 19'46,
Lynch, Pierce, Fenner & Beane,
100,000 Pittsburgh, Pa. Funding)
$20,000 in 1947, $21,000 in
Geo. B. Gibbons & Co., Inc., E. z*y\
'
of
1931
(Registered), 3%%)
at 145.249
>v./7v%
1948, $22,000 in 1949, $23,000
II. Rollins & Sons, Kean, Taylor
bonds, J-D. Due June 1, 1948. •
in 1950, $24,000 in 1951 and
& Co., Tucker, Anthony & Co., $180,000 Lynchburg,
Va., Public
To National City Bank, New York:'
1952, and $25,000 in 1953 and
Improvement, 4]/2% bonds, Aand
Eastman,
Dillon
&
Co..
at 122.59
1954. •
G. Due April 1, 1960.
v'
jointly:
'
at 124.614
at 165.084
1
$158,000 Pittsburgh, Pa., Public
at 128.631
100,000 Port of Seattle, Wash.,
X' Work Relief, Series C, 4^2%J
79,000 Lynchburg,
Va., Water
$105,000 New York, Barge Canal
Smith Cove Improvement SeV
bonds, J-D. Due Dec. 1, as);
Supply, 4% bonds, M-N. Due
Terminal, 5% bonds, J-J,' Due
follows: $8,000 in 1946, $60,)%M ries No, 2, .5% bonds, A-O.
Nov. 1, as follows: $4,000 in
Jan. 1, as follows: $2,000 in
Due Oct. 1, as follows: $10,000 in 1947, $35,000 in 1952, 1950, $15,000 in 1952, and
1957, $23,000 in 1963 and $80,000 in 1946, $12,000 in 1947,
and $55,000 in 1953.
$20,000 in 1853 to 1955.
000 in 1968. (Bonds maturing
$11,000 in 1949, $15,000 in
'
•
1957 and 1963 are registered.) To Goldman, Sachs & Co., Union To Lee Higginson Corp.:,
1950, $23,000 in 1951, $10,000
at 150.523 M '
Securities Corp., Estabrook
&
S )
To Harris Trust & Savings Bank,
Y
in 1952, and $19,000 in 1954.
Co., Stone & Webster and Blod¬ $200,000 Denver, Colo., Municipal
Bank of America National Trust
at 120.068
'
get, Inc., Graham, Parsons &
Refunding, Series 1927,' 4lk %:\
&
Savings
Association,
San
80,000 Port of Seattle, Wash.,
«
Co.,
Hornblower
&
Weeks,
bonds; J-D.' Due
June 1,
Francisco, and Weeden & Co.,
Smith Cove Improvement No.
Francis I. duPont & Co.. Paul i
1967.
jointly:
2, 5% bonds, J-D. Due June 1,
II. Davis &
Co., and Harvey
at 139.3378
Mount Vernon, N. Y.
as
follows: $.9,000 in 1945 to
Fisk & Sons, jointly:
Certificate Sale—The issue of
East
Bay Municipal
1947, $8,000 in 1948, $10,000 $1,000,000
at 134.35
Utility District, Calif:, Water.
$300,000 renewal certificates of¬
in 1949, $11,000 in 1950, $4,000
5% jionds, J-J.
Due Jan. 1 $625,000 New Hampshire, Water fered Feb. 10 was awarded to
in 1951, $12,000 in 1953, and
Resources
Authority,
2%%. Harriman Ripley ; 8c /Co), Inc.,
as follows:
$50,000 in 1950 to
$8,000 in 1954.
bonds, J-D. Due Dec. 1, as New York, at 0.75% interest, at a
1953, $75,000 in 1954, $25,000
To Bankers Trust Co., New York,
: ■ follows: $20,000 in 1976, $17,in
1956 to 1958, $275,000 in
price of 100.01, a basis of about.
Harriman > Ripley & Co., Inc.,
Y
000 in 1977, $70,000 in 1978, 0.7466%)) Second
high bid 4 of
1959, $25,000 in 1960 to 1963.
and Estabrook & Co., jointly:
$21,000 in 1979, $23,000 in 10Q.0106 for 0,87s was made by
$75,000
in 1964, $50,000 in
at 156.9041
1880, $25,000 in 1981,, $28,000 the National City Bank of New
1965, arid $75,000 in 1966 and
in 1982, $79,000 in 1983, $32,180,000 Rhode Island, State, 4 %
1967.
York.
The certificates are dated
000 in 1984, $83,000 in 1985, Feb.
bonds, J-D. Due June 1, 1977.
16, 1944. Due Feb. 15, 1947.
To Harris Trust & Savings Bank
''
,,,J
at 153.4287
$87,000 in 1988, and $90,000
and
Bank
of
America
Na¬
their
for
To
follows: $50,000 in 1970
as
Blyth & Co.:
'
yt $100,000 in 1971.
'
.
.
"
.
,
■
•
v
.
>
v
.
'
.
mium bid,
No bid will be
if any.
accepted for less than par value
of the bonds and accrued interest
comply¬
tliereon, and any bjd not
ing with the terms of the notice
of sale will be rejected, and all
bids must be unconditional.
The
bonds will be delivered to the
bidder
successful
&
Trust
preferred
(the
York
New
the
at
or
Bank
Hanover
Central
Cp.,
City
the
at
office,
Comptroller's
place of delivery.must be specified
in the bid), on, March 1, or as
soon
as possible^ thereafter
upon
the payment of the principal bal¬
ance
due plus accrued interest.
legality of the issue will be
examined by Caldwell, Marshall,
Trimble & Mitchell, of New York,
and*their favorable opinion will
be furnished to the purchaser on
delivery of the bonds.
A pre¬
scribed form of proposal will be
furnished on application to the
City Comptroller's office, or the
The
.
s
.
'
.
Island
(Regis¬
tered), 4% bonds, M-N. Due
170,000 l Rhode
.
Ilalsey, Stuart & Co.:
check
able to the City
$60,000,
for*
Comptroller.
Offering
City
Byrne,
William
will
until
bids
2
re-,
(EWT), on Feb. 17, for the pur¬
of $125,000 not to exceed
5% coupon or registered general
of 1944 bonds. Dated Feb. 1, 1944.
chase
Feb. 1,
in 1945, $8,000
Denomination $1,000. Due
as
follows:
$7,000
1946, $10,000 in 1947 to 1956,
and $5,000 in 1957 and 1958.
1948, 1950, 1952, and
\
interest
of
14
tiples of
Fenn
&
Co.,
Smith,
Barney & Co., Salomon Bros.
&
&
$15,000
Ilutzler,■ R. W»
Co.,
and F.
S. Moselej
Co., jointly:
at
$40,000 in 1954, and $43,000
1955.
in
&
.v/.)
108.2156
at
Phelps, Fenn & Co., Harris
Trust & Savings Bank, Salomon
To
Bros.
&
Hutzler,
It.
W.
127.2306
•.provement 4V2% bonds, J-D.
Prcss-
4
Due Dec. 1, 1956.
for all of
prich & Co., and F. S. Moseiey
at 107.551
F-A. Issued
& Co., jointly:
to pay a part of the cost of public
95,000 Lynchburg, Va., Public
at 137.95938
improvement work relief proj¬
Improvement,
41/2%
bonds,
New York, Canal Imects having periods of probable $190,000
J-J. Due Jan. 1, 1946.
'
provement (Registered), 4%
usefulness of 15 years.
Principal
at 150.928
bonds, J-J. Due July 1, 1960.
and interest payable at the City
177,000 Louisville, Ky., School
at 139.45358
Treasurer's office. The city oper¬
5% bonds, A-O. Due April 1,
ates under its Charter, constitut¬
65,000 New York, Canal Improve¬
%% 1962.
■
ment (Registered), 4% bonds,
ing Chapter 747 of the Laws of
at 145.697
J-J. Due July 1, 1961.
1896, and the proposed bond is¬
sue is authorized by Chapter 782
55,000 Louisville, Ky., Tubercuat 149.07062
V
losis Hospital, 4 Vi % bonds,
of the Laws of 1933, as amended.
134,000 New York, Canal Im¬
F-A. Due Feb. 1, 1963.
In the event that prior to the de¬
provement (Registered),4 V\ %
at 139.818
livery of the bonds the income
bonds, J-J. Due Jan. 1, 1965.
received by private holders from
100,000 Louisville, Ky., Sewer
37,000 New York Canal Improve¬
bonds to the same type and char¬
4% bonds, F-A. Due Feb. 1,
ment, 4%% bonds, J-J. Due
acter
shall
be
taxable
by the
1965.
Jan. 1, 1965.
terms of any Federal income tax
1
To the Bankers Trust Co., Harri¬
at 146.3084
law, the successful bidder may,
man
Ripley & Co., Inc., First
at his election, be relieved of his
150,000 New York, Highway Im¬
Boston
Corp., Northern Trust
provement (Registered), 4%
obligation under the contract to
Co., and Bacon, Stevenson &
purchase the bonds and in such
bonds, M-S. Due Sept. 1,1965.
Co., jointly:
case the deposit accompanying his
at 138.793
and
must be
the
bonds,
the
Estabrook
Corp.,
&
"
Co.; and
123,000 Louisville, Ky., School,
414 % bonds, J-J. Due Jan, 1,
;
h
1970.
■
at 148.80
Louisville,
^5,000
•
414%
bonds,
1, 1969.
,
Ky.,
F-A.
will be valid and
legally binding
obligations of the city, and the
city will have power and will be
obligated
to
levy
ad
valorem
taxes
upon
the
all
taxable
payment
of
the city for the
the bonds and in¬
without limitation
'
of rate
or
amount. The
opinion of
Hawkins, Delafield & Longfel¬
low, of New York, to this effect
will
be
furnished
to
the
success¬
141.8679
159,000 New York, Highway Imprpvement (Registered), 4%
bonds,
M-S.
Due
1961.
March
$100,000 Louisville, Ky.; Univer¬
sity of Louisville, 4% bonds,
1,
M-N. Due May 1, 1966.
at
at 149.4496
143.555
real
property within
terest thereon
at
174,000 New York, Highway Im¬
provement (Registered), 4%
bonds, M-S.
Due March 1,
75,000 Louisville, Ky., Park, 4%bonds, M-S. Due March 1,
at
at
149.5835
106,000 New York, Highway Im¬
provement (Registered) ,4y2 %
1969.
on
lines
self-sustaining
a
basis.
,
"A
very
at 134.905
$96,000
1961
and
order
to
them
remove
from pol¬
itics, be placed in a Transit Au¬
thority, directed by law to charge
a
self-sustaining fare to pay the
to enable the
and
undertaking of
needed modernization proj¬
ects as speedily as possible," the
'
in 1960, $97,000 in
1962, and $96,000 in
1963.
report said.
"It is believed that
step would not only divorce
transit from politics, but by the
this
adoption of the various other
recommendations, would result in
an
immediate
reduction of 23
points in the city's real estate tax
Nashville, Tenn., City,
4% bonds, J-D. Due Dec. 1
as follows: $5,000 in 1950, and
$15,000 in 1951 to 1963.
200,000
To
Northern
Trust
Co.,
Chicago:
rate.
"The
main
the
is
1955,
$29,000 in 1956, $45,000 in
1957, and $51,000 in 1958.
in
000
1950, $15,000
'
of
1
in
OOQ
147,000
Illinois,' Highway, 4%
bonds, M-N. Due May 1, as
follows: $5,000 in 1949, $25,000 in 1952, $11,000 in 1955,
$15,000 in 1958, and $91,000
1959.
at 130.827
Jackson Co.. Mo,. Pa¬
rental School, 4 Vi % bonds, MS. Due Sept. 1, 1954.
150,000
source
of city revenue,
much the immediate
relief to the taxpayer, but
not
so
important
more
$185,000
Illinois, Highway,
4%
bonds, M-S. Due March 1, as
follows: $20,000 in 1949, $25,-
importance of a substan¬
tial reduction in real estate taxes,
cash
at 131.039
,
152.4149
375,000 Louisville, Ky., Sewer,
4%% bonds, F-A. Due Feb.
1,
placed
many
■
393,000 Nashville, Tenn., City,
3J/2% bonds, J-D. Due Dec. 1
as
follows:
$7,000 in
1959,
in
1968.
1962.
city's sub¬
Sewer, city full taxes and debt service,
Due. Feb.
,
bonds
the
on
The Chamber for years has
ways.
>
%
important recommen¬
Ilarvcy Fisk & Sons, jointly:
dation, and most vital to the wel¬
fare of this city, is the suggestion)
at 145 42 ■ Wz$150,000 Louisville, Ky., School, by the Committee of Fifteen that a
41/4% bonds, M-N. Due May ten-cent subway fare be estab¬
lished, and that the title, control
1, 1966.
and operation of the subways, in
at 159.26 W).
,v
.
The
fare
ten-cent
be
same
returned.
approved in general the report of
the Committee of Fifteen which
included recommendation for a
urged that the rapid' transit
Stone
&
Webster
and
Inc., Hornblower
&
Weeks,
Francis I.
duPont %&
payable
be
on
York,
New
of
State
Co.,
,
will
of the
announced
Feb. 1 that his committee had
the Chamber of Commerce
Blodget,
v
.
bid
York, N. Y.
% Increased Subway Fare Recom¬
mended—Peter Grimm, chairman
of the committee on taxation of
'
250,000 Norfolk, Va., Public Im.
Securities
Co., Paul II. Davis &
1948.
'
120.769
at
Goldman, Sachs & Co., Union
To
Pressprich
Missouri,
Road,
4%
125,000. New York, General Im¬ $66,000
bonds, A-O. Due April 1, as
provement, 4% bonds, M-S.
Due Sept. 15, as follows: $14,follows: $35,000 in 1945, $3,000 in '1946, $28,000 in 1953,
000 in
1946, and $28,000 in
one-tenth of 1%
or
Phelps,
at 128.253
mul¬
be in
to
To
April
in 1953.
-
tn
Rate
Road,
Virginia,
and
Bridge, 4% bonds, M-S. Due
Sept. 1, 1954. l£*s
'
i
99,000
Missouri,
Road,
4 V2 %
bonds, A-O. Due Oct. 1, 1949.
and $201,000 in 1965.
.
1, as follows: $1,000 in 1944,
$21,000
in 1946, $50,000 in
B.
p.m.
.
41/2% bonds,Due
'
Treasurer,
sealed
ceive
—
West
187,000
Kingston, N. Y.
Bond
at 120.095
pay¬
000 in 1863, $38,000 in 1964,
Highway
Maine,
$158,000
::
.
I
1
*
California, Highway
(Registered) 4Vi%. bonds, J-J.
Due July 1, as follows: $206,-
Road, 4%
bonds, J-J. Due. July 1, 1952.
•
To Ilayden, Stone & Co.:
at 132.114
at 146.3499
'
New
in 1987.
SavingsAsso¬
$445,000
at 123.73
150,000 West Virginia,
Trust:&•
ciation, jointly:
May 1, 1977.
To
above named attorneys. Enclose a
certified
tional
mean
still,
it
would
the salvation of real estate
values, which are now being de¬
stroyed through excessive taxes."
City Real Estate Valuations Cut
$113,691,059
—
The tentative as¬
sessed valuation of the city's real
estate
for the
fiscal period from
July 1, 1944, to June 30, 1945, has
been fixed at $15,897,623,006, rep¬
decrease of
from the last fiscal
year's final total of $16,011,224,-
resenting a tentative
$113,601,050
056.
.
report made public 011 Jan. 31
by William Wirt Mills, president
of the New York City Tax ComA
Volume
159
V
Number 4255
mission,
shows reductions in ordi¬
estate in all boroughs
except Queens, where a net in¬
crease of $2,244,895 was reported.
In
discussing' his report, Mr.
Mills explained that the net re¬
ductions should not be viewed
reflecting
plicable
the
the
valuation
a
assessor
worth
.
general trend, ap¬
city as a whole.
than 820,000 parcels
more
received
by the
any
to
Each of
determined
his estimate of
on
of
structure.
as
the ; land
In
and
the
the main, Mr. Mills
said/ tbe reductions ^represented
depreciated value in land.
-
-
The total reductions for the
en¬
;
THE COMMERCIAL & FINANCIAL CHRONICLE
;
$308,020,000;
as
compared
high current year re¬
only
with
the
turns
real
nary
;
•
of
$443,120,500, New York
should complete the coming
State
fiscal year
plus, amounting to $17,600,000.
Here
'
that
noted
observers
v
the
might turn out to be
good deal larger than $17,600,-
next surplus
a
if
000
Governor
the
is
un¬
now
returns to the
der estimating tax
extent that he did a year
ago.-At
that time Mr. Dewey forecast tax
collections
from
of
$379,600,000,
as
compared with the $443,120,500
which actually is coming in, with
the result that the present surplus
to
year.
.,
gives
tax
this
$22,500,000 expected next
/V,
v>/'. :/■;•/• -.v. 'y „
pari-mutuel tax estimate
Relieves
either
that
will not end early in the
war
fiscal year, or
city amounted to $194,792,015.
the report set forth, but this fig¬
ure was diminished by increased
valuations on some properties.
swelled to $148,000,000.
$3,750,000
but it brought in the huge sum of
$18,512,000, since the war econ¬
omy put betting money into the
hands
of
thousands
who
never
.
,
Some other of the larger assess¬
included
the
New
York
ments
for needs which
Stock
Exchange Building, $17,000,000; One Wall Street, $16.600,000; Waldorf-Astoria, $22,000,-
000; R. H, Macy & Co., $24,000,000;
ten units and two parks of Tudor
City, $16,273,000, and the Parkchester Development, $51,757,000.
:
The tentative reductions
in
or¬
dinary real estate valuations by
boroughs were: Manhattan, $89,-
will arise
its end.
nears
war
the
as
Governor
that the
see
sect'on
be
of
ended
with Japan
war
will
be
over so quickly.
If that proves
correct, the reconstruction of our
domestic economy will be a grad¬
ual affair. This entire budget plan
is
predicated upon that possi-
pointed
that
out
net fig-
were
ures„after taking into account the
of
value
in¬
construction,
new
and
creases
decreases
for
equal¬
ization, restoration of rehabilita¬
tion exemptions, decreases for ex¬
emptions, demolitions and other
items,
that
so
of reductions
property is
the
a
the
losses
to
1943-44
net.
in
decrease
as
from
the
propex'ty are the
States Govern¬
State of New
City
of , New
miscellaneous,
rehabilitations,
York
Proposed
(State of)
Executive
Calls
for
sage
stressing
Budget
$371,809,013—In
continued
economy
accumulation
a
mes¬
and
the
of
submitted
the
to
Legislature on
Jan.
31
his
proposed/ executive
budget for the fiscal year starting
April 1, which calls for the State
to
spend $366,809 013 from the
general fund and $5,000,000 from
the newly created post-war re¬
,
construction
This
fund.
total
spending
estimated
$376,708,129
fiscal
year
plan
bv
another
total
expense
reduction
$2,500,000
is
greater
because
in
this
budget the Governor sets up
an emergency fund of that amount
to meet contingencies.
In previ¬
ous years the cost of contingencies
was
met
during the year and
added
the
to
next
year's budget.
In his budget message Governor
Dewey
disclosed
triumphantly
■that- the special post-war fund,
already established as the first act
of the 1944 Legislature and orig¬
inally estimated at $140,000,000
as
of
March
reach
With
31,
$148,000,000
the
increase
actually
will
that
date
on
accounted
for
by swelling tax returns.
And
though
coming
$2,000,000 for
' construction
would
pur¬
be
of
high¬
which
projects;
post-war
$1,-
000,000 for acquisition of urgently
needed
highway building equip¬
of which may become
available during
the year, and
$2,000,000 for the New York State
ment,
some
post-war Public Works
Commission.*
<
■
Mr.
Planning
!
Dewey noted,
public works are
for private jobs.
war
tute
for
sound
useless
wise
"post¬
substi¬
no
is un¬
make
It
government
he
as
did in his annual message,
to
work, but it is sound and
for
government to
be
Mr.
tax
Dewey
added,
collections
year are
for
al¬
the
expected to total
Legislature
Housing
Press
8
A
Refuses
Loans
the
repairs
and
improve¬
that
are
required.
The
Planning Commission is planning
that money shall be spent wisely,
and not just for the purpose of
spending."
The
forces
potential
reflected
in
this
arising
budget
Dewey's estimates of tax
in
Mr.
revenues
for the coming year..
!
For example, he expects to col¬
lect
$93,000,000 from the
corpora¬
tion franchise tax, but lie plans to
set aside $15,000,000 of this as a
ures
be lowered by renego¬
may
tiation of war contracts.
V;
,
■
With
to
the liquor shortage likely
continue, the Governor has re¬
duced
estimates
on
the
alcoholic
beverage tax from the $23,000 000
being collected this year to
000,000 expected next
the
Because
to
future is
an
unknown
-but because about 400
retiring in
one way or
this
from
year
to
$32,800,000
vote
State
on
housing
after
a
minority assertion Republicans are
"not in sympathy" with the hous¬
ing program,
feated
last
similar
a
consideration
night
effort
of >
Democratic
force
to
a
Senator
Greenberg
Samuel
?
L.
New York City,
would
authorize
$150,000,000 of
loans, of which two-thirds would
go to New York City.
Pleading
unsuccessfully for its release from
Finance
Committee,
Greenberg declared
ture's failure
last
housing
loans
proof that the
this
of
State
the
Legislan_
to act
year
Republican
is
on
"conclusive
was
Tapering
day
another
a
collected
$28,100,000 expected
next year.
Sept.
William
Smith
&
Co.,
associated
Co.,
with the
above
114s, paying
as
price of 101.19,
a
basis of about 1,044%.
a
Columbus, Ohio
Issuance
Of
Light
The Court of
Appeals, in a re¬
unanimous decision, ruled
the City of Columbus, Ohio,
cent
that
cannot
issue
Off
1
Urged
the
by
Commerce
Mort¬
on
the
of
"ta¬
Chamber
State
of
New
"seriously ham¬
pered" by the moratorium law.
by the special committee
which Lawrence
B.
acted
the
at
upon
on
an
appeal
city from a Common
decision, which had
previously been upheld by John
Summers, Special Master Com¬
Mr.
was
ity
to
city
issue
ground
bond
issue
Summers
moratorium
law:
(1)
Re¬
quire amortization payments of at
least 2% upon the principal of
the mortgage; (2) re quire the re¬
organization
or
refinancing
of
mortgages where funds for that
purpose are
obtainable at
able
and
rates,
to
(3)
reason¬
require
maintain
the
the
premises
it
has
exceeded
Sale—The
$11,000 swim¬
7—v.
391—-were
awarded to Fox, Reusch & Co., of
15.9,
p.
Cincinnati, as 114s, paying a price
of 100.736, a basis of about 1.31%.
Sept. 1,
1943. Due Sept. 1
follows: $1,000 in
1945 to 1953,
$2,000 in 1954. The next high¬
was J. A. White & Co.,
The yields for 10
high grade bonds and for 10 lower
grade bonds today stands at 1.21%
1.55%, respectively.
The
recovery
from the price
recession
of last December has
somewhat
the
lower
index
sets
group
noticeable
more
grade
of
bonds,
1.55%
The
for
this
all-time
high
prices for these bonds,
while the high grade group has
not
quite reached the high of
level
a
new
of
1.20% set in October and Novem¬
ber.
Court
follows:
Price
1 Ik #
& Irving Co._„
-
& Co.__
& Mayer
bid being
The sale Tuesday
one
Issuance
Brown
will be
issued in
the
future,
due to inability
priority for materials.
near
get
to
all due in 1944 and 1945. Out
were
of 65
blocks
dealer
included
bought
List
of
Bids
In
—
Stark
Ohio
Bond
connection
Sale
Schrantz,
Commissioners,
of
bidders
Bidder—
&
l'/s9i
IV2.
Fox, Reusch & Co.
Ohio Co
;w~;
159.00
l'A
Vk
Vk
The First Cleveland Corp.
138.00
Vk
—
59.00
81.00
70.50
.
'
bidder.
'•Successful
an
has
—
Harry Munger states
shortly be placed
missioner
there will
that
circulation
a
for
the
car
petition
and
It is estimated that the
bus lines.
mortgage
bonds
needed would
not exceed 314 million dollars and
obligation could be paid
that the
proceeds from the city rail¬
from
Green
Green-
Township (P. O.
ford), Ohio
E.
L.
Coy,
Board
of
Trustees,
will receive sealed bids until noon
21
Feb.
on
for
the
purchase
of
$12,000 214% fire apparatus bonds.
Dated April 1, 1944. Denom. $500.
Due
$2,000 Dec. 15, 1945 to 1950.
may bid for a
different
rate of interest in a multiple of 14
of 1 %.
Enclose a certified check
for $125, payable to the Board of
Bidders
Trustees.
Board
reports
that
of
due
maturities the sale
postponed to Feb. 23.
originally scheduled
was
SOUTH CAROLINA
Charleston County, (P. O.
ton), S. C.
Charles*
r
Bond
Sale—The $350,000 semiimprovement
bonds
of392—were awarded jointly to
ann.
for
sale
Feb. 9—v. 159,
Co., of Charlotte,
on
R. S. Dickson &
and
Stranahan, Harris
&
Co.,
Inc., of Toledo, paying a price of
100.003, a net interest cost of
about 1.21%, divided as follows:
For
$210,000,
maturing $35,000
Feb. 1, 1946 to -1951, as 214s, and
$140,000, maturing $35,000 Feb. 1,
1952 to 1955, as Is.
Dated Feb. 1,
1944.
Denom. $1,000.
Other bid¬
ders
were
as
follows:
Chemical
Bank & Trust
system.
way
Hilda
for Feb. 9—v. 159, p. 591.
p,
Local Transit Lines
been
The sale
fered
For
City Com¬
in
.
—
of $21,000 not to exceed 4% inter¬
est Sewer District No. 10 bonds
'
Dayton, Ohio
Ownership
Sought
City
Clerk of the
error
74.00
Vk
Bosworhh & Co.—
Ryam Sutherland & Co.—
The
91.85
to
42.64
Bank
Co
&
$184.00
Vk
Vk V
Mayer—__
Co.——_
White
Braun,
*
Int. Rate Premium
.
Savings
Trust
A.
J.
submitted:
was
•
Harris & Co.,,
Seasongood
Provident
493, the following list
p.
Stranahan,
&
assessment
of which appeared
report
159,
v.
special
liift,
four
*
Postponed
improvement
in
the
but
County (P. O. Canton),
with the sale of the $20,303 street
bonds
in
all
items.
Coshocton, Ohio
-
Co., New York, and
Co., jointly,
for $350,000 114 s, at a price of
100.058, a net interest cost of
about 1.24%; C. F. Childs &■ Co.,
Mackey, Dunn & Co., and Newburger & Hano, jointly, for $35,000 414 s and $315,000 1.20s, at a
price of 100.06, a net interest cost
of about 1.29%; Harriman Ripley
& Co., Inc., and B. J. Van Ingen
& Co., jointly, for $35,000 2%s
and $315,000 114s, at a price of
100.02, a net interest cost of about
1.295%. '
Francis I.
duPont &
South
Offering—Evelyn Conlon,
Note
Carolina
Sale—The
(State of)
notes
159, p. 591—
awarded to the Peoples Na¬
$100,000
offered
the
were
bonds. Dated
of Rock Hill, as Is,
plus a premium of $5.
Dated Feb. 1, 1944 and due Feb.
1, 1945.
The National Bank of
South
Carolina, Sumter, bid a
rate of 1.0625%,'plus $50.
purchase of $1,500 4% sewer
March 1, 1944. De¬
nominations $200 and $100.
Due
Sept. 1, as follows: $100 in 1945
and 1946, $200 in
1947, $100 in
1948, $200 in 1949 and 1950, $100
in 1951, $200 in 1952 and 1953,
and $100
in 1954. Bidders may
bid
for
Roth
Columbus
strong, the high
101.19 for Mms.
bonds
Co,
as
Int. Rate
Sutherland
final
for
System of $1,500,000 Ohio munici¬
pal bonds caused scarcely a flurry
even
in activity, since the bonds
Ohio
were
A. White & Co._:
Seasongood
all-
high set in October and No¬
vember of 1943.
by. the State Teachers Retirement
Weil,
bidders
Bidder-—
of
This
the
Indefinite—
facturers indicating a 10% reduc¬
tion in the next year, the Gover¬
nor
scaled down his estimate of
114s.
Ryan,
reached
now
Cain, City Clerk,
reports that while the City has
passed legislation authorizing the
issuance of $400,000 water works
bonds it
is not likely
that the
Bend
Agnes
able
J.
has
quite
Supreme
judgment.
for
Other
index
Village Clerk, will receive sealed
bids until noon on Feb. 19, for
ming pool bonds offered for sale
persons
and
London, Ohio
Athens, Ohio
as
strength
Bidding for $160,000 Barberton,
Ohio, bonds sold on Monday was
Bond
and
its
The city is
capacity.
;
expected to carry the case to the
condition.
OHIO
Dated
held
without author¬
the bonds on the
that
show
as
market
municipal
to
re-
9,
v.;
index of the yield on 20 Ohio
bonds, today stands at 1.38%, com¬
current
that the
High—
Feb.
our
in
missioner.
of
%'VyY
'
;■
continues
of)
Record
date
Ohio
been
court
Court
monthly
meeting tomorrow, contains three
suggestions for the gradual end
Feb.
The
taken by the
Elliman is
chairman, the report, which will
on
follows:
before
H.
At
Co., Cincinnati,
under
Pleas
party
York declares that activity in the
Bond
ted
poi
and
the
Index
J. A. White &
$824,000 bonds to
finance improvements to the mu¬
nicipal light plant.
The case was
in
in good
a
highest
Co., for 114s,
Pohn &
was
Ohio (State
time
city ownership of street
owners
as
Dated
pared with 1.39% last week.
Plant Bonds
Enjoined—
mora¬
the
named
firm in the purchase of the issue
public
of
Feb.
of
of
Crouse, Bennett,
of Detroit, were
and
torium law, a report made
be
1.275%.
price of 100.117.
a
Bond
&
a
of
about
1954 inclu¬
to
Mericka
J.
Cleveland,
Increasing num¬
entering the
armed forces where they buy cig¬
arettes tax free, and with manu¬
steadily
of
1945
at
4,
est in
With
1, 1944,
annually on
$16,000
1 from
est bidder
bers
March
Moratorium—Urging
pering off" of the mortgage
gage
Drawn
of
bidder
dated
are
mature
in
not
sympathy
with the public housing program."
on
basis
bonds
of
Senate
the
Savings Bank of Gallipolis,
114s, paying a price of 100.52,
March
1,
1943,
Denom.
$850.
Due $850 on March and Sept.
1, in
1944 to 1948,
The next
de¬
companion
measure by the Assembly.
The
measure,
sponsored 'by
factor, the
cars
ma¬
Demo¬
a
a
municipalities
shortage
*rom the roads of New York St^e,
he cut the motor vehicle tax esti¬
mate
to
:
Governor kept his motor fuel tax
estimate unchanged at $38,000,000,
are
loans
force
of
on
,
$18,-
year.
gasoline
Republican
real estate field is
from the post-war period also are
Albany
jority defeated, 27 to 18,
effort
Vote
follows:
as
solid Senate
cratic
493—
p.
Commercial
&
by Fox, Reusch & Co., of Cincin¬
The next highest bidder was
Ohio Co., of Columbus.
The
Associated
from
reported
to
An
—
dispatch
Feb.
pre¬
pared to put men at work on con¬
struction,
of
during' the present
ending March 31.
In
;
the
sense
a
of
feserve to coyer refunds to eorpb>afiors wh^se ultimate profit fig¬
of
$371.-809,013 for next year repre¬
sent? a reduction of $4,899,116
from
total
ways,
sur¬
plus, Governor Thomas E. Dewey
but
notice of their
no
j Republicans
ments
*
New
A
Here.
the
following: United
ment, $1,523,200;
York,
$21,000;
York.
$3,356,645;
$1,296,250, ' and
follows:
chase of rights of way for
•
exemptions
taxable
$106,200.
amount
granted to existing
great deal more than
indicated
Included
actual
took
appropriation
as
report
demanding
formula
demands*.
well
category,
the reduction totals
the
headed
group
^eb. 7—v. 159,
on
awarded to the
were
State
the
European
may
Following this up with spend¬
ing recommendations, Mr. Dewey
asked for $5,000,000 to be appro¬
priated from the post-war fund,
$9,178,930.
of
within
the next fiscal-year. I cannot fore¬
•"The
war
503,650; Bronx, $3,733,390; Brook¬
lyn, 812,606,930; Richmond, $823,055, and in real estate of corpora¬
tions, placed in separate utilities
The
cities have beep
some
revision
.
a
the
sive,
esti¬
,
.
to
nati.
cal
year,1 Governor Dewey
mated this tax return at
for sale
The
—
awarded
were
and
As
.
Sale
$160,000 fire
station apparatus and equipment
bonds offered
for/sale on Feb., 7
that, if it does, em¬
ployment will hold up without a
great slump. For the current fis¬
had it
before.
For the 'coming
.
expected from the tone of year, Mr. Dewey estimates the
his annual message delivered on pari-mutuel tax return at $15,Jan. 5, Governor Dewey recom¬ 000,000.
For the second successive year mended ho changes in the State's
Last year the Governor counted
the R. C. A. Building in Rocke¬ tax system for the coming year on $100,000,000 from the personal
feller Center received the highest, beyond those already announced: income tax, but it is bringing in
assessed valuation of 'any single the actual 25% cut in the personal only $85,000,000.
For the coming
business structure in the city— income tax, revision of corporate year the estimate is $88,000,000.
One item which may be con$28,500,000.
The
next
highest business taxes, which now is be¬
were
the Empire State Building fore the Legislature, and distribu¬ trovers at
in
the
aporooriat'on
and the Equitable Building, 120 tion of utility and mortgage-tax side of the Governor's
budget is a
Broadway, which were tentatively revenue to the State's 62 cities,
drop in State aid to localities for
assessed at $28,000,000 each. This
education of $7,830,000, This
The
budget
submitted,
Mr.
fig¬
represented for the Empire State Dewey said, ''differs from previ¬ ure is determined annually on the
Building an increase of $500,000 ous plans, in that it attempts not basis of school attendance, and
over last year, and for the
is
down
Equi¬ only to fit the expenditures and since enrollment
the
table
Building,
a
27-year-old revenues of the State to condi¬ amount of State aid is down. How¬
structure, a decrease of $300,000. tions of war, but also to provide ever, teachers' organizations and
tire
Barberton, Ohio
Bond
indication that Gover¬
one
Dewey
the
cigarette
collected
.
The
nor
the
$25,200,000
year
another fat sur¬
with
from
revenue
68
100.15
M-S.
check
of inter¬
Enclose
a
for
$100, payable
Village Treasurer.
100.47
1 !4 r/»
rate
100.53
114ft
1Vi-Cfr"
different
a
multiples of 14 of 1%, pay¬
100.25
101.168
fire
8—v.
Bank
par
SOUTH
South
DAKOTA
Dakota
certified
to
the
Reinvestment
Certificates
of
(State of)
Rural
Authorized
Credits
—
Rein¬
vestment of the principal in treas¬
ury
certificates of indebtedness
<
$8,500 semi- maturing Feb. 1, 1945, was au¬
thorized in a resolution adopted
apparatus bonds offered
Middleport, Ohio
Bond
ann.
tional
at
Feb.
Sale—The
THE
688
14, 1944
Monday, February
CHRONICLE
COMMERCIAL & FINANCIAL
fihmicipai Band Sales h January
City, where
they will be re¬
the called bonds are not redeem¬
deemed. Interest ceases on date
board direct¬
able, until after 10 years from called. ■
•;
Long-term financing by States and municipalities in the recent
ing State Treasurer E. V. Youngtheir date.
Mandamus proceed¬
month involved disposal of issues in the aggregate principal amount
quist to sell $2,500,000 in certiiiPaducah, Texas
ings are being, instituted and it is
eates
now
held by the depart¬
of $38,636,871, of which $14,163,100 was made up of refunding loans.
Bond Sale Cancelled — J. D.
expected that the Texas Supreme
ment. Rural Credits Director Mil¬
The month also witnessed consummation of the sale of-$20,000,000
Court will rule on the question Bell, Mayor, announces that the
lard G. Scott said the purchase of
.2*4% electric revenue bonds by the Puerto Rico Water Resources
involved." To repeat, this litiga¬ sale of
the
$340,000 refunding
new
certificates will provide an
Authority, only $10,200,000 of which were publicly offered, the re¬
tion has not changed the status of bonds scheduled for Feb. 17, has
investment maturing in time to
mainder of the issue having been placed privately.
This issue, of
the
refunding of the
original been cancelled.
meet obligations without loss of
course, is not included in the total borrowings for the month as
bonds which were called for pay¬
interest.
Certificates now held
reported above.
:,y;v.:
WEST VIRGINIA |
ment last October 10, and inas¬
mature several months before the
That portion of the loan publicly offered was placed 011 the
much as the called bonds ceased
Kanawha County (P. O. Charlesfunds are needed for application
market by a syndicate headed by the First Boston Corp., B. J. Van
to bear interest after the call date, ;
ton), W. Va.
to the rural credit debt, he point¬
Ingen & Co., Inc. and Blair & Co., Inc. 1 The financing was
the holders thereof should give
Authority
Upheld — Authority by a group composed of B. J. Van Ingen & Co., Inc., and
ed out. Scott said the present cer¬
further consideration to present¬
for the issuance of the $3,000,000
tificates can be sold at a premium
& Co. and Barcus, Kindred & Co., both of Chicago, and each of the
ing their bonds for payment at
about $1,500 in addition to inter¬
airport bonds by the county was three underwriters retained a major participation in the selling
this time."
est.
'
'
upheld recently by the State Su¬ group.
The Resources Authority was formed by the Puerto
Dallas, Texas
preme Court, which refused the
legislature several years ago and, as a result of the recent
South Sioux Falls Independent
Bonds
Sold — The
following petition of Samuel E. Bowen to it will own and operate virtually all the electric utility properties
School District, (P. O. Sioux
bonds aggregating $1,350,000, of¬ reserve the State Attorney-Gen¬
of the island.
Falls), S. D.
fered for sale'on Feb. 9, were eral's approval.
The high court's
Turning again to borrowings during the month by States
Bond Sale—The $46,000 semiawarded to a syndicate composed action gave the county authority their local units, we find that the largest new issue to reach the
ann.
building bonds offered for
of the Northern Trust
Co., the to sell the bonds and start con¬ market was the offering by Halsey, Stuart & Co., Inc., and Asso¬
sale on Feb. 8—v. 159, p.'495—
First National Bank, both of Chi¬ struction of the Coonskin Ridge
ciates, of $9,450,000 State of Minnesota 1.40% rural credit
were awarded to the Union Sav¬
cago, and Callihan & Jackson of airport for which the issue was
fund certificates of indebtedness, due semi-annually from Aug.
ings Bank of Sioux Falls, as 13/4S,
Dallas, as 1.10s, paying a price of approved by the voters last No¬ 1956 to Feb. 1, 1963.
Some of the other larger issues included $3,at a price of 100.489, a basis of
by
an
'overwhelming 310,000 by the Chicago Park District, 111., approximately
99.666, a basis of about 1.1333%. vember,
about
1.68%.
Dated March 1,
The offering consisted of the majority.
Filing the petition as a by Minneapolis, Minn., and $2,845,000 by Seattle, Wash.
1944.
Denom. $1,000. Due March
following:
1
taxpayer, Mr. Bowen contended
Of course, the outstanding development in the municipal mar¬
1, as follows: $3,000 in 1945 to
that the bond issue was unconsti¬
ket last month was the decision of the Tax Court of the
1958 and $4,000 in 1959.
The next $1,000,000 airport improvement,
Series No. 174, bonds.
Due tutional and against public policy. States holding that the Port of New York Authority, the
highest bidder was the First Na¬
Ira J. Partlaw, Acting Attorney$50,000 March 1, 1945 to 1964.
Bridge Authority and, presumably, similar constituted
are
tional Bank & Trust Co., Sioux
General, had approved the issue
Voted Dec. 28, 1943.
political subdivisions within the language of the
Falls, for l%s, offering a price
and it was
his ruling that Mr.
Code and their bonds, accordingly, are exempt from Federal taxes
150,000 street paving, Series No,
of 100.478.
Bowen sought to have reversed.
175, bonds. Due March 1, as
in accordance with the provisions of the Revenue Act of
follows: $8,000 in 1945, $7,000
TEXAS
the Internal Revenue Code.
In ruling in favor of the Port
WISCONSIN
in 1946, $8,000 in 1947, $7,000
ity on this important point the court, however,
\ Bexar County (P. O. San Antonio),
in 1948; $8,000 in 1949, $7,000
Eau Claire, Wis.
judgment on the infinitely broader question of the
: >■
Texas
in 1950, $8,000 in 1951, $7,000
immunity of all State and municipal bonds from Federal
Bond Offering—O. E. Oien, City
Urges
Holders To Surrender ■4^ in 1952, $8,000 in 1953, $7,Clerk, will receive sealed bids The Treasury department announced that it would appeal the
Bonds Pursuant To Call Notice—
000 in 1954, $8,000 in 1955, until 10 a.m. on Feb. 16, for the
sion of the Tax Court to higher courts.—V. 159, p. 590.
'
Additional Call Made To Test Op¬
As is usually the case in the opening month of the year, a con¬
$7,000 in 1956, $8,000 in 1957, purchase of $62,000 general obli¬
tional Status Of Proposed Refund$7,000 in 1958, $8,000 in 1959, gation bonds.
The highest re¬ siderable number of local taxing units resorted to tax
ings—Writing under date of Feb.
$7,000 in 1960, $8,000 in 1961, sponsible bidder shall be the one borrowing in the past month.
However, the bulk of the
7, County Judge Charles W. An¬
$7,000 in 1962, $8,000 in 1963, who having complied with the of $63,401,866 was accounted for by local housing
derson states that $673,000 of the
$7,000 in 1964. Voted Dec. 15, conditions of sale, offers to take placed an aggregate of $45,753,000 notes. '
, ■ total of $1,283,000 bonds called
1927.
With respect to operations during the month by
the whole amount of the issue at
for payment on Oct. 10, 1943, have
100,000 storm sewer improve¬ the price most advantageous to Territories and Possessions, mention has already been
been turned in and either paid
ment, Series No. 176, bonds. the city.
an
The approving opinion sale by the Puerto Rico Water Resources Authority
off or refunded.
The bonds called
Due $5,000 March 1, 1945 to
of Chapman & Cutler, of Chicago,
$20,000,000 21/2% bonds. Purpose of the loan was
on that date consisted of the fol¬
1964.
Voted April 5, 1938.
will be furnished the purchaser
sition by the authority of various
lowing: $880,000 4%% courthouse
100,000 park improvement, Ser¬ The bonds will be delivered on or properties.
.
- .
■
„
•
and jail,
$370,000 4%%, bridge,
ies No.
177, bonds.
Due $5,- before Feb. 29, 1944.
Below we furnish a comparison of all the various forms
Enclose a
and $33,000 4%% juvenile home,
000 March 1,
1945 to 1964. certified check for 2% of bid, municipal obligations sold in January during the last
all dated Oct. 10, 1925.
Mr. An¬
Voted Dec. 15, 1927. g
;
'
'
'
< 1944
:
1943 V
1942
1941
payable to the City Treasurer.
derson further advises that man¬
by the rural credits
r
arranged
Kneeland
:
Rico
financing,
•
and
deficiency
1,
$3,000,000
United
Triborough
bodies,
Internal Revenue
1938 and
Author¬
declined to pass
constitutional
taxation.
deci¬
.
•
anticipation
grand total
authorities, which
United States
made of the
of
issue, of
>
to permit acqui¬
privately-owned electric utility
of
five years:
1940
49.289,682 119.523,451 63,645,197 84,737,177
157.540,000 136,715,867 181,322,340 159,990,425
90,000,000 90,000,000 75,000,000 55,000,000
1,359.207 213,472.037
.
^
proceedings are being in¬
stituted by the county with a view
to
having the Texas
Supreme
Court rule on a question posed by
some municipal bond attorneys as
to the optional status of the $1,damus
283,000 refunding bonds. This test
case, he says, has not changed the
status of
the refunding of the
Dated
March
1,
1944.
Denom.
$1,000.
Prim' and int. (M. & S.)
payable at the Chase National
Bank, New York.
All bonds will
be
payable to bearer with the
prin¬
bids
These bonds are
option of registration as to
cipal only.
"All or none"
Details—In con¬
wvith the offering of the
Bond Offering
nection
$62,000
general obligation bonds
O. E. Oien, City Clerk,
following details and
Feb. 16,
on
sends
the
bonds are now
by the General Fund of the
advises
held
that
the
permissible.
City: vv/;JW-V;
supported by an ad valorem tax on
$8,000 4V2 % school bonds. Dated
all taxable property within the
May 1, 1931.
Due $1,000 May
original bonds which were called
city limits.
The bond ordinances
for
redemption on Oct. 10 last
1, 1944 to 1951.
Payable at
will state that these bonds carry
the Union National Bank, Eau
and, inasmuch as they ceased to
no
option to call prior to matur¬
Claire.
/
bear interest after that date, he
ity, and the face of each bond will
suggests that creditors affected
carry the words "No Option."
It 8,000 4M»% bridge bonds. Dated
"give
further consideration to is believed that these bonds will
May 1, 1931.
Due $1,000 May
presenting their bonds for pay¬
1, 1944 to 18951.
Payable at
be ready for delivery to the pur¬
ment at this time."
The following
the Union National Bank, Eau
chaser immediately after March 1.
is
taken
from
Mr. Anderson's
Claire.
The Liberty State Bank of Dallas
letter:
will certify as to the genuineness
46,000 4% water works bonds.
C
"Many
holders of the called
Dated
Nov.
1,
1933.
Due
of the signatures of the officials
bonds have not turned them in
Nov. 1, as follows: $3,000 in
signing the bonds and also as to
for the reason that they have been
1948, $2,000 in 1949, $1,000 in
the city seal impressed thereon.
advised
that
further
litigation
1950,
$13,000 ; in 1951 and
The city will furnish at its ex¬
might be expected in connection
1952,
and $14,000 in 1953.
with
the
Cochran
County de¬ pense lithographed bonds with
Payable at the Union Nathe proper interest coupons, and
cision.
It is not anticipated, how¬
tional Bank, Eau Claire, and
will
also supply
the approving
ever, that this further litigation
^ the
Chase
National Bank,
opinion of the Attorney-General
will in any way affect the status
New York.
of the State and the approving
of the Bexar County Bonds which
opinion of Chapman & Cutler, The bonds are payable from un¬
have been called as they come
of
Chicago,
all legal opinions limited ad valorem taxes.
clearly and directly under the
to
be
paid
for by
the city.
Cochran County decision and this
The City Council states that the
question has been disposed of in
city Will sell no additional bonds
final form by the Supreme Court
within the next 90 days.
in their recent denial of a second
are
,
Permanent
^Temporary
loans (U. S.)
loans (U. S.)„:
Canadian loans
Canadian loans
(temporary)
(permanent):
38.036.871
63,401,866
110,000,000
None
1,050,908
None
None
.
None
Total
1—246,451,237 454,369,682 347,290,226 321,326,744 513,199.639
Includes temporary securities issued by New York City—None in January, 19'Mb
$25,000,000 in January, 1943; none in 1942; $35,000,000 in 1941 and $35,000,000 in 1940#
The number of municipalities
in the United States emitting
permanent bonds and the number of separate issues made during
January, 1944, were 57 and 62, respectively.
This contrasts with
Canada
——
U. S.—~
—
Bonds of U. S. Possessions-Placed
in
Placed
in
motion for re-hearing.
the
beyond
even
Supreme
It is now
power
of
Court itself to re-open
the case.
bonds which
Bexar County has authorized to
refund the above described bonds
contain an option of redemption
"The
refunding
after 10 years
Kerens, Texas
the
Bond Call—It is
las.
notwith¬
standing the 10-year option con¬
tained therein, might be callable
at any time from their date.
In
order to adjudicate this question,
Bond
refunding
on
February
outstanding
Juvenile
.of
Bonds dated
of
called for pay¬
15,
portion
Home
of
1944, the
an issue
Refunding
10/10/43 with option
redemption after 10 years from
The Attorney General
their date.
has
declined
to
approve
the
re-
funding bonds on the ground that
County (P. O.
Dumas)
Texas
bonds,
Bexar County has
BRITISH
is
It
Scheduled—
stated by Sophie Thigpen,
Redemption
Coupty Treasurer, that the county
has exercised the option granted
by
Article
720;
Revised
Civil
1925, to re¬
March 15, 5% Refunding
Court House and Jail bonds Nos.
Statutes of the State,
deem on
the amount of $98,000,
dated Aug. 1, 1930; denom. $1,000;
maturing April 10, 1957.
1
to 98, to
Said
on
bonds shall
said date to
over
be presented1
the Central
Bank & Trust Co.,
COLUMBIA
C.
Vancouver, B.
Bonds
Burns,
Purchased—McMahon &
of
recently
Vancouver,
purchased
$526,000
following
the
bonds:
from their date. The
Moore
ment
M.r
;
•
.
question has been raised by cer¬
tain bond attorneys as to whether
these
stated by E.
City Secretary, that a
total of $52,500 refunding bonds,
dated March 1, 1939, are being
called for payment as of March 1,
at the First National Bank, *Dal-
McClung,
Han-
New York
$91,000 2% refunding
Feb.
bonds. Due
1, as follows:
1945 and
$76,000 in
$15,000 in 1946.
32,000 2%.%
refunding bonds.
Due $16,000 Feb. 1, 1947 and
1948.
Due
1950.
bonds,
34,000 3% refunding bonds.
$17,000 Feb. 1, 1949 and
54,000 3 V2 %
refunding
Due $18,000 Feb. 1,
1953.
315,000
*
3%%
1951 to
•.
:
55
and 59 in January,
1943.
Feb.
None
1943
1934
1933
$38,636,871
49,289,682
119,523,451
,' 63,645,197
_1 84,737,177
103,823,188
47,888,417
207,228,381
89,523,614
97,172,419
—
1942
1941
1940——
1938
1931
1930
,
1937——
,
——
observed that the 1937
$55,071,204
35,834,606
~:;r,
-
138,248,064
50,648,907
„
A-- 109,842,814
'Z
:Y——75,710,723
—100,343.627
1927
206,877,975
1926-t-—70,366,623
1929
1928
•—
1936.
record:
on
i
1932
•
1939__
i
add the
It will be
January
1944————-
..
following table showing
bonds put out in the United States for
aggregate of long-term
for a series of years.
January output was the largest
the
.
.
„
„
,
comparative purposes we
For
-
1925———--$135,536,122
1924—-—99,625,470
1923——-—
96,995,609
1922—
108,587,199
1921———
87,050,550
1920
83,529,891
1919—
25,090,625
1918—
24,060,118
1917—
40,973,081
—
—
—
—
1935.U
(List Of
Month's Bond
Sales Will Be
Given In-A
Subsequent Issue.)
able the Province to meet United
$23,000 in States dollar obligations matur¬
1959, $24,000 in 1960, $25,000 ing this year.
.*
in 1961, $26,000 in 1962, $27,
Because
it comes under the
000 in 1963, $28,000 in 1964
classification of foreign financing,
and $29,000 in 1965 and 1966.
such an issue would have to be
Dated : Feb.
1,* 1944.
Denom. registered with the SEC.
The
requirements have
$1,000. Prin. and int. (F-A) pay¬ registration
able in lawful money in Victoria, held
Canadian provincial
and
Vancouver,
Winnipeg, Toronto, municipal financing in the United
London, Montreal or Halifax, at States to a minimum, since enact¬
the holder's option.
The proceeds ment of the national securities
of this issue will be used to effect legislation of the early ■ days of
Previously, much
voluntary refunding in part of the New Deal.
long-term city issues.
Legality of the borrowing was done here.
Apart
from the registration
approved by Robertson, Douglas
& Symes, of Vancouver.
matter, Canadian authorities are
known to be receptive to the idea
NEW BRUNSWICK
of borrowing on^ this side of the
border.
The Canadian Govern¬
New Brunswick (Province of)
Bond
Issue
Negotiations Re¬ ment itself has sold several large
bond issues in the United States
ported—A11 investment banking
in recent years, thus setting an
syndicate headed by Smith, Bar¬
example of meeting the registra¬
ney & Co. of New York, is re¬
tion
requirements.
In general,
ported as conducting negotiations
however, the provinces and mu¬
with officials of the above Prov¬
and
1957
1958,
v
ince
on
within
a
proposed
the United
flotation
States of $5,-
refunding bonds.
$19,- 500,000 • bonds of the Province,
The issue would be for a four1955,
1, as follows:
000 in 1954, $20,000 in
Due
None
*
•
.
14,412,500 67,540,000
None 90,000,000
20,000,000
None
$21,000 in 1956, $22,000 in year
term, and funds would en¬
nicipalities
have
found this too
troublesome^and costly. For this
reason
much
New
financial
interest
report about possible
Brunswick borrowing here.
exists in the
@FedFRASER